Global Times note: A seminar on the situation five years after the United States launched a trade war against China and the evolution of China-US relations, organized by the Global Times, was held in Beijing recently. What changes have occurred to trade relations between China and the US? How does the trade war affect the overall bilateral relations? The Global Times selected the opinions of seven scholars who participated in the seminar.

Shi Yinhong, professor of International Relations and director of Center for American Studies at Renmin University of China: China has firmly upheld the international legal system with the UN at its core and a globalized world economic environment for many years and supports the reform of international economic and trade rules in a direction that is beneficial to developing countries. However, today, various complex factors have led to a shift in the priorities for improving globalization. A considerable number of people in developed countries have grown to believe that globalization has infringed on their basic interests. Taking advantage of this dissatisfaction, the US has begun to win over Western allies to form cliques, contain China in terms of high tech, and restructure industrial and supply chains. The Indo-Pacific Economic Framework promoted by the Joe Biden administration is essentially an extension of the 'Indo-Pacific strategy' in the economic field. A few days ago, Treasury Secretary Janet Yellen delivered a speech on China-US economic relations at Johns Hopkins University. I'm not very optimistic about that because its underlying theme is to safeguard US national security at the expense of economic relations with China if necessary. Therefore, the fundamental logic of the world's political economy has changed, which requires corresponding changes in everyone's global outlook.