New Economy Forum

U.S., China Relations Move From Foothills to Precipice: NEF Wrap

  • China, inflation, technology in spotlight at New Economy Forum
  • Vice President Wang says China can’t develop in isolation

China’s Vice President Wang Qishan speaks virtually during the Bloomberg New Economy Forum in Singapore, on Nov. 17.

Photographer: Bryan van der Beek/Bloomberg
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Early signs of thawing relations between the U.S. and China dominated discussions on the opening day of the Bloomberg New Economy Forum in Singapore, just a day after leaders of the world’s two biggest economies held their first virtual summit.

In a hint of China’s willingess to engage, Vice President Wang Qishan -- technically second-in-charge to President Xi Jinping -- said his country cannot develop in isolation from the rest of the world and repeated a pledge to welcome foreign investment.