BEIJING: Following the highly anticipated summit between President Xi Jinping and his US counterpart, Joe Biden, last week, there is growing optimism that increased communication, dialogue and consultation between the world's two largest economies will strengthen cooperation, align common interests and add much-needed certainty to the evolving global landscape.

Bilateral economic and trade cooperation, long seen as the stabilizing force and driving factor in China-US relations, is among the first to experience a thaw, as a series of dialogues and exchanges in this regard has sent a positive signal to both sides and the global economy.

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