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BEIJING (AP) — As the U.S. presidential campaign moves closer to a Donald Trump-Joe Biden rematch, China is watching uneasily. While Biden has looked for areas of cooperation with China, Beijing is concerned about his efforts to unite allies in the Indo-Pacific in a coalition against China. “For China, no matter who won the U.S. presidential election, they would be two ‘bowls of poison’,” said Zhao Minghao, a professor of international relations at Fudan University in Shanghai. When Biden and Trump squared off in 2020, U.S. intelligence agencies reported before the election that China viewed Trump as “unpredictable” and opposed his reelection. “Trump is by nature volatile and cruel and is a person hard to be familiar with,” said Shi Yinhong, international relations professor at Renmin University of China.

Persons: Donald Trump, Joe Biden, uneasily, Biden, It’s, hasn’t, ”, Zhao Minghao, Sun Chenghao, Trump, Chuan Jianguo, “ Trump, Sun Yun, Sun, Xi Jinping, Antony Blinken, Xi, Miles Yu, China's, ” Yu, Deng Xiaoping, Shi Yinhong, Shi, Wang Yiwei, ” Wang, ” Shi, ___ Tang, Yu Bing, Chen Wanqing, Eric Tucker Organizations: BEIJING, U.S, China, Trump, “, Fudan University, Center for International Security, Tsinghua University, Stimson Center, Hudson Institute, Communist Party, Renmin University of China, White, Institute of International Affairs, Associated Press Locations: China, Beijing, Taiwan, Shanghai, Asia, Pacific, Sun, Washington, Lago, Florida, City, United States, U.S

☆ Biden and Xi's meeting sent an important signal for U.S. business in China
▼ + stars: | 2023-11-22 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

U.S. President Joe Biden and Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation summit in Woodside, California, on Nov. 15, 2023. Kevin Lamarque | ReutersBEIJING — U.S. President Joe Biden's meeting with Chinese President Xi Jinping last week has set a bottom line in the relationship which reduces uncertainty for businesses, analysts said. In conversations with Xi, Biden did not budge on export controls, enacted out of national security concerns. Wedding versus marriageAfter meeting Biden, Xi spoke at a dinner with top U.S. business executives in which he said the fundamental question was whether the two countries are "adversaries or partners." No 'splashy deliverables'Long-standing issues for U.S. business operations in China remain, and deals aren't made overnight.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Joe Biden's, Biden, Xi, Wang Dong, Jake Colvin, Gabriel Wildau, interlocutors, Ian Bremmer, Gary Dvorchak, it's, Jin Canrong, Jin, aren't Organizations: Economic Cooperation, Reuters, Reuters BEIJING —, Institute for Global Cooperation, Peking University, D.C, Foreign Trade Council, Summit, U.S, Biden, Eurasia Group, Mastercard, Monday, People's Bank of, Blueshirt Group, School of International Studies, Renmin University of China, Center for American Studies, Max, Boeing Locations: Filoli, Asia, Woodside , California, Reuters BEIJING, Reuters BEIJING — U.S, San Francisco, U.S, China, United States, Washington, Beijing, People's Bank of China, Taiwan

☆ Mideast in Focus as US, China Meet to Pave Way for Biden-Xi Summit
▼ + stars: | 2023-10-26 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +6 min

But whether Beijing will use it remains to be seen and experts say China may instead watch from the sidelines for a while longer. Blinken, during a whirlwind Middle East trip last week, spoke by phone to Wang and asked him to use Beijing's clout to ensure the conflict does not widen. On Wednesday, Xi said whether Washington and Beijing could establish the "right" way of getting along and managing their differences would be crucial to the world. U.S. and Chinese officials held a virtual meeting on Monday on macroeconomic developments, talks the U.S. called "productive and substantive" and China called "in-depth, frank and constructive." U.S. officials said Taiwan and the South and East China Seas, where they accused Beijing of "destabilizing and dangerous actions" against rival territorial claimants, would also be on the agenda.

Persons: Humeyra Pamuk, David Brunnstrom, Laurie Chen WASHINGTON, Wang Yi, Joe Biden, Xi, Biden, Antony Blinken, Wang, Jon Alterman, WANG, BIDEN Shi Yinhong, Shi, Israel, Zhang Jun, Wang's, Blinken, Jake Sullivan, Xi's, Yun Sun, Washington, Laurie Chen, Trevor Hunnicutt, Josie Kao Organizations: State Department, . Security, Washington's Center, Strategic, International Studies, Renmin University of China, Reuters, White, PATH, BIDEN, Asia Pacific Economic Cooperation, China, Washington's, APEC, East China Seas, China's Global Times Locations: BEIJING, Washington, China, Beijing, Iran, Israel, Taiwan, South, U.S, Gaza, Asia, San Francisco, Bali, China . U.S, East

