China’s exports and imports collectively make up 40 percent of its total economic output, noted professor Yasheng Huang at a conference in May.
"I would argue that the US is stepping up its investments in science and technology and that the edge of China is likely to go down."
"There's now a renewed emphasis [in China] on economy, on commerce, and on attracting foreign direct investment."
"While there are calls for free speech and elections, the rallying cry since Sunday has been against a jarring oppression."
"Covid Zero produced an unintended consequence, which is putting a huge number of people in the same situation. This is a game changer."
"The data are pretty clear that openness promotes economic growth and technological development."
Prof. Yasheng Huang joins CBS News to discuss the significance of the Chinese leader's visit.
"Americans are buying more physical products as opposed to services, and many of these physical products are coming from China."
U.S. officials have declared they are watching China's actions closely. ... What matters is not what China says but what it does.
"The question is whether this relatively neutral stance by China could prove crucial to preventing further dangerous military escalation.”
