US Secretary of State Antony Blinken's recent visit to China marked a significant moment in the strained relationship between the two countries. The meeting with President Xi Jinping aimed to address mounting geopolitical tensions and find common ground on crucial issues.
The US and China have a history of rivalry, but during the Trump administration, it escalated into a full-blown trade war with sanctions, tariffs, and aggressive posturing from both sides. Even under the Biden administration, tensions persisted, evident in China's show of force when Congresswoman Nancy Pelosi visited Taiwan and the US response to China's spy balloon incident.
Despite the past hostilities, both nations seem willing to consider their economic interests and national security concerns. Although details of the discussions between Blinken and Xi remain scarce, there were indications of progress. China faced export restrictions on certain semiconductor chips, impacting its tech manufacturing sector and trade with countries like Taiwan and South Korea.
The trade war initially aimed to reduce the US trade deficit with China, but it actually grew to $383 billion by 2022. Furthermore, the US administration's efforts to bolster domestic manufacturing while contemplating "decoupling" and "de-risking" strategies acknowledge the interdependence of the US and Chinese economies.
Blinken's successful visit could pave the way for another meeting between President Biden and Xi. The two leaders had a face-to-face discussion during a G20 summit last year, addressing issues such as China's forced labor camps and its relationship with Russia amid the Ukraine conflict. Though differences persist, both sides are engaging in dialogue.
While the future remains uncertain, Blinken expressed hope for further interactions with Xi in the coming months, suggesting that efforts to mend the US-China relationship are ongoing.