In Hong Kong, Beijing’s continued pressure on the territory’s civil liberties will also continue into 2022, as more and more pro-democracy activists are incarcerated under a national security law that was put in place in 2020. The Chinese government expels atfx review at least thirteen journalists from three U.S. newspapers—the New York Times, Wall Street Journal, and Washington Post—whose press credentials are set to expire in 2020. Beijing also demands that those outlets, as well as TIME and Voice of America, share information with the government about their operations in China. The Chinese Foreign Ministry says the moves are in response to the U.S. government’s decision earlier in the year to limit the number of Chinese journalists from five state-run media outlets in the United States to 100, down from 160, and designate those outlets as foreign missions. In November 2021, Washington and Beijing agree to ease restrictions on journalists working in each other’s countries.
China Brief: What Will Trump’s Tariffs Mean for Beijing?
At the same time, it also stated that China “will never hesitate to defend our legitimate rights and interests, let alone sacrificing the nation’s core interests”. Blinken’s upcoming visit has raised hopes of a “thaw” in US-China relations, but US officials have emphasized that they do not expect a major breakthrough. Chinese state media has reported that US Secretary of State Antony Blinken met with President Xi Jinping in Beijing on Monday. The meeting is part of Blinken’s long-awaited trip to China that was postponed in February due to a diplomatic spat. Both sides agreed to maintain high-level exchanges and communications on important issues “at all levels in the economic field”, which was a major outcome of the meeting between President Biden and President Xi in Bali in November 2022.
U.S. Designates China’s Abuses of Uyghurs as Genocide
If the meeting goes ahead as planned, it will be the first face-to-face meeting between the two leaders since November 2022, when they met on the sidelines of the G20 Summit in Bali, Indonesia. At the opening ceremony of the US pavilion at the CIIE, the US Ambassador to China Nicholas Burns called for more bilateral trade between the US and China, and stated that he is “not in favor of decoupling these two economies”. The importance of the Chinese market to US agriculture makes it traders trust overview a pragmatic entry point to improving US-China relations and trade ties. The conclusion of the meetings coincided with the release by the MEE of a Methane Emissions Control Action Plan, a potential move to lay the groundwork for further discussions on methane reduction at COP28. A spokesperson for the Chinese Ministry of Foreign Affairs (MFA) has confirmed in a brief statement that President Xi Jinping will attend the APEC Summit in San Francisco from November 14 to 17, during which he will hold a meeting with President Joe Biden. He will also attend the 30th APEC Economic Leaders’ Informal Dialogue, which will take place on November 16.
Normalized Trade Relations
The Chinese also stated that the US “needs to take seriously China’s concerns and do more things that contribute to the growth of the military-to-military relationship.” The Chinese side also emphasized its position on Taiwan and its interests in the South China Sea. Senior US and Chinese defense officials met for the 2024 US-PRC Defense Policy Coordination Talks, held from January 8 to 9, 2024 at the Pentagon. Chinese Foreign Minister Wang Yi and US National Security Advisor Jake Sullivan have met in Bangkok, Thailand for bilateral talks. The meeting sets the stage for a planned phone call between President Xi Jinping and President Joe Biden alpari forex broker review “at some point in the coming months”, per a background press briefing from the White House. US Secretary of the Treasury Janet Yellen announced two new initiatives following meetings with Chinese Vice Premier He Lifeng in Guangzhou on April 5 and 6. The Biden administration has called on the US Trade Representative (USTR) to investigate what it calls “China’s unfair shipbuilding practices” and consider tripling tariffs on Chinese steel and aluminum imports from the current average rate of 7.5 percent.
U.S. policymakers are increasingly worried about Chinese efforts to spread disinformation and collect sensitive information on Americans. Wary of espionage, Washington has raised concerns that U.S. companies that use Chinese technology could be putting U.S. national security at risk. U.S. officials also fear that China’s acquisition of sensitive U.S. technology will bolster China’s military. They have repeatedly accused Beijing of stealing IP and requiring American companies to share their technologies as a condition of doing business in China, known as forced technology transfer. China began a decades-long process of economic reform in the late 1970s under the leadership of Deng Xiaoping.
- The foreign minister was set to receive the US Secretary of State Antony Blinken in February, but the trip was canceled following fallout from the so-called “balloon incident”.
- Additionally, senators, the Biden Administration may come under pressure from younger voters to abandon backing the bill.
- Defense Secretary Lloyd Austin resumes dialogue with China’s Minister of National Defense, Admiral Dong Jun, for the first time since November 2022.
- Director of National Intelligence John Ratcliffe calls China “the greatest threat to America today,” while the Commerce Department adds dozens of Chinese companies, including the country’s biggest chipmaker, Semiconductor Manufacturing International Corporation (SMIC), to its trade blacklist.
- Mr Xi stressed that Washington’s support of Taiwan and pursuit of sanctions against China was «not ‘risk reduction’ but risk creation», the summary says.
In recent months, Japan and the Netherlands have joined the United States in tightening exports of advanced semiconductor manufacturing equipment, citing security reasons. The restrictions impact companies such as Nvidia (NVDA), which has been forced to adjust its shipments of high-end chips to China and pointed to a potential “permanent loss of opportunities” in the long run. As relations have deteriorated in recent months, US officials have pointed to the need to “de-risk” from China, which refers to reducing exposure to Chinese markets and suppliers, without cutting ties entirely. The Biden administration is extending tariff exclusions on about 99 categories of medical products from China until September 30, 2021 – to aid the fight against COVID-19, according to the notice released by the Office of the United State Trade Representative (USTR). The seven entities are Tianjin Phytium Information Technology, Shanghai High-Performance Integrated Circuit Design Center, Sunway Microelectronics, the National Supercomputing Center Jinan, the National Supercomputing Center Shenzhen, the National Supercomputing Center Wuxi, and the National Supercomputing Center Zhengzhou.
These meetings may also lay the groundwork for potential meetings between President Biden and President Xi, which could take place at the Asia-Pacific Economic Cooperation summit in San Francisco in November, a year after their last meeting in Bali. In a statement responding to the news, China’s Ministry of Commerce called the move a “typical act of economic coercion and unilateral bullying” and called on the US to “immediately correct its wrong practices and stop its unreasonable suppression of Chinese companies”. According to the statement, “These entities supplied Russian consignees connected to the Russian defense sector with US-origin integrated circuits”. The statement says that Russia relies upon these components for precision guidance systems in the missiles and drones used in the Russia-Ukraine war. The US and China have agreed to ramp up cooperation on climate action, following meetings last week between climate envoys Xie Zhenhua and John Kerry in California.
Beijing calls the move “bullying,” and TikTok is suing the U.S. government, arguing that the forced sale is not feasible and violates the First Amendment. After months of Chinese officials warning the United States against boosting ties with Taiwan, U.S. House Speaker Nancy Pelosi visits Taipei in a trip she says is to demonstrate U.S. support for the island. The trip leads Beijing to suspend U.S.-China climate talks, cut off some high-level military communication channels, and sanction Pelosi.
Biden and Xi Hold Talks Following APEC Summit
In June, the US House of Representatives passed the National Defense Authorization Act for the year 2025 (FY25 NDAA), which includes the Countering CCP Drones Act. Among other things, this Act will require the inclusion of telecommunications and video surveillance equipment or services produced by the Chinese drone company DJI on a list of communications equipment or services that are “unacceptable risk to U.S. national security”. This would prohibit the use of federal funding to purchase or maintain any of the listed DJI equipment or services.