China’s Role in Global Prosperity and U.S.-China Trade Relations Emphasized by FedEx CEO

According to Rajesh Subramaniam, the CEO of FedEx Corp and chair of the U.S.-China Business Council, the economic growth of China is crucial for the prosperity of the global economy, making a stable trade relationship with the United States imperative. His comments reflect the increasing significance of dialogue amidst geopolitical uncertainty, as the council recognizes the achievements stemming from trade consultations between the U.S. and China.

This statement comes after a delegation from the USCBC visited Beijing, where representatives from major U.S. corporations, such as Apple, Boeing, and Goldman Sachs, aimed to strengthen commercial relations and promote a conducive environment for American businesses in China. The delegation's mission underscored the widespread consensus among international firms that view China as a key market due to its large consumer base, commitment to high-quality growth, and robust supply chain infrastructure.

In the context of diminishing global cross-border investment, many foreign businesses are now identifying China as a secure and lucrative destination for investment. The General Administration of Customs reported that the number of foreign-invested companies engaged in foreign trade in China hit 75,000 in the first half of 2025, marking the highest figure since 2021.

Subramaniam underscored the significance of China for the global competitiveness of U.S. businesses, with FedEx maintaining an extensive international presence through approximately 300 flights weekly to and from China. The company plans to invest in advanced supply chains utilizing digital innovations and data analytics. A mid-July report by the USCBC indicated that 82 percent of its member companies turned a profit in China, highlighting an improvement in the market's landscape.

Recent trade discussions between China and the U.S. in Stockholm led to an agreement to continue the suspension of certain reciprocal tariffs, offering a glimpse of cooperation moving forward. He Yadong, a spokesman for the Ministry of Commerce, expressed optimism about leveraging trade consultations for mutual benefits.

Furthermore, experts like Chen Jianwei and Gao Lingyun emphasize that China's ongoing reforms, including industrial upgrades and green transformations, are opening new long-term opportunities for foreign firms. These developments aim to stabilize supply chains and enhance cooperation in various sectors.

Nathan Stoner from Cummins Inc announced plans to launch new electric and electronic products in China, reflecting the strategic importance of collaboration as more Chinese carmakers expand into international markets. Together, these insights reveal the long-term potential for enhanced U.S.-China economic relations amidst evolving global challenges.