U.S.-China cooperation benefits world: Neil Bush

U.S.-China cooperation benefits both sides and the world at large, Neil Bush, son of former U.S. President George H.W. Bush, has said.

"Everything about America has grown and is better because of the relationship with China," Bush said here during the just-concluded 2019 Imperial Springs International Forum, adding that China has also benefited from what he called "the most important bilateral relationship."

"So the benefit has been win-win from our relationship," said Bush, also chairman of the George H.W. Bush Foundation for U.S.-China Relations.

FILE - Neil Bush (L), son of former US President George H.W. Bush, is introduced at an event commemorating the 40th anniversary of the establishment of diplomatic relations between the United States and China at the Great Hall of the People in Beijing on January 10, 2019. [Photo: AFP]

On the U.S.-initiated trade disputes with China, Bush said that he was "very optimistic" about the prospects of the bilateral ties.

"If you look at the history of the U.S.-China relationship over the past 40 years, every time there's a dip in the relationship, the United States and China end up having deeper dialogue," said Bush.

"We end up having negotiations and talks, and these talks inevitably lead to a stronger relationship coming out of the dip," he said.

Despite disagreements and different approaches on certain things, both sides agree on the majority of global challenges and must cooperate to address them, Bush said.

"There's a greater need now for collaboration than ever before, because human challenges are growing," he added.