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REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsWASHINGTON, Sept 6 (Reuters) - The office of U.S. Trade Representative Katherine Tai on Wednesday further extended China "Section 301" tariff exclusions on 352 Chinese import and 77 COVID-19-related categories till Dec. 31 that were set to expire on Sept. 30. THE TAKEThe import tariff exclusions include industrial components such as pumps and electric motors, some car parts and chemicals, bicycles and vacuum cleaners. The COVID-related exclusions include medical products like face masks, examination gloves and hand sanitizing wipes. * The Trump administration had used Section 301 of the Trade Act of 1974, a statute aimed at combating trade partners' unfair practices, to launch the China tariffs. * China last week urged Chinese companies investing in the U.S. to be given "equal treatment" and called U.S. 301 tariffs on Chinese imports "discriminatory," when Raimondo visited Beijing.
Persons: Katherine Tai, Gina Raimondo, Rebecca Cook, Donald Trump, Trump, Raimondo, Kanishka Singh, Jonathan Oatis, Josie Kao Organizations: . Trade, U.S . Commerce, Detroit , Michigan U.S, REUTERS, Rights, . U.S . Commerce, U.S, misappropriating, Trade, Thomson Locations: U.S, Detroit , Michigan, China, ., misappropriating U.S, Beijing, Taiwan, Washington
CNN —This might have been an opportunity for world leaders to bridge a host of chasms that are opening up, as G20 conferences have in the past. Yet this will be the first G20 that Xi has skipped in the decade he’s served as China’s president. The hope is that, without distractions from the presence of Xi and Putin, the G20 will be able to focus more directly on just such urgent issues. Certainly, it removes an opportunity to pressure Xi into restraining shipment of technology and equipment to Russia that could help its war in Ukraine. So, this G20 — uniquely absent Xi and Putin — is an important opportunity to showcase China’s failings, confirm Russia’s status as a pariah and ratify America’s place as a global leader.
Persons: David A, David Andelman, Vladimir Putin, Sergey Lavrov, Xi, Li Qiang, Putin, Narendra Modi, , Joe Biden, Antony Blinken, he’s, Blinken, Biden, Lavrov, , , , there’s, Michele Spatari, Biden’s, Putin — Organizations: CNN, French Legion of, The New York Times, CBS News, David Andelman CNN, International Criminal Court, ICC, America, NBC, Putin, Indian, Sunday, Asia Pacific Economic Cooperation, United, Twitter, Facebook, Biden Locations: New Delhi, India, Bali , Indonesia, China, Washington, Johannesburg, South Africa, Arunachal Pradesh, Beijing, ” China, San Francisco, Russian, AFP, Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, United Arab Emirates, Russia, Africa, Ukraine, Vietnam, Asia, American, Southeast Asia, America
President of China Xi Jinping attends the plenary session during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa on August 23, 2023. GIANLUIGI GUERCIA/Pool via REUTERS/File Photo Acquire Licensing RightsNEW DELHI/BEIJING, Aug 31 (Reuters) - Chinese President Xi Jinping is likely to skip a summit of G20 leaders in India next week, sources familiar with the matter in India and China told Reuters. Xi last met Biden on the sidelines of the G20 summit in Bali, Indonesia last November. In China, two foreign diplomats and a government official from another G20 country said that Xi will likely not be travelling for the summit. Another upcoming summit mooted for face-to-face talks between the two leaders is an Asia-Pacific Economic Cooperation Leaders Meeting in San Francisco on Nov. 12-18.
