Former US Treasury Secretary Robert Rubin and Peking University professor Huang Yiping discussed tackling global economic imbalances and reaching a new equilibrium at the #BundSummit2026 in Shanghai yesterday. Rubin highlighted that the core imbalance stems from massive US fiscal deficits and under-consumption in China, noting that boosting domestic consumption serves China's own best interests. Huang emphasized that China must first re-balance its domestic economy, particularly by addressing the relationship between its trade surplus and the savings-investment gap.