Chinese Foreign Minister Sounds Tough On US-China Relations

It was important for the United States to remove “unreasonable restrictions” to allow for the two countries to move forward with their relationship under the new administration for President Joe Biden, said Chinese Foreign Minister Wang Yi on Sunday.

Over the last few years, the relationship between the two largest economies of the world have soured considerably and particularly since the former president Donald Trump imposed import tariffs on Chinese goods – with China imposing retaliatory tariffs.

Since taking over on January 20 this year, the Biden administration has taken a tough stance against China as it described China as a more assertive “competitor” while also raising concerns about the aggressive position of Beijing on Taiwan, Xinjiang and Tibet.

These issues are considered as its domestic matter by China’s central government.

“Speaking of China-U.S. relations, I believe first of all both sides need to abide by the principle of non-interference in each others’ internal affairs,” Wang said, according to an official English translation of his Mandarin-language, as remarks at a press conference held alongside the “Two Sessions” annual parliamentary meeting in Beijing.

Wang also called for the U.S. to “remove all its unreasonable restrictions on bilateral cooperation as early as possible” and “not create new obstacles.”

Wang however did not elaborate about the specifics of the restrictions.

The US administration was implored to remove tariffs and sanctions, particularly those imposed on the technology companies of China, by Wang last month in a speech.

Sanctions against dozens of Chinese companies, most prominently telecommunications giant Huawei, were imposed by the Trump administration over concerns of national security. The sanctions have hit Huawei hard as it slid to become the sixth largest smartphone maker of the world from being the number one.

Claims that China was dozens of Chinese companies, most prominently telecommunications giant Huawei wer4e rejected outright by Wang on Sunday and said that there was enough capacity with the Chinese government to “thwart” all attempts to promote the independence of Taiwan. Wang also was firm in backing the Chinese government’s decision to “improve” Hong Kong’s electoral system.

Meanwhile according to the White House, in a two-hour phone call with Chinese President Xi Jinping in February ahead of the Lunar New Year holiday, Biden had raised “fundamental concerns” about China’s measures on issues like as Hong Kong. The other topics discussed included ways to tackle the Covid-19 pandemic, preventing proliferation of weapons and working together on climate change.

On the aspect of the recovery of the global economy from the pandemic, it was also possible for the US and China to work together, Wang also said on Sunday. The phone call between the leaders of the two countries was described as a positive basis for rebuilding the bilateral relationship.

“We’re ready to work with the United States to follow through on the outcome of this important phone call and set China-U.S. relations on a new path of healthy and steady growth,” he said.

(Adapted from CNBC.com)



Categories: Economy & Finance, Geopolitics, Regulations & Legal, Strategy, Sustainability

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