by Xinhua writer Liu Yanan
NEW YORK, May 28 (Xinhua) -- China and the United States can have economic cooperation and collaboration on multiple fronts, and there is no objective reason for antagonisms to exist between the two countries, a U.S. economist has said.
As the world's two largest economies, both nations can benefit from increased trade and the exchange of ideas, said Lawrence Freeman, a U.S.-based physical economist, in a recent interview with Xinhua.
"If the United States partners with China, which there is no reason not to, the rest of the world will react positively," Freeman told Xinhua.
He noted that China's Belt and Road Initiative has been a vital source to African and other nations in providing vital infrastructure.
The world needs physical, not monetary, economic growth to end poverty and hunger, which are the primary causes of instability, the economist said.
Stability and peace can be achieved by improving the living conditions of all nations and all people, he added.
Freeman also spoke highly of China's "win-win" approach to foreign policy and criticized the harmful "zero-sum game" approach.
"Each nation benefits from the growth and development of other nations. The more nations that are industrialized, the more their economies will require capital goods produced in other nations," he said.
China's prowess in manufacturing could also serve cooperation between the two nations, Freeman said.
"China has become a model of how to achieve manufacturing and industrial growth, which should be emulated by the United States instead of being maligned," he added. ■
