Are economic difficulties a limiting factor for China’s foreign policy?

China’s National Bureau of Statistics said this morning that the Chinese economy “slowed significantly” in the second quarter compared with the first. We have also seen that China has more contacts with the United States and other countries, inviting leaders of the United States and Europe to visit China. Are economic difficulties a limiting factor for China’s foreign policy?

Mao Ning: This morning, the National Bureau of Statistics of China introduced the performance of the national economy in the first half of this year. It’s different from your description. In the first half of the year, China’s economy as a whole showed a positive trend of recovery. The GDP increased by 5.5% year-on-year, 1 percentage point faster than that in the first quarter. The fundamentals of China’s long-term growth have not changed, the characteristics of strong resilience, great potential and vitality have not changed, and the conditions supporting high-quality development have not changed. With the accumulation of positive factors promoting development, the economy is expected to continue to recover.

China has always carried out friendly cooperation with other countries on the basis of mutual respect, equality and mutual benefit, and this remains unchanged. As for Sino-US relations, China has always viewed and developed Sino-US relations in accordance with the principles of mutual respect, peaceful coexistence, and win-win cooperation. It is hoped that the US will work with China to bring bilateral relations back to the track of healthy and stable development.

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