Persons: China Xi Jinping, GIANLUIGI, Xi Jinping, Premier Li Qiang, Li, Xi, Joe Biden, Biden, Vladimir Putin, Sergei Lavrov, Gina Raimondo, Narendra Modi, Krishn Kaushik, Laurie Chen, Martin Quin Pollard, YP Rajesh, John Geddie, Raju Gopalakrishnan Organizations: Reuters, Premier, Kyodo, U.S, India, Economic Cooperation, Indian, YP, Thomson Locations: China, Sandton, Johannesburg, South Africa, DELHI, BEIJING, India, Beijing, New Delhi, East, Jakarta, Indonesia, Bali, Asia, San Francisco, Brazil, Russia, Moscow, Ukraine
U.S. Trade Representative Katherine Tai addresses the media during the Indo-Pacific Economic Framework meeting in Detroit, Michigan U.S. May 27, 2023. Tai's intervention comes amid worries the licensing regime could impact shipments from the likes of Apple (AAPL.O) and Dell (DELL.N) and force firms to boost local manufacturing. Tai was in India to join the G20 trade ministers' meeting last week in the western state of Rajasthan. India's new licensing regime, which is due to come into effect on November 1, aims to "ensure trusted hardware and systems" enter the nation. It also seeks to reduce dependence on imports, boost local manufacturing, and in part address the country's trade imbalance with China, according to an Indian government official.
Persons: Katherine Tai, Rebecca Cook, Tai, Piyush Goyal, Shivangi Acharya, Sharon Singleton Organizations: Trade, Detroit , Michigan U.S, REUTERS, DELHI, Apple, Dell, India's Trade, World Trade Organisation, Thomson Locations: Detroit , Michigan, India, Rajasthan, China, U.S, New Delhi
Biden says he plans to travel to Vietnam ‘shortly’
  + stars: | 2023-08-08 | by ( Donald Judd | ) edition.cnn.com   time to read: +1 min
CNN —President Joe Biden on Tuesday said that he plans to soon visit Vietnam in an effort “to change our relationship,” with the Southeast Asian nation. “I’m going to be going to Vietnam shortly, because Vietnam wants to change our relationship and become a partner,” he said, according to press pool reports from a campaign reception. Biden’s off-camera remarks in Albuquerque, New Mexico, come as his administration is seeking to counter China’s influence in the Indo-Pacific region. The White House declined to comment Wednesday, telling CNN the administration has “nothing to speak to today.”“On Vietnam, I don’t have any travel details to speak to today,” White House National Security Council Coordinator for Strategic Communications John Kirby told CNN’s Kevin Liptak during a virtual gaggle Wednesday. The announcement had marked one of the centerpieces of Biden’s visit to the continent.
Persons: Joe Biden, “ I’m, , Strategic Communications John Kirby, CNN’s Kevin Liptak, , Biden Organizations: CNN, National Security, Strategic Communications, Economic Locations: Vietnam, Albuquerque , New Mexico, Australia, Brunei, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, Tokyo
REUTERS/Mike Blake/File PhotoWASHINGTON, Aug 3 (Reuters) - The United States should extend electric vehicle tax credit benefits to Vietnam if it wants to encourage a landmark investment from the country in U.S.-based manufacturing, the head of the main U.S. business lobby for Southeast Asia said. Rules included in the U.S. Inflation Reduction Act (IRA) aimed at reducing U.S. dependence on Chinese EV battery supply chains currently only benefit countries that have free trade agreements with Washington - a list that excludes Vietnam. VinFast responded to President Joe Biden's call for electric vehicles to be manufactured in the United States, Osius told Reuters in an interview on Thursday, "Now they will have some asks. They will want to be part of the EV supply chain and they won't want to be discriminated against in favor of other EV producers." The United States signed a deal in March with Japan on critical minerals that ensures Japanese cars will benefit from the tax credit.
Persons: Mike Blake, Ted Osius, VinFast, Joe Biden's, Osius, EVs, Biden, Donald Trump, David Brunnstrom, Simon Lewis, David Shepardson, Don Durfee, Diane Craft Organizations: Los Angeles Auto, REUTERS, EV, Washington, VinFast, U.S, U.S ., ASEAN Business Council, Reuters, United, EU, Economic, Thomson Locations: Los Angeles , California, U.S, United States, Vietnam, Southeast Asia, North Carolina, Japan, Britain, New Delhi, China, Washington, Indonesia, Asia, Pacific
China's application, by far the biggest economy, is next in line if they are dealt with in the order they were received, although that is not a given. The free trade agreement has its roots in the U.S.-backed Trans-Pacific Partnership, developed in part to counter China's growing economic dominance. I think that is completely wrong," Tim Groser, a former New Zealand trade minister and chief trade negotiator said. For CPTPP members, China's application is not the only political dilemma. Taiwan is also seeking to join the pact, in a move opposed by China that member trade negotiators remain unsure about.
