US-China economic ties can be balanced with win-win solution

WASHINGTON - US-China economic relations will be more balanced and mutually beneficial as long as both sides intend to create a win-win solution, Dominic Ng, chairman and CEO of East West Bank, told Xinhua in a recent interview.

The inaugural China-US Comprehensive Economic Dialogue, or CED, concluded last week in Washington DC, after top economic officials from both sides exchanged candid and in-depth views on issues like trade, investment and market access.

"The US and China have been trade partners for a long time, and this engagement stabilizes and strengthens their relationship. After 30 years of rapid expansion, US-China economic and trade relations have expanded from simply goods to every aspect of the economy," said Ng, the head of a US bank with total assets of around $35 billion.