NEW YORK, July 26 -- The Chinese and U.S. business communities should have more direct contact to stave off trade tensions, and more rational voices on bilateral ties should be heard by the public, a business insider has said.
"It's essential to hold more direct exchanges between the countries' business groups, chambers of commerce and other professional organizations to remove some adverse impacts of (U.S.-China) trade frictions," Steven Gu, board treasurer of TN-China Network, told Xinhua in a recent interview.
TN-China Network is a Tennessee-based business organization that connects people across Tennessee and China to strengthen their business ties and enhance bilateral trade and investment.
"Such communications would promote mutual understanding and trust. Businesses of the two countries can also find some solutions through consultation," said Gu, who is also an experienced attorney and a certified public accountant.
He pointed out that the collateral damage from the U.S.-initiated trade disputes with China have gradually shown up on various fronts so far, especially among trade-sensitive companies and ranches in the United States.
Gu said some ranch owners with whom he had spoken have shifted their stance on Washington's trade policy toward China, recognizing their losses could not be compensated by the short-term U.S. government subsidies if the United States and China fail to reach an agreement on trade issues.
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