Experts say they welcome the evolving U.S. stance on "coexistence" with China after American trade representative Katherine Tai used the phrase "durable coexistence" to describe economic relations between the two countries in a speech this week.

"The Biden administration has come to understand the U.S.-China comprehensive, mutually beneficial relationship, especially in the field of commercial relationships," said Wang Yong, director of the Center for International Political Economy at Peking University.

"I think coexistence at least means that the two sides are not trying to replace each other," said Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics. Read more>>