Persons: Chris Hipkins, Shigeyuki Goto, Damien O’Connor, Trade Kemi, Damien O'Connor, Donald Trump, Henry Gao, couldn't, Tim Groser, CPTPP, Graham Zebedee, Britain's, New Zealand Wang Xiaolong, Hopes, Wang Huiyao, Antony Blinken, Natalie Black, Lucy Craymer, Joe Cash, Jamie Freed Organizations: New Zealand, Economic, New, Trade, Export, State, Business, Malaysian, Beijing, Pacific, New Zealand's Trade, Pacific Partnership, Communist Party, Singapore Management University, Ministry of Foreign Affairs, World Trade Organization, Australia, Center for, Political, Comprehensive Economic, U.S, Asia Pacific, Thomson Locations: British, Trade Kemi Badenoch, Taiwan, AUCKLAND, BEIJING, China, Pacific, Britain, Auckland, Ukraine, Costa Rica, Uruguay, Ecuador, U.S, Japan, Australia, Canada, Beijing, New Zealand, SOEs, Mexico, Center for China, Wellington, Asia
Hong Kong Chief Executive John Lee, who faces sanctions in the U.S., will not be invited to San Francisco during November's Asia-Pacific Economic Cooperation summit. The U.S. is set to host this year's gathering of leaders of APEC, of which Hong Kong is a member. Hong Kong's top official John Lee was placed under U.S. sanctions in 2020 because of his role in implementing what Washington deems a "draconian" Hong Kong national security law when he was the city's security secretary. A State Department spokesperson, asked about the decision, said the participation of all delegations in APEC events will be "in accordance with U.S. laws and regulations and on the basis of the spirit and principles of APEC." "We will work with Hong Kong, China to ensure appropriate participation in San Francisco," the spokesperson said, adding without giving details that U.S. President Joe Biden had begun sending invitations for the event.
Persons: John Lee, Hong, Hong Kong's, Marco Rubio, Lee, Rubio, Hong Kongers, " Rubio, Joe Biden, Liu Pengyu, Biden, Xi Jinping Organizations: San, Economic Cooperation, APEC, Washington, Hong, Reuters, Republican, U.S . State Department, U.S, The Washington, State Department, U.S . Treasury Department, China's Locations: Hong Kong, U.S, San Francisco, November's Asia, United States, China, Washington
Beijing views Washington as bent on suppressing its development and global rise, while Washington has proclaimed the need to protect its national security and the world order from an increasingly authoritarian and assertive China. Washington last year imposed sweeping curbs on exports of critical technology to China in the name of security, and Beijing has responded with export controls of its own. China has refused US overtures to restore those ties, apparently until Washington removes sanctions against its defense minister Li Shangfu. US climate envoy John Kerry during a meeting with top Chinese diplomat Wang Yi in the Great Hall of the People on July 18, 2023 in Beijing, China. But all this doesn’t mean there’s no room to work together, according to Shanghai-based international relations scholar Shen Dingli.
Persons: Nancy Pelosi, Xi Jinping, Joe Biden, Antony Blinken, Janet Yellen, John Kerry, Li Qiang, Wang Yi, , , Chong Ja Ian, , Suisheng Zhao, Kerry, Wang, ” Yellen, Li, Li Shangfu, Shi Yinhong, Florence Lo, Shen Dingli, ” Shen, Shen, Blinken, ” Blinken, Xi, Qin Gang, Yun Sun, Chong Organizations: Hong Kong CNN, Washington, US, Treasury, National University of Singapore, US Air Force, Air Force, South Carolina . U.S . Air Force, Department of Defense, Reuters, Center for, Cooperation, University of Denver, China’s Communist Party, Renmin University, of, CNN, , Economic Cooperation, Foreign, China Program, Stimson, Locations: Hong Kong, Beijing, Ukraine, United States, China, Taiwan, Bali, , South Carolina . U.S, Washington, Center for China, South, Shanghai, Asia, Singapore
REUTERS/Jason Lee/Pool/File PhotoWASHINGTON, July 20 (Reuters) - The White House on Thursday expressed regret that Henry Kissinger was able to get more of an audience in Beijing than some sitting U.S. officials, after the former top diplomat held talks in China. The White House said it was aware of the trip but that it was a private visit by a citizen. "It's unfortunate that a private citizen can meet with the defense minister and have a communication and the United States can't," said White House National Security Council spokesperson John Kirby. Kirby said that administration officials "look forward to hearing from Secretary Kissinger when he returns, to hear what he heard, what he learned, what he saw." U.S. presidential envoy John Kerry concluded lengthy talks with Beijing on fighting climate change on Wednesday and current Secretary of State Antony Blinken went to Beijing last month.
