Opening-up remains right path for progress

In their latest round of talks early this month, China and the United States agreed to further negotiations to work out a deal that will hopefully help put an end to the current trade standoff.

Such a deal would clearly be in the interests of both China and the US as well as global trade and the world economy.

For China, its trade dispute with the US is no doubt a major challenge and one of the harshest it has encountered in recent history. The world's most powerful economy has used its all-around influence to pressure China to toe the line, forcing China to fight back to safeguard its legitimate interests.