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The United States has long stuck to a policy of "strategic ambiguity" over whether it would respond militarily to an attack on Taiwan, which Beijing has refused to rule out.
The US president is dealing with a far more confident China than he did back then. Beijing has expanded its global footprint, and it is now the lead trade partner for more than 120 countries.
Biden reinvigorated a grouping known as the Quad — the United States, India, Japan and Australia. China's relations with all three of those U.S. partners are improving, as are its ties with Britain.
Orville Schell, the director of the Center on US-China Relations at the Asia Society, summed up the situation as follows: "The consequences of the breakdown in US-China relations is going to be very grave for the world and for the global economy because the ability of the US and China to work together was the keystone of the whole arch of ...
The Commission is required by Congress to submit an annual report by December 1 every year. [11] The USCC fulfills its mission by holding regular meetings with commission members to discuss recent related matters include write full analysis of eight focused parts, [4] which are energy, U.S. capital market, economic transfers, regional economics and security impacts, U.S.–China bilateral ...
The US government has at times criticized various aspects of the US-China trade relationship, including large bilateral trade deficits, and China's relatively inflexible exchange rates. [23] The administrations of George W. Bush and Barack Obama imposed quotas and tariffs on Chinese textiles in order to shield US domestic producers, accusing ...
After focusing on trade and economic issues for the first two days of her visit, Yellen turned to the broader U.S.-China relationship in the meeting with Li, one of China's top leaders.
The world is big enough for both the United States and China to thrive, US Treasury Secretary Janet Yellen said Sunday as she wrapped up a visit to Beijing aimed at stabilizing the relationship ...