![]() Kirby said Biden “reiterated our concerns about the ownership of TikTok” to Xi during their call.Īs chair of the Committee on Foreign Investment in the U.S., which reviews foreign ownership of firms in the U.S., Yellen has ample leeway to determine how the company could remain operating in the U.S. lawmakers’ renewed angst over Chinese ownership of the popular social media app TikTok has generated new legislation that would ban TikTok if its China-based owner ByteDance doesn’t sell its stakes in the platform within six months of the bill’s enactment. Last week’s high-profile meeting was seen as Beijing’s effort to stabilize bilateral relations.Īhead of her trip to China, Yellen last week said that Beijing is flooding the market with green energy that “distorts global prices.” She said she intends to share her beliefs with her counterparts that Beijing’s increased production of solar energy, electric vehicles and lithium-ion batteries poses risks to productivity and growth to the global economy. Xi told the Americans that the two countries have stayed communicative and “made progress” on issues such as trade, anti-narcotics and climate change since he met with Biden in November. business leaders last week, when he emphasized the mutually beneficial economic ties between the two countries and urged people-to-people exchange to maintain the relationship. It follows Xi’s meeting in Beijing with U.S. Pan Gongsheng, former Vice Premier Liu He, American businesses and local leaders.Īn advisory for the upcoming trip states that Yellen “will advocate for American workers and businesses to ensure they are treated fairly, including by pressing Chinese counterparts on unfair trade practices.” The call came ahead of Yellen’s visit to Guangzhou and Beijing for a week of bilateral meetings on the subject with finance leaders from the world’s second largest economy - including Vice Premier He Lifeng, Chinese Central Bank Gov. Yun Sun, director of the China program at Stimson Center, said the call “does reflect the mutual desire to keep the relationship stable” while the men reiterated their longstanding positions on issues of concern. And he called on Beijing to wield its influence over North Korea to rein in the isolated and erratic nuclear power. The Democratic president also pressed China over its defense relationship with Russia, which is seeking to rebuild its industrial base as it presses forward with its invasion of Ukraine. ![]() He also raised concerns about human rights in China, including Hong Kong’s new restrictive national security law and its treatment of minority groups, and he raised the plight of Americans detained in or barred from leaving China. as well as against continued malicious cyberattacks against critical American infrastructure. joined more than 120 other nations in backing a resolution at the United Nations calling for global safeguards around the emerging technology.īiden, in the call, reinforced warnings to Xi against interfering in the 2024 elections in the U.S. The pair touched on the issue on Tuesday just two weeks after China and the U.S. The pledge was made at the leaders’ summit held in Woodside, California, last year on the margins of the Asia-Pacific Economic Cooperation meeting.Īt the November summit, Biden and Xi also agreed that their governments would hold formal talks on the promises and risks of advanced artificial intelligence, which are set to take place in the coming weeks. and Japanese Prime Minister Fumio Kishida at the White House for a joint summit where China’s influence in the region was set to be top of the agenda.īiden, in the call with Xi, pressed China to do more to meet its commitments to halt the flow of illegal narcotics and to schedule additional precursor chemicals to prevent their export. Next week, Biden will host Philippines President Ferdinand Marcos Jr. ![]() is treaty-obligated to defend, from resupplying its forces on the disputed Second Thomas Shoal. Taiwan remains the “first red line not to be crossed,” Xi told Biden, and emphasized that Beijing will not tolerate separatist activities by Taiwan’s independence forces as well as “exterior indulgence and support,” which alluded to Washington’s support for the island.īiden also raised concerns about China’s operations in the South China Sea, including efforts last month to impede the Philippines, which the U.S.
0 Comments
Leave a Reply. |