Persons: Henry Kissinger, Wang Yi, Jason Lee, Kissinger, Richard Nixon, Gerald Ford, Xi Jinping, Li Shangfu, Lloyd Austin, General Li, John Kirby, they're, miscalculations, Kirby, John Kerry, Antony Blinken, Joe Biden, Trevor Hunnicutt, David Brunnstrom, Jonathan Oatis Organizations: U.S, Foreign, of, People, REUTERS, WASHINGTON, U.S . Defense, White, National Security, Economic Cooperation, Thomson Locations: Beijing, China, Washington, U.S, United, Ukraine, Taiwan, New Delhi, Asia, San Francisco
U.S. special presidential envoy for climate, John Kerry, said U.S. President Joe Biden and Chinese President Xi Jinping could meet later in 2023. BEIJING — John Kerry, special presidential envoy for climate, said Wednesday that U.S. President Joe Biden and Chinese President Xi Jinping could meet later this year. Kerry was referring to the Asia-Pacific Economic Cooperation Leaders' Summit — set to be held in San Francisco in November. There's a potential for Xi to visit the U.S. for the summit, and meet with Biden during that time. Han did not specifically mention such a Xi-Biden meeting in his opening remarks.
Persons: John Kerry, Joe Biden, Xi Jinping, BEIJING — John Kerry, Kerry, Han Zheng, There's, Xi, Han, Biden Organizations: APEC, Economic Cooperation, Biden Locations: BEIJING, San Francisco, China, Asia
U.S.-ASEAN Business Council on U.S. investment in Southeast Asia
  + stars: | 2023-07-14 | 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 EmailASEAN is the 'single largest' destination for U.S. investment in Asia: U.S.-ASEAN Business CouncilTed Osius, president and CEO of the U.S.-ASEAN Business Council, discusses the Indo-Pacific Economic Framework and says the U.S. private sector is "investing more in Southeast Asia than in China, Japan, India and Korea combined."
Persons: ASEAN Business Council Ted Osius Organizations: ASEAN, ASEAN Business Council, U.S ., U.S Locations: Asia, U.S, Southeast Asia, China, Japan, India, Korea
BEIJING, July 10 (Reuters) - China on Monday called on the U.S. to take "practical action" in response to its "major concerns" about sanctions on Chinese firms, after U.S. Treasury Secretary Janet Yellen wrapped up more than 10 hours of meetings with senior officials in Beijing. Yellen came to Beijing seeking to ease tensions between the world's two superpowers, and while there was no breakthrough, both sides described their talks as "productive" and agreed to keep channels open "at all levels" for talks on the economy. The United States has imposed sanctions on some companies for using forced labour in the far-western region of Xinjiang. The ministry also said China believed its development was an opportunity rather than a risk to the U.S. and that "strengthening cooperation between China and the United States is a realistic need and the correct choice of the two countries." Reporting by Joe Cash and Ellen Zhang; Editing by Muralikumar Anantharaman and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
Persons: Janet Yellen, Yellen, Joe Biden, Xi Jinping, Bruce Pang, Jones Lang LaSalle, Joe Cash, Ellen Zhang, Muralikumar Anantharaman, Stephen Coates Organizations: U.S, Treasury, Economic Cooperation, United, Jones, Thomson Locations: BEIJING, China, Beijing, Asia, San Francisco, Xinjiang, United States, Hong Kong
"The accomplishment of the meeting was the meeting itself, not specific issues," said Scott Kennedy, a China economics expert at the Center for Strategic and International Studies in Washington. A senior U.S. Treasury official accompanying Yellen on her first trip to China as secretary described it as "respectful, frank and constructive," adding: "She was warmly received." Her meeting on Saturday with He, China's new economic czar, was scheduled for two hours but lasted five, followed by a "cordial" dinner, the official said. In the meantime, Yellen said the talks set the stage for more frequent U.S.-China communications at the staff level about economic issues, including areas of disagreement. A possible venue for this would be the Asia-Pacific Economic Cooperation summit in San Francisco in November.