Persons: Wang Yi, Joe Biden, Xi, Biden, Antony Blinken, Wang, Jon Alterman, WANG, BIDEN Shi Yinhong, Shi, Israel, Zhang Jun, Wang's, Blinken, Jake Sullivan, Xi's, Yun Sun, Washington, Humeyra Pamuk, David Brunnstrom, Laurie Chen, Trevor Hunnicutt, Josie Kao Organizations: State Department, . Security, Washington's Center, Strategic, International Studies, Renmin University of China, Reuters, White, PATH, BIDEN, Asia Pacific Economic Cooperation, China, Washington's, APEC, East China Seas, China's Global Times, Thomson Locations: WASHINGTON, BEIJING, Washington, China, Beijing, Iran, Israel, Taiwan, South, U.S, Gaza, Asia, San Francisco, Bali, China . U.S, East

Then came the Hamas attack against Israel, which has made Netanyahu’s late October trip uncertain and put Beijing's Middle East approach to the test. China’s stated neutrality on the war has upset Israel, but Beijing may gain in the long run by forging closer ties with Arab countries, experts said. “For a while at least, Beijing’s Middle East policy is paralyzed by the war,” said Shi Yinhong, professor of international relations at Beijing-based Renmin University of China. “China’s engagement in the Middle East is set to increase during this conflict. Because we need to be the bridge.”But China's proposals to end the war have been seen as benefiting Russia.

Persons: Xi Jinping, Benjamin Netanyahu, China’s, Israel, ”, Shi Yinhong, hasn't, Zhai Jun, Zhai, ” Wang Yi, ” Wang, Antony Blinken, Wang, Maria Papageorgiou, Mohammad Eslami, “, Tuvia, ” Gering, Wang Yiwei, Dale Aluf, China's, Aluf, Yaqiu Wang, Ken Moritsugu, Wanqing Chen, Matthew Lee Organizations: WASHINGTON, —, Renmin University of China, State Department, Hezbollah, University of Exeter, University Minho, Israel, China Policy Center, Institute for National Security, Kremlin, Renmin University, Israel Global Network, Freedom, Associated Press, AP Locations: Beijing, China, Israel, U.S, Iran, Tel Aviv, Palestine, Ukraine, Xinjiang, Xi, Saudi Arabia, United States, Russia, Hong Kong, Taiwan, Communist, Riyadh

☆ U.S. senators led by Majority Leader Schumer make first congressional visit to China since 2019
▼ + stars: | 2023-10-07 | by ( ) www.cnbc.com time to read: +3 min

Senator Mike Crapo (R-ID) and other members of the delegation arrive at Shanghai Pudong International Airport in Shanghai, China, on Oct. 7, 2023. A delegation of U.S. lawmakers led by Senate Majority Leader Chuck Schumer arrived in China on Saturday in the first congressional visit to the country since 2019. Asked about his expectations for the visit, Schumer, a New York Democrat, said he hoped it would be productive. The U.S. Commerce Department added the Chinese companies and seven others to its entity list on Friday. A Chinese international relations expert said that Schumer's visit is a sign of improvement in China-U.S. relations.

Persons: Chuck Schumer, Mike Crapo, Joe Biden, Xi Jinping, Idaho Sen, Schumer, Biden, Xi, Wang Yiwei, Karine Jean, Pierre Organizations: International, U.S, Senate, Republicans, Idaho, Senate Finance, New, New York Democrat, U.S . Congress, U.S . Commerce Department, Ukraine, Biden, Economic Cooperation, Institute of International Affairs, Renmin University of China, White House Press Locations: U.S, Shanghai, China, New York, Beijing, Russia, Asia, San Francisco, South Korea, Japan

SHANGHAI (AP) — A delegation of U.S. lawmakers led by Senate Majority Leader Chuck Schumer arrived in China on Saturday in the first congressional visit to the country since 2019. The Republicans were led by Idaho Sen. Mike Crapo, the senior member of his party on the Senate Finance Committee. A smooth visit could help pave the way for a Biden-Xi summit during the Asia-Pacific Economic Cooperation leaders meeting in San Francisco next month. A Chinese international relations expert said that Schumer's visit is a sign of improvement in China-U.S. relations. The senators will go to South Korea and Japan after their stop in China.

Persons: Chuck Schumer, Joe Biden, Xi Jinping, Idaho Sen, Mike Crapo, Schumer, Biden, Xi, ”, Wang Yiwei, Karine Jean, Pierre Organizations: SHANGHAI, —, U.S, Senate, Republicans, Idaho, Senate Finance, New, New York Democrat, U.S . Congress, Biden, Economic Cooperation, Institute of International Affairs, Renmin University of China, White House Press Locations: China, Shanghai, New York, Beijing, U.S, Asia, San Francisco, South Korea, Japan

☆ EU needs to protect China's investments, says former diplomat at the Chinese Mission to the EU
▼ + stars: | 2023-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU needs to protect China's investments, says former diplomat at the Chinese Mission to the EUWang Yiwei, director at the Center for European Studies at Renmin University of China and former diplomat at the Chinese Mission to the European Union, discusses Europe's investigation into Chinese electric vehicle subsidies.

