The new deal between China and the US comes as economists, entrepreneurs and investors meet in Beijing for the China and Globalization forum. Experts there weighed in on the developments.

DONE LONG YONGTU, CHAIRMAN CENTER FOR CHINA & GLOBALIZATION "With the guidance of the leaders of China and the United States, the delegations of the two countries have made some preliminary agreements and reached positive and pragmatic achievements. It proves that the two countries are fully capable of handling economic affairs and trade frictions. The view that the trade frictions between Beijing and Washington have shaken their strategic relationship and a new great power relationship is untenable."