Persons: Janet Yellen, Yellen, Lifeng, Scott Kennedy, Premier Li Qiang, Pan Gongsheng, Joe Biden's, Jake Colvin, Hong Hao, Hong, Colvin, Biden, John Kerry, Gina Raimondo, Xi Jinping, Wang Yiwei, David Lawder, Andrea Shalal, Ryan Woo, Ellen Zhang, Qiaoyi Li, Stephen Coates Organizations: . Treasury, U.S, Center for Strategic, International Studies, Global Times, Treasury, Premier, People's Bank of China, National Foreign Trade Council, Grow Investment, . Commerce, Renmin University, Economic Cooperation, Thomson Locations: Beijing, China, Washington, China's, U.S, United States, Hong Kong, Asia, San Francisco, Anchorage , Alaska
"But President (Joe) Biden and I do not see the relationship between the U.S. and China through the frame of great power conflict. Secretary of State Antony Blinken visited Beijing last month, the first visit by the top U.S. diplomat of the Biden presidency, while climate envoy John Kerry is expected to visit China this month. Yellen met with senior Chinese officials during her visit, including Premier Li Qiang, as well as U.S. companies doing business in China, climate finance experts and women economists. But I expect that this trip will help build a resilient and productive channel of communication," Yellen said. Reporting by Andrea Shalal; Writing by Andrea Shalal and John Geddie; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
Persons: Janet Yellen, Yellen, Joe, Biden, Antony Blinken, John Kerry, Xi, they're, Washington, Li Qiang, Andrea Shalal, John Geddie, William Mallard Organizations: . Treasury, U.S ., U.S, Biden, Economic Cooperation, Thomson Locations: BEIJING, Beijing, United States, China, U.S, Taiwan, New Delhi, Asia, San Francisco, Washington, Brazil, India, Russia, Ukraine
Top US-China exchanges since Biden took office
  + stars: | 2023-07-09 | by ( ) www.reuters.com   time to read: +5 min
Below is a list of some of the other high level U.S.-China exchanges since President Joe Biden took office in 2021. FIRST TRADE TALKS - May 26, 2021U.S. Trade Representative Katherine Tai and China's then Vice Premier Liu He held talks virtually, the first such high level trade talks between the world's two biggest economies since Biden took office. DIPLOMAT VISITS CHINA - July 26, 2021Deputy Secretary of State Wendy Sherman held talks with State Councillor Wang Yi, in Tianjin, China. DEFENCE CHIEFS HOLD FIRST TALKS - April 20, 2022U.S. Defense Secretary Lloyd Austin held a call with China's then defence minister Wei Fenghe, the first talks between the two officials since Biden took office. BIDEN AND XI MEET IN BALI - November 14, 2022Biden and Xi held their long-awaited first face-to-face leadership talks on the sidelines of the G20 summit in Bali, Indonesia.
