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South China Business Journal


(This and cover photo from Getty Images)

The United States and China recognize their shared class that, by 2030, is projected to include more than 3 billion
interest in promoting a strong and open global economy, consumers in Asia alone. U.S. exports of goods and services
inclusive growth and sustainable development, and a stable supported approximately 12 million jobs in the United States in
international financial system, supported by the multilateral 2014. China has a strong stake in the maintenance and further
economic institutions founded at the end of World War II that strengthening and modernization of global financial institutions,
have benefited the peoples of both nations. Both countries and the United States welcomes China’s growing contributions
recognize and value the substantial contributions that the to financing development and infrastructure in Asia and beyond.
international financial institutions have made to global growth, The international financial architecture has evolved over time to
higher incomes, the alleviation of poverty, and the maintenance meet the changing scale, scope, and diversity of challenges and
of financial stability since their establishment. The rules-based to include new institutions as they incorporate its core principles
international economic system has helped to propel China’s of high standards and good governance. Both countries are
unprecedented economic growth over the past 35 years, lifting committed to supporting this international architecture and
hundreds of millions of people out of poverty. The United welcome the greater role of the G-20 in global economic
States has also benefited from the emergence of a global middle governance to ensure an inclusive, resilient, and constantly

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