A flurry of diplomatic meetings and sanctions on investments in China. We will take a look at the developments and challenges in the China-U.S. relationship.
In their meeting last year, Chinese President Xi Jinping and U.S. President Joe Biden agreed to improve relations between Beijing and Washington. That was followed with a string of high-level visits by American officials in China. The Financial Times reported the meetings helped establish new lines of communication.
Then, the United States slapped restrictions on investments in China. The Chinese Foreign Ministry called the move “economic coercion” that “violates principles of market economy and fair competition.”
Joining the discussion:
- Zoon Ahmed Khan is a Research Fellow Center for China & Globalization.
- Einar Tangen is a Senior Fellow at the Taihe Institute and Chairman of Asia Narratives.
- James Moore is Founder and CEO of the Washington Institute for Business, Government, and Society.
- Anthony Moretti is an Associate Professor at Robert Morris University.
While the direct impact on US investment in China remains to be seen, the new US investment ban brings more complications to the already extremely complex US-China relations. It further undermines mutual trust amid growing official talks: experts https://t.co/7QZM7vt7vo
— Global Times (@globaltimesnews) August 10, 2023
Singapore’s prime minister-in-waiting called for the global economy to be “prepared for the unpredictable,” with relations between the US and China strained over trade and geopolitics https://t.co/GC4spV6ibf
— Bloomberg Politics (@bpolitics) August 14, 2023