CESCE, Country Risk
This Monday, the 19th, the visit of the American Secretary of State to Beijing ended with the objective of keeping communication channels open at a high level, but with the realization that the “thaw” promised by Biden a few months ago seems distant.
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China and United States They must choose between "cooperation or conflict," said the top diplomat of Pekin to the US Secretary of State, Antony Blinken. Blinken and Wang Yi, China's top foreign policy official, spoke for three hours Monday at the ornate State Guest House.
Yi asked the US diplomat to invest the «downward spiralThe discussion focused on the current state of bilateral relations between the two major powers. In the afternoon, Chinese President Xi Jinping also met with Blinken, although details of this meeting have not yet been made public. No major breakthroughs or shifts in relations are expected. containment policies tested by Washington, especially in the technological field.
The Biden administration wants to restore greater fluidity to diplomatic channels and reduce the risk of "misperceptions and/or miscalculations" in the relationship. China, for its part, is facing stagnant economic growth and may be seeking to reduce the perceived political risk that has contributed to the decline in foreign investor confidence in recent years.
Source: CESCE





