Larry Summers, one of the world's best known economists, says rising inequality is one important challenge that Americans and Chinese share. He says more can be done through the G20, adding that predictability and good communication are key to an effective partnership.

Larry Summers is the next generation in a family that has made an unique contribution to economics, including two Nobel laureates. In this interview with James Chau, he speaks about that experience, and the absence of China on the world stage during his childhood before becoming the second largest economy today.

Larry Summers continues to shape public understanding after decades of important roles as an economist. Here, he speaks in a three-part video, about his view on today's world: the problems of imbalance, achieving international collaboration, and bringing the U.S. and China together at the front of that group.

We are proud to present a special interview with Larry Summers whose deep contribution to public service helps shape the way we live — as president of the World Bank, president of Harvard University, U.S. Treasury Secretary in the Clinton administration, and director of the National Economic Council under Barack Obama.

"In order for us to manage and prevent the rise of unforeseen threats, it is all the more imperative that we contain these threats through honest, forthcoming, and multilateral dialogue." Brian Wong, Rhodes Scholar at Balliol College of Oxford University, examines a U.S.-China future through the lens of cooperation.

Competition has come to characterize the relationship between the United States and China. The two powers are even at odds about how to redefine relations and how to control disputes. An Gang, a scholar with the prestigious Tsinghua University, suggests the two sides sit down for discussions before a new narrative acceptable to both and the world emerges.

China and the United States have announced a deal, to unify their leadership for the good of the planet. At COP26, envoys Xie Zhenhua and John Kerry — who worked together toward the Paris Agreement in 2015 — say they will create the frameworks and standards to breathe new life into global action. This is an expression of what the world's two largest economies can achieve for humanity — not only for the planet, but in addressing today's major challenges.

The trilateral relationship between the U.S., European Union, and China is finding its feet as priorities shift in a fragile global landscape. Solving debt burdens, addressing youth unemployment, and harmonizing development within the region will be important steps forward — while maintaining trade that relies on the Indo-Pacific area. Leonardo Dinic, advisor to the CroAsia Institute, speaks in this video.