GT Voice: Reasonable actors in US still worth engaging with on finance

 GT Voice: Reasonable actors in US still worth engaging with on finance

Photo: VCG

Despite the increasingly tough voices over the so-called financial decoupling between China and the US, the resumption of the China-US Financial Roundtable (CUFR) may be a sign that the idea is not popular to all.

A group of Wall Street veterans and senior Chinese government officials will hold a virtual meeting of the roundtable on Thursday to strengthen communication between the two sides over issues like China’s regulatory adjustment, Bloomberg reported on Tuesday, citing two anonymous sources close to the matter. 

The CUFR was first convened during the escalating China-US trade tensions in 2018. So, at a time when the market is facing significant uncertainty when it comes to China-US trade and economic cooperation, the resumption of the meeting may represents some comfort for major market players, and proof that there is no shortage of rational voices on either side in support of financial cooperation.

Indeed, there…

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