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Sam Bennett

Sam Bennett

10 Jul 2023

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Janet Yellen’s Visit: A Turning Point in US and China Relations?

Janet Yellen, the US Treasury Secretary, recently concluded a four-day visit to China. This visit was not just a routine diplomatic mission, but a significant step towards improving the strained US and China relations. The shift from public, often tense communication to respectful, face-to-face dialogue is a positive sign for both nations.

This visit was a stark departure from the confrontational approach of the Trump era. Both the US and China are now communicating more positively and thoughtfully. Yellen’s trip came after US Secretary of State Antony Blinken’s visit in June.

Where both nations promised to work on stabilizing their relations. This commitment to dialogue is a promising development in US and China relations.

Yellen’s visit aimed to establish a strong and effective communication line with China’s new economic team. This is significant, considering the recent reshuffling in China’s government. Where loyalty to leader Xi Jinping was a key factor in appointments.

Yellen spent a considerable amount of time with China’s new economic chief, He Lifeng, discussing various issues. This open dialogue is crucial for the future of US and China relations.

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Addressing Differences and Building Trust in US and China Relations

US and China Relations

Despite acknowledging “significant disagreements,” Yellen emphasized that the US is not inherently hostile towards China.

She reassured her Chinese counterparts that the US does not view their relationship as a “great power conflict” and has no intention to “decouple” their economies. This reassurance could be a significant step in building trust in US and China relations.

However, the Biden administration’s recent actions, such as imposing export controls on certain US microchips used in AI development, might be seen as unfriendly by Beijing.

The US is also pressuring its allies not to supply China with advanced microchips, aiming to prevent China from gaining a technological edge that could be used against the US. These actions could pose challenges to the progress in US and China relations.

While the dialogue has reopened, the relationship remains fragile. Any incident, like a spy balloon event or a close encounter between US and Chinese military vessels, could disrupt the progress made.

Experts agree that managing this complex relationship will require careful, long-term efforts from both sides. The future of US and China relations hinges on this careful management.

Janet Yellen’s Visit: A Turning Point in US and China Relations?