Ye Yaoyuan: China has no business community at all, and the US-China summit is just a show

U.S. President Trump and Chinese President Xi Jinping recently held a summit in the United States. Trump hosted a banquet for Xi Jinping on the evening of the 24th. Foreign media reported that no representatives from the Chinese business community participated in the event, and experts analyzed that the political situation is still in the stabilizing stage. In this regard, Ye Yaoyuan, chair professor of international studies at the University of St. Thomas in the United States, said that there were no representatives from the Chinese business community in attendance because China simply "doesn't have a business community" now, okay? The Communist Party has already incorporated everyone. Otherwise, if you ask Huawei’s boss, where is he now?

Ye Yaoyuan said in a Facebook post that there were no representatives from the Chinese business community in attendance because China now has "no business community" at all. The Communist Party has long since absorbed them all. Otherwise, where is the boss of Huawei now?

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Ye Yaoyuan pointed out that no matter how hard the United States and China talk, they will never achieve any substantive results on trade. On the one hand, they want China to be market-oriented and allow American capital and goods to flow in (but the Communist Party of China will lose control of society as a result of China's marketization); on the other hand, the United States wants the United States to impose tariffs so that Chinese products can be dumped in the United States and continue China's past economic growth to challenge the United States. How do you think such conflicting goals can be negotiated to achieve results?

Ye Yaoyuan said bluntly, what is political stability? But I will just put on a show and say that the United States and China are not at war, but the United States does not buy into anything China wants the United States to do. Anyway, China likes ostentation the most, so I will give you ostentation so that you can have face but not dignity.