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Search resuls for: "Nancy Pelosi's Taiwan"


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US President Joe Biden greets Chinese President Xi Jinping before a meeting during the Asia-Pacific Economic Cooperation (APEC) Leaders' week in Woodside, California on November 15, 2023. China's President Xi Jinping and U.S. President Joe Biden will strive to keep a lid on tensions between the world's top two economies next year, as they focus on domestic challenges. The two leaders met last week on the sidelines of the Asia Pacific Economic Cooperation leaders' meeting in San Francisco after the global rivalry between the world powers came to a head earlier this year. Their first meeting in a year capped months of diplomatic work aimed at normalizing their shaky bilateral relationship derailed by a suspected spy balloon over continental U.S. early 2023 and ex-House Speaker Nancy Pelosi's Taiwan visit in August 2022. "You'll see in coming months, the U.S. and China are trying to put a ceiling on their tensions for very pragmatic and domestic reasons," Steve Wilford, partner and Asia Pacific head of global risk analysis at Control Risks, told CNBC Monday.
Persons: Joe Biden, Xi Jinping, Nancy Pelosi's, Steve Wilford Organizations: Economic Cooperation, APEC, China's, Asia Pacific Economic Cooperation, Asia Pacific, CNBC Locations: Asia, Woodside , California, San Francisco, Nancy Pelosi's Taiwan, U.S, China
The United States and China need to reopen dialogue over the Taiwan issue — but such a conversation should take place discreetly, an analyst said. Cross-strait tensions between China and Taiwan have become "increasingly dangerous" ever since U.S. House Speaker Nancy Pelosi's Taiwan visit in early August, he added. On top of that, China announced in the same month that it had shelved military and climate talks with the United States. Taiwan is a self-ruled democracy, but Beijing considers the island part of its territory and a breakaway province. "The Chinese have pulled down the dialogue in the aftermath of Pelosi's visit.
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