US Treasury Secretary Janet Yellen, who was finishing up a visit to Beijing, said progress was made in stabilizing relations between the two countries. Tech, trade, Taiwan and other issues have complicated US-China ties.

US Treasury Secretary Janet Yellen said Sunday that ties between the US and China are “on surer footing” as she concluded a 4-day visit to Beijing.

“We believe that the world is big enough for both of our countries to thrive,” Yellen said during a media briefing at the US Embassy in Beijing.

“My bilateral meetings — which totaled about 10 hours over two days — served as a step forward in our effort to put the US-China relationship on surer footing,” she added.

  • @InverseParallaxEnglish
    2•1 year ago

    Yeah, no.

    We made them a deal under Nixon, we let them get back Taiwan in exchange for distancing from the ussr.

    That was a good deal then, and a terrible deal now.

    We need to amend the deal guaranteeing Taiwan democracy and potentially some level of sovereignty, but after HK there’s not much room for good faith on China’s behalf.

    China thinks the shift was when Biden supported the Taiwanese status quo, but the west thinks the shift was when Xi broke their deal on HK.

    Not a lot of room to negotiate, it’s all chess moves till either someone has a better idea or one side gains a superior position.