Chinese representatives at the Centre for World Economy at UKSW

At the end of March 2025, we welcomed a delegation from the People’s Republic of China, consisting of Prof. Jiuping Xu, Yang Dongsheng, Wang Tiangang, Shen Wei, Li Yong and Peng Buyou, to the Centre for World Economy at Cardinal Stefan Wyszyński University in Warsaw.

The United States and China have had trade relations and increasingly deep economic ties since 1784. Despite trade wars, which are not a 21st-century invention but have always existed and will continue to exist, China and the US together account for 48% of global production and approximately 43% of GDP. In March 2025, during the China Development Forum, the chairman of the National Committee on United States-China Relations (NCUSCR) confirmed that cooperation between the US and China in the field of artificial intelligence is essential. There will be no confrontation, but there will be a dilemma of negotiations/trade wars, as well as the PBOC’s dilemma of whether to continue to maintain the USD as a reserve currency or to set a new level of Chinese investment in the US.

Whether President Trump will invite President Xi to Mar-a-Lago and reset mutual relations there cannot be ruled out. Germany, France and Japan are pursuing a strategy of diversifying trade and investment between the US and China. What will Poland do? Perhaps it will focus on the economy…