CNBC's The China Connection newsletter: Three major shifts from the Trump-Xi meeting
The recent meeting between Trump and Xi marks significant shifts in U.S.-China relations. Key changes include the participation of U.S. Secretary of State Marco Rubio, a clear stance on Taiwan, and China's strategic approach to technology. These developments indicate a potential for more stable relations, despite ongoing tensions.
- ▪U.S. Secretary of State Marco Rubio joined Trump in Beijing, overcoming previous travel sanctions.
- ▪Xi emphasized that Taiwan is a critical issue that could jeopardize U.S.-China relations if mishandled.
- ▪China is adopting a long-term strategy regarding technology and is cautious about U.S. regulations on its tech companies.
Opening excerpt (first ~120 words) tap to expand
Getting here was not possible without changes on several fronts.First, U.S. Secretary of State Marco Rubio joined Trump on his trip to Beijing, despite Chinese travel sanctions imposed on him in 2020 when he was still a senator.Rubio, who is also serving as interim security advisor, is the "designated interlocutor" right now, Zhao said. "So there's no reason China [would not] invite him on this trip and work with him [in] the future."Beijing also hopes that Trump can keep anti-China forces at bay domestically even after the midterm elections in November, and preserve bipartisan support for stable U.S.-China relations, Zhao said.Second, Beijing has made its bottom line on Taiwan clear.Xi warned Trump that the island — which the Chinese leader described as the biggest issue in U.S.-China…
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