On Thursday (28th) U.S. Trade Representative Katherine Tai stated that her mission is to “defuse” the tension between the United States and China and publicly release signals of breaking the ice between the United States and China.
While China has not fulfilled the promise of the US-China “Phase One” trade agreement signed in January 2020, the first dialogue between US Trade Representative Dai Qi and Chinese Vice Premier Liu He was held on October 9th. Further talks in the video conference.
Against the backdrop of deteriorating US-China relations, Dai Qi said on Thursday: “Her goal is to cool down so that the two sides can have a rational relationship and have a sober dialogue on how to stabilize the part of the trade we are operating.”
Dai Qi mentioned: “U.S.-China relations are already like a pile of dry wood, and a misunderstanding is likely to trigger a raging fire, which will have a very serious impact on all of us.”
The U.S. Department of Agriculture (USDA) predicts that as the demand for meat from Chinese consumers increases, next year’s U.S. chicken exports to China are expected to increase by 3% to 930,000 tons.
Dai Qi said that China has a huge market and a huge population, and they all need food. China needs to import agricultural products, which the country can provide.
Recently, high-level US and Chinese officials have frequent dialogues. On Tuesday (26th) US Treasury Secretary Ye Lun and Chinese Vice Premier Liu He held a video conference. The two sides conducted pragmatic, candid and constructive exchanges on the overall economic situation and cooperation.
The official WeChat account “Tao Ran Notes” of China’s official background points out that China-US economic and trade communication is more extensive and in-depth. The two departments of the United States have different divisions of labor. The two calls have their own focuses. In the call with US Trade Representative Dai Qi, the two sides focused on Exchanges in the field of economy and trade. During the call with U.S. Treasury Secretary Yellen, the two sides once again exchanged views on the macroeconomic situation and multilateral and bilateral cooperation after June.
Song Wendi pointed out that even if the United States and China are nervous about the Taiwan issue, Baixi Breaking the Ice has quietly gained a foothold.
Song Wendi, a lecturer at the Institute of Asia-Pacific Studies at the Australian National University, pointed out that as long as there is sufficient communication between the United States and China and the goal of both sides is to compete without disasters, cooperation between the world’s two largest economies is still possible. It is even advisable, no matter how tough their words are, they have been communicating openly.
US White House National Security Adviser Jake Sullivan recently confirmed that Chinese President Xi Jinping will not attend the G20 summit and that the US and Chinese heads of state will arrange bilateral video talks “before the end of the year,” but there is no specific timetable yet.