Dewardric McNeal, Longview Global and CNBC contributor, joins CNBC's "Fast Money" to discuss U.S. CEOs gathering in Beijing for the China Development Forum.
President Donald Trump addresses the press from the Oval Office after announcing a phase one trade deal with China and what that means.
Mark Machin, CEO of Canada Pension Plan Investment Board, says the fund is a "substantial" investor in China's Alibaba. It is also watching the trend of the rising middle class in India and China, he says.
Sanjeev Gandhi, a BASF board member, says he expects the U.S. and China to find a solution to the trade conflict "soon." He also says that he hopes a resolution will bring things back to "business as usual" in BASF.
Graham Allison of the Harvard Kennedy School says a rising China will "inevitably" encroach on the ruling U.S. He also says the idea of U.S. and China being in something like a Cold War 2.0 doesn't "make sense."
Leif Johansson of AstraZeneca discusses global uncertainties including U.S.-China trade and Brexit. He says it is "wrong" to believe that there should be conflict between Beijing and Washington.
Soren Skou of A.P. Moller-Maersk says U.S.-China trade issues are the "biggest single risk" that can affect the company's shipping business.
Edmund Phelps of Columbia University says China seems to think that it has solved its problems, and its economy will see a return to "somewhat higher" growth rates. He also says China could "break loose" with a long wave of rapid innovation.
John Zhao of Hony Capital says globalization has created a lot of benefits and interdependence between economies will continue to be important in future.
Zhang Xin, CEO of Soho China, says it is a "really hard time" for Beijing to introduce a property tax because the country's economy is "soft."
A new round of trade talks between American and Chinese officials could help bring an end to the global trade war, former U.S. Treasury Secretary Jack Lew told CNBC on Monday, but resolving the remaining sticking points will be a rocky process.
Li Daokui of Tsinghua University says the U.S. should treat China with "due respect" in trade negotiations, and design a mechanism that will not perceived to be a “humiliation” to the country. Li is also a former member of the monetary policy committee at the People's Bank of China.
The U.S.-China trade war was caused by American President Donald Trump's "economic illiteracy," says Jeffrey Sachs of Columbia University. He says some American strategists believe that China must be stopped, and this is a "dangerous" mentality.