Persons: Janet Yellen, John Kerry, Joe Biden, BIDEN, Biden, Xi Jinping, Xi, Jake Sullivan, Yang Jiechi, Wang Yi, Katherine Tai, China's, Liu, Wendy Sherman, SULLIVAN, YANG, Sullivan, Yang, Lloyd Austin, Wei Fenghe, WANG, Wang, Nancy Pelosi, HARRIS, Kamala Harris, Gina Raimondo, Wang Wentao, National Defense Li Shangfu, Li, BLINKEN, Antony Blinken, Washington's, Martin Quin Pollard, Raju Gopalakrishnan, Kim Coghill Organizations: . Treasury, U.S, FIRST, National Security, . Trade, CHIEFS, . Defense, General Assembly, BIDEN, IN, Economic Cooperation APEC, CHINA COMMERCE, . Commerce, Commerce, Washington D.C, China's, National Defense, Pentagon, Austin, BEIJING, Thomson Locations: China, Beijing, Yellen's, U.S, Anchorage , Alaska, Blinken, CHINA, Tianjin, Taiwan, North Korea, ROME, Russia, Ukraine, New York, IN BALI, Bali , Indonesia, BANGKOK, Asia, Thailand, MUNICH, Munich, WASHINGTON, Washington, Singapore
Yellen is due to meet with Chinese Vice Premier He Lifeng -- her direct counterpart as China's top economic official -- on Saturday, a U.S. Treasury official said. MARKET REFORMSYellen also took aim at China's planned economy, urging Beijing to return to more market-oriented practices that had underpinned its rapid growth in past years. "A shift toward market reforms would be in China's interests," she told the AmCham event. Yellen dismissed the idea of decoupling the U.S. and Chinese economies, nothing that China's enormous and growing middle-class provided a big market for American goods and services. A Treasury official said the vibrant U.S. business community in China was "a living embodiment that we are not decoupling."
Persons: Yellen, Li, Janet Yellen, Li Qiang, Washington, Liu He, Xi Jinping, Yi Gang, Mark Schiefelbein, Yellen's, Michael Hart, BIDEN, Joe Biden, Xi, Antony Blinken, John Kerry, Andrea Shalal, Joe Cash, David Lawder, Catherine Evans, Heather Timmons, Alistair Bell Organizations: China, . Treasury, U.S, Treasury, American Chamber of Commerce, of, People, REUTERS U.S, Economic Cooperation, Thomson Locations: U.S, BEIJING, China, Beijing, United States, Washington, New Delhi, Asia, San Francisco, Ukraine
[1/4] U.S. Treasury Secretary Janet Yellen meets with representatives of the U.S. business community in China in Beijing, July 7, 2023. REUTERS/Thomas PeterBEIJING, July 7 (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday called for market reforms in China and criticized the world's second-largest economy for its recent "punitive" actions against U.S. companies and new export controls on some critical minerals. MARKET REFORMSYellen also took aim at China's planned economy, urging Beijing to return to more market-oriented practices that had underpinned its rapid growth in past years. "A shift toward market reforms would be in China’s interests," the former top U.S. central banker told the U.S. business executives. Yellen noted that China's enormous and growing middle-class provided a big market for American goods and services, and stressed that Washington's targeted actions against China were based on national security concerns.
Persons: Janet Yellen, Thomas Peter BEIJING, Yellen, Liu He, Xi Jinping, Yi Gang, Premier Li Qiang, Yellen's, Michael Hart, Joe Biden, Xi, Antony Blinken, John Kerry, Washington, Andrea Shalal, Michael Perry, Toby Chopra Organizations: . Treasury, REUTERS, U.S, American Chamber of Commerce, Treasury, Premier, BIDEN, Economic Cooperation, Thomson Locations: China, Beijing, United States, Washington, U.S, TEEING, New Delhi, Asia, San Francisco, Ukraine
[1/6] U.S. Treasury Secretary Janet Yellen arrives at Beijing Capital International Airport in Beijing, China, Thursday, July 6, 2023. Both sides are sceptical that Yellen's visit will be able to take much heat out of U.S.-China ties, however, with officials accepting that both countries have placed safeguarding national security above economic ties. Yellen will address "unfair" practices by China, including recent punitive actions against U.S. firms and market access barriers, the official added. On Friday she will meet China's Premier Li Qiang and former economy tsar Liu He, who is widely seen as a close confidant of President Xi Jinping. They come ahead of a possible meeting between President Joe Biden and Xi at the Asia-Pacific Economic Cooperation gathering scheduled for November in San Francisco.
