China Global Television Network America, one of 42 television channels produced and broadcast by China Central Television (CCTV), the world’s largest broadcaster with a reach of more than 1.2 billion viewers, recently interviewed Steven Gu, Director of PYA’s U.S.-China Business Advisory Services. During the live broadcast, Gu shared his thoughts on the future of trade between the U.S. and China.
According to Gu, the April 2017 summit between President Donald Trump and President Xi Jinping was cause for optimism regarding trade relations. Gu also provided his impressions of the 100-day plan between the U.S. and China to structure and finalize their trade relationship.
“I think this is one of the most significant achievements of the meeting,” said Gu. “The details have yet to be announced, but based on the press release I think it looks like a very ambitious plan. Trade talks between the U.S. and China normally take a long time. For example, the bilateral investment treaty and negotiation between the U.S. and China was started back in 2008. We have not yet reached any final agreement there.” In addition, Gu also offered his thoughts on the state of global free trade, saying that he believed better job training, stronger educational systems, and wage insurance programs would ensure more countries enjoy wide-spread prosperity.
CCTV News is a global English language, 24/7 news and current affairs channel that can be viewed in more than 85-million homes across more than 100 countries and territories. Through cable and satellite, it is in nearly 30-million households (encompassing 75-million viewers) in the United States.
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