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US Treasury Secretary Yellen concludes her trip to China with positive remarks on bilateral relations.

On July 9, 2023, Yellen called an end to her 4-day China visit journey, with remarks that a “step forward” has been made to stabilize the relationship between the two countries, with direct and productive talks to better understand both side’s interest but emphasised that the two are still in great disagreement that cannot be solved over a short time. She especially focused on seeking to maintain a dynamic and healthy global economy environment, in response to recent restrictions set by both sides on key industries like chip manufacturing.


Quoting on her remarks made at the Press Conference in Beijing to conclude the discussion in the past days, Yellen said that both Us President Joe Biden believed that despite great differences, there will be ways to live together and share global prosperity, and her visit will be echoing her colleague’s, Secretary of State Anthony Blinken’s, visit in June, delivering how the US are thrived to deepen bilateral communication, after Biden’s last meeting with Xi back in November 2022 in Bali’s G20 Summit.


Efforts have been made to reinitiate healthy discussions for alleviating high tension. US Secretary of State Anthony Blinken made his visit back in mid-June 2023, an ice-break visit for top-class US officials to visit the country in person since 2018, meeting with Xi and reaching a mutual agreement that a more stable relationship is needed, yet fail to make a large breakthrough like resuming military-to-military communication channels. And now to follow up, Yellen’s visit left important remarks on the US’s attempt to stabilise the relationship, having secretary-level officials visiting the country in two consecutive weeks.


The two superpowers’ relationship has been deteriorating, surrounded by issues on both national security and regional security like Taiwan and South China Sea disputes. In January, the Chinese Spy balloon incident cast a threat towards American national security, which the Chinese dismissed, with a recent Pentagon release proving the Chinese innocent as they discovered no intelligence collecting equipment from the balloon’s remains, after being shot down to the ocean and retrieved, undergoing months of investigation since February 2023, yet Pentagon spokesperson Brigadier General Pat Ryder commented the move was essential since the balloon still possibly have intelligence retrieving capacity.


Another spy suspect also broke out in early June, when the US said that the Chinese are using Cuban facilities to undergo radio waves collection activities, only to be dismissed and criticised by both Cuba and China in response. These conflicts have resulted in a speedy deterioration in bilateral relations in the first half of 2023. 

However, foreign visits seem to be ineffective in stopping deterioration. As back on June 21, 2023, after Blinken’s visit, President Biden called Xi a dictator during an event in California, leading to strong opposition and criticism from the Chinese. Despite growing trading, the 2 officials had failed to produce major breakthroughs for the bilateral relationship, with continuous conflicts over multiple events, all these are continuing to expose how fundamental differences are tearing the two more apart than ever.

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