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"China is pursuing long-term goals and is trying to focus on upgrading its economy and meeting the growing demand of domestic consumers while the US is seeking short-term gains. Judging from the talk results, the country (China) has ensured its core interests," said Mei Xinyu, a researcher at the International Trade and Economic Cooperation Institute, part of the Ministry of Commerce.

"CRRC has built a state-of-the-art passenger railcar manufacturing facility on the South Side of Chicago. It employs approximately 100 people, including well-paid union workers. CRRC expects to hire approximately 100 more workers in the coming year. At the end of the day, the reality is rather simple. CRRC is building passenger railcars in America, by Americans, for Americans."

"By March, Trump will have a fuller idea of the lay of his domestic economic and political landscape. He will then know the extent of any significant softening in the economy already induced by monetary policy tightening by the Fed," said Rudd.

"China didn't become the world's factory overnight. It was 30 or 40 years in the making, and there are reasons why multinationals have put their supply chains in China. It is not because they necessarily love China－they are there for sound commercial and economic rationalities. None of these have changed."

"But what's really unusual is the nature of the crisis, driven by a deadly virus. This is the first time in several generations that we've seen a global economic downturn driven entirely by a social challenge."