Persons: Janet Yellen, Mark Schiefelbein, Yellen, Nicholas Burns, Li Qiang, Liu He, Xi Jinping, Wang Huiyao, Yellen's, Zhu Feng, Xie Feng, Trump, Wu Xinbo, Antony Blinken, Joe Biden, Xi, Yew Lun Tian, Andrea Shalal, Joe Cash, Clarence Fernandez Organizations: . Treasury, Beijing Capital International Airport, REUTERS, U.S, Center for, Nanjing University, Global Times, Fudan University, Economic Cooperation, Thomson Locations: Beijing, China, REUTERS BEIJING, U.S, Center for China, United States, Russia, Washington, Asia, San Francisco
Yellen's China visit aims at 'new normal' with Beijing
  + stars: | 2023-07-05 | by ( Andrea Shalal | ) www.reuters.com   time to read: +6 min
Chinese officials are concerned about the Biden administration's plans to limit U.S. companies' China investments and what they see as moves to decouple the two economies. "There is no substitute for diplomacy," said one senior administration official. "Secretary Yellen’s trip is more than a step toward preparation for a potential Biden-Xi meeting at APEC. Despite the cooling relations, trade between the U.S. and China grew in 2022 for the third year in a row, U.S. Commerce Department data show. Two other Cabinet secretaries, Commerce chief Raimondo and U.S. Trade Representative Katherine Tai, met in May with Chinese Commerce Minister Wang Wentao.
Persons: Janet Yellen's, Biden, COVID lockdowns, Antony Blinken, Xi Jinping, Wu Xinbo, Yellen's, Gina Raimondo, Derek Scissors, Yellen, Russia's Wagner, Joe Biden, Xi, Scott Kennedy, Jake Colvin, Donald Trump, Colvin, Lifeng, Liu He, Raimondo, Katherine Tai, Wang Wentao, Andrea Shalal, Michael Martina, Lun Tian Yew, Dan Burns, Heather Timmons, Andrea Ricci Organizations: . Treasury, China's Fudan University, American Enterprise Institute, U.S, Economic Cooperation, Biden, APEC, Center for Strategic, International Studies, Foreign Trade, . Commerce Department, Treasury, . Trade, Chinese Commerce, Thomson Locations: China, Russia, U.S, Beijing, Ukraine, United States, Asia, San Francisco, Washington, Zurich, Wang Wentao .
Donald Trump boasted about his relationship with Vladimir Putin at a South Carolina rally. Trump said Putin described him as "vicious," but they still got along. "As Putin said, 'You are the most vicious president ever.' President Donald Trump (R) and Russia's President Vladimir Putin talk as they make their way to take the "family photo" during the Asia-Pacific Economic Cooperation (APEC) leaders' summit in the central Vietnamese city of Danang on November 11, 2017. Fiona Hill, who served as the top Russia advisor on the National Security Council under Trump, previously said that Putin often became frustrated with Trump over his lack of knowledge on big issues.
Persons: Donald Trump, Vladimir Putin, Trump, Putin, , There's, MAGA, JORGE SILVA, Kim Jong Un, Xi Jinping, Trump's, Fiona Hill Organizations: Service, Putin, Economic Cooperation, Getty, North, Washington, National Security Council, Trump Locations: South Carolina, Pickens, Russia, Ukraine, Asia, Danang
US official visits Taiwan to discuss US-hosted APEC meetings
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +2 min
TAIPEI, June 30 (Reuters) - A senior U.S. official charged with handling ties with the Asia-Pacific Economic Cooperation (APEC) bloc visited Taiwan this week for talks on his country's plans to host the grouping this year, the de facto U.S. embassy in Taipei said on Friday. APEC is one of the few international organisations to which Chinese-claimed Taiwan belongs, since Beijing, which views the island as a Chinese province, and not a country, blocks its participation in most others. Against the backdrop of military tension between Beijing and Taipei, past APEC summits have served as a rare conduit for direct engagement between Taiwan and China, which is also a member. The U.S. official, Matt Murray, visited Taiwan on Tuesday and Wednesday to discuss with senior officials issues related to APEC and the robust U.S.-Taiwan economic relationship, the American Institute in Taiwan said in a brief statement. Chang had a brief conversation with Chinese President Xi Jinping at the time, and also discussed semiconductors with U.S. Vice President Kamala Harris.
