What's happened
The US and China have engaged more with meetings between President Joe Biden and Chinese leader Xi Jinping, as well as visits by top officials like Treasury Secretary Janet Yellen and Defense Secretary Lloyd Austin. However, despite these interactions, trust levels between the two nations remain low.
Why it matters
The increased engagement between the US and China signifies a potential shift towards more stable relations. However, the persistent lack of trust highlights ongoing challenges in the relationship, impacting global geopolitics and economic dynamics. Building trust is crucial for fostering cooperation and addressing shared challenges effectively.
What the papers say
The American Chamber of Commerce in China highlighted concerns about China's national security laws affecting foreign investment. The report emphasized the need for clarity and a level playing field for foreign organizations. The report also mentioned that American companies operating in China face challenges due to inconsistent policies and rising costs. The report called for high-level exchanges and communication between the US and China as a top priority.
How we got here
Tensions between the US and China have been ongoing, with issues such as national security laws, foreign investment barriers, and unclear policies affecting American companies operating in China. Despite efforts to improve relations through high-level meetings and engagements, trust between the two nations remains a significant challenge.
More on these topics
-
The United States of America, commonly known as the United States or America, is a country mostly located in central North America, between Canada and Mexico.
-
China, officially the People's Republic of China, is a country in East Asia. It is the world's most populous country, with a population of around 1.4 billion in 2019.
-
Beijing, alternatively romanized as Peking, is the capital of the People's Republic of China. It is the world's most populous capital city, with over 21 million residents within an administrative area of 16,410.5 kmĀ².
-
Matthew Pottinger is an American former journalist and U.S. Marine Corps officer who has served as the United States Deputy National Security Advisor since September 22, 2019.
-
Michael John Gallagher is an American politician who serves as the U.S. Representative for Wisconsin's 8th congressional district. He was elected in the 2016 elections and took office on January 3, 2017. He is a Republican.
-
Joseph Robinette Biden Jr. is an American politician who is the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 and represented Delaware in the United States Senate
-
Xi Jinping is a Chinese politician serving as the general secretary of the Communist Party of China, president of the People's Republic of China, and chairman of the Central Military Commission.