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US software engineer sees hope for improved China-US relations

China

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US software engineer sees hope for improved China-US relations

2025-01-26 17:17 Last Updated At:19:07

Despite rising tensions between the two nations, a U.S. software engineer is cautiously optimistic about the future of China-U.S. relations under President Donald Trump.

President Trump was sworn in on January 20 as the 47th president of the United States.

China Global Television Network (CGTN) spoke with Eric Chow, a US-based software engineer, who shared his thoughts on what the next four years may hold for China-US relations.

Chow is hopeful that the two nations can put aside their differences and work together to create a better world.

"I'm cautious because U.S.-China tension is at an all time high right now. However, I'm optimistic because if you look at the last time Donald Trump was in office, Donald Trump did visit President Xi Jinping in China. They also met in Japan. And as far as I can tell, they had great talks, and it seemed like their relationship was pretty good. So, to me this kind of signals that both countries are willing to work together to establish diplomatic relationships, be on friendly terms, and to be good economic trading partners with each other. So, I'm just cautiously optimistic about the next four years. I hope two of the world's superpowers can work together to make the world a better place," he said.

US software engineer sees hope for improved China-US relations

US software engineer sees hope for improved China-US relations

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 18 pips to 6.9025 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan weakens to 6.9025 against USD Friday

Chinese yuan weakens to 6.9025 against USD Friday

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