Persons: Matt Murray, Murray, Morris Chang, Chang, Xi Jinping, Kamala Harris, Ben Blanchard, Clarence Fernandez Organizations: U.S, Economic Cooperation, APEC, U.S ., American Institute, Thomson Locations: TAIPEI, Asia, Taiwan, Taipei, Beijing, China, Seattle, San Francisco, Bangkok
But beneath those positive signals, the two-day visit to Beijing from US Secretary of State Antony Blinken highlighted another reality: a wide and dangerous gulf between the two powers. The timing of the visit, which followed two close encounters between Chinese and American armed forces in Asia in recent weeks, underscored the urgency of talking. In the same vein, the United States needs to respect China and must not hurt China’s legitimate rights and interests,” he said. We don’t want to look up to the United States, at the very least we should look at each other at eye level,” he said. Baby stepsIn the lead-up to and during Blinken’s visit, China made clear who it thinks is responsible for the problems in the relationship.
Persons: Antony Blinken, , Xi Jinping, Blinken, Xi, , , Bonnie Glaser, China …, Nancy Pelosi’s, Yang Tao, ” Yang, Li Shangfu, Shen Dingli, Wang Yi, Joe Biden, ” Blinken, Dexter, Roberts Organizations: Hong Kong CNN, Washington, China, China’s Communist Party, German Marshall Fund of, United, Pacific, Military, US, Chinese Defense, Minister of Defense, Beijing, Economic Cooperation, Atlantic Council Locations: Hong Kong, China, Beijing, Asia, , United States, Washington, Taiwan, American, South China, America, Shanghai, “ China, Bali,
I think neither side wants to look as if they’re accepting or acquiescing to the other’s actions,” she said. But hope might not turn into reality, and relations might become worse after the visit,” he added. “We prepare for the worst and hope for the best.”Blinken would not predict whether his visit would pave the way for continued high-level engagements between the US and China. “As to what comes next, let’s see how the visit goes,” the top US diplomat said Friday, referencing comments from his Singaporean counterpart. “This is an important but, in a sense, insufficient step because there’s a lot of work to be done.”
Persons: Antony Blinken, Joe, Biden, Xi, ” Blinken, Vivian Balakrishnan, Blinken, , Daniel Kritenbrink, “ we’re, ” Patricia Kim, , ’ Blinken, Kai Li, Mark Swidan, David Lin, Jake Sullivan, Wang Yi, Shen Dingli, Defense Lloyd Austin, Li Shangfu, Shen, ” Shen Organizations: CNN, senior State Department, Singaporean, State, East Asian, Pacific Affairs, Brookings Institution, Saturday, Defense, Chinese Defense, Asia Pacific Economic Cooperation Locations: Beijing, United States, China, Bali, Taiwan, Ukraine, Vienna, Washington, Shanghai, Singapore
Blinken will hold meetings in China on June 18-19 and may meet with Chinese President Xi Jinping, sources said. He will be the highest-ranking U.S. government official to visit China since Biden took office in January 2021. That followed a tense evening phone call with Blinken on Tuesday during which Chinese Foreign Minister Qin Gang told the U.S. to stop meddling in China's affairs. So even going through the motions has some utility for both Washington and Beijing." Particularly worrisome for China's neighbors has been its reluctance to allow regular military-to-military talks between Beijing and Washington, despite repeated U.S. attempts.
Persons: Antony Blinken, Xi Jinping, Biden, Qin Gang, Wang Wenbin, Joe Biden, Andrew Small, Marshall, Tsai Ing, Stephane Dujarric, EYEING BIDEN, Xi, Emanuel Macron, Blinken's, Janet Yellen, Gina Raimondo, Yun Sun, Humeyra Pamuk, David Brunnstrom, Laurie Chen, Martin Pollard, Michelle Nichols, Ben Blanchard, Don Durfee, Daniel Wallis Organizations: Blinken, Foreign, Washington, French, U.S, Treasury, China Program, Stimson, Economic Cooperation, APEC, Biden, Thomson Locations: Beijing, United States, China, U.S, Asia, Taiwan, Taiwan Strait, Washington, Bali, Europe, East, Africa, Saudi Arabia, India, San Francisco, New York, Taipei
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