Persons: Wang Yiwei Organizations: Center for European Studies, Renmin University of China, European Union

☆ China can't just rely on boosting births to address aging population issues, Renmin University professor says
▼ + stars: | 2023-09-13 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — China can't just rely on increasing childbirths to address its aging population issues, said Du Peng, vice principal of Renmin University of China. Du is director of the university's Institute of Gerontology, which means relating to the elderly. China's population growth has slowed as births drop and lifespans increase. In the last ten years, Beijing has started to unwind strict policies that for about three decades had limited households to one child each. High education and housing costs, especially in the big cities where more jobs are located, has also discouraged households from having children.

Persons: Du Peng, Du Organizations: Renmin University of China, university's Institute of Gerontology, China's Ministry of Civil Affairs Locations: BEIJING, China, Beijing

Government policymakers struggling to address the problem are now leaning on colleges to do more to find jobs for graduates. The job performance of school administrators was already tied to the percentage of their students who find employment after graduation. In some cases, the scrutiny is so intense that students resort to fabricating job offers to placate school officials. Over the last three decades, as China’s economy grew by leaps and bounds, more people attended college, seeing it as a pathway to promising careers. This year’s estimated graduating class of 11.6 million students is expected to be the largest ever, and future classes are expected to be even bigger.

Organizations: National Bureau of Statistics, China Macroeconomy, Renmin University of China Locations: China

☆ Pan Gongsheng: China's new central bank governor faces daunting tasks
▼ + stars: | 2023-07-26 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —China has a new central bank governor. He replaced Yi Gang, who took office in March 2018, when China’s longest-serving central banker Zhou Xiaochuan stepped down after a 15-year tenure. He was previously a deputy governor of the PBOC and has served as head of China’s foreign exchange regulator since 2016, managing currency reserves worth $3.18 trillion. In China’s political system, the Communist Party boss is usually the top official in the relevant organization, be it a level of government or a public institution. In March, Beijing created a powerful financial watchdog run by the Communist Party, named the Central Financial Commission, as part of a broad reform of governing bodies to strengthen the party’s oversight of economic affairs.

Persons: Pan Gongsheng, Yi Gang, Zhou Xiaochuan, Xi Jinping, Xi, ”, Ken Cheung, Zhou Organizations: Hong Kong CNN, People’s Bank of China, Communist Party, Renmin University of China, Cambridge University, Harvard University, Xinhua, Mizuho Bank, Central Financial Commission, Financial Regulatory Locations: Hong Kong, China, Beijing

Pan Gongsheng was appointed Saturday as the new Communist Party chief at the People’s Bank of China (PBOC), in a surprise move as Beijing bolsters its drive to arrest the country’s economic slowdown and stem a slide in its currency. Pan currently serves as the deputy governor of the PBOC. “My initial reaction is this suggests Xi [Jinping] is more concerned about China’s economy than before the 20th Party Congress,” Thomas said. Since then, he has spent nearly two decades working at large state-owned banks, including the Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China (ABC). After returning to China, he was promoted to deputy governor at the PBOC in 2012.

Persons: Yi Gang, Pan Gongsheng, Janet Yellen, Pan, Yi, didn’t, Guo Shuqing, Neil Thomas, wasn’t, ” Thomas, Xi, Mao, Thomas, China’s, Biden, ” Organizations: Beijing CNN, Cambridge University, Harvard University, Communist Party, People’s Bank of China, Securities Times, CNN, Ant, Asia Society, Center for, Communist Party’s, Committee, 20th Party Congress, Wall Street Journal, Treasury Department, Renmin University of China, Industrial, Commercial Bank of China, Agricultural Bank of China, ABC, Harvard University’s Kennedy School of Government, State Administration of Foreign Exchange, Beijing, P Global, PMI Locations: Hong Kong, Beijing, China, Shanghai, Center for China, United States, West

China became Germany's single biggest trade partner in 2016 and is a core market for top German companies including Volkswagen (VOWG_p.DE), BASF (BASFn.DE) and BMW (BMWG.DE). "They know German companies will run up direct channels to the chancellery," said Andrew Small, a senior fellow at the German Marshall Fund's Asia program. The talks come after Antony Blinken on Sunday became the first U.S. secretary of state to visit China in five years, stressing the importance of keeping open lines of communication to reduce the risk of miscalculation. The Chinese delegation will meet with some of those CEOs on Monday, according to people familiar with the plans. The Chinese delegation will head to Paris for an official visit and to attend a financial conference on June 22 to 23.

Persons: Olaf Scholz, Fabrizio Bensch, China Scholz, Scholz, Li Qiang, Li, Wang Yiwei, Andrew Small, Marshall, Mikko Huotari, Antony Blinken, Sarah Marsh, Andreas Rinke, Laurie Chen, John Geddie, Giles Elgood Organizations: REUTERS, Volkswagen, BASF, BMW, Centre, European Studies, Renmin University of China, Greens and Free Democrats, Social Democrats, Analysts, Mercator Institute for China Studies, Sunday, Thomson Locations: Berlin, Germany, China, Beijing, Munich BERLIN, Europe, European Union, Asia, Munich, Bavaria, Paris

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