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    Global Security Drives Common Development

    Oct 28, 2021 4 minutes
    By Zhao Wei

    ‘Competition, yes. Enemies, no.” This was how Carlos Gutierrez, former U.S. Secretary of Commerce, characterized relations between the world’s two largest economies during the First Global Economic Development and Security Forum (GEDS) of the Boao Forum for Asia (BFA), which took place in Changsha, Hunan Province, on October 18-20.

    In a video speech, Gutierrez expressed his concerns about the recent deterioration. “Technology competition seems to have expanded beyond just the commercial leaders, and supply chains built over many years are not functioning,” he said.

    However, it is his hope that the U.S. and China can solve their problems through dialogue. “Because we have done better in the past.

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