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The Exchange - November 4, 2022

2022-11-04
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  • China-U.S. Tensions Simmer | Chinese Foreign Minister Wang Yi spoke with his U.S. counterpart Antony Blinken to discuss the U.S. and China “returning to a normal track” this week. The talks followed President Xi's first message to the U.S. after the 20th Party National Congress and Wang's meeting with the new U.S. Ambassador to China Nicholas Burns. The communications signal the melting of the near-frozen relationship after Pelosi's visit to Taiwan. Some observers think they are indicative of a possible Biden-Xi meeting at the G20 in November.
  • China Starts A Week Of Active Diplomatic Exchanges | China started a series of diplomacies after its largest Party event by receiving leaders from Vietnam, Pakistan, Tanzania, and Germany this week. President Xi greeted Vietnamese Communist Party chief Nguyen Phu Trong, highlighting the determination to fend off foreign interference together with the socialist country. Xi also signed a joint statement with Pakistani Prime Minister Muhammad Shehbaz Sharif about the China-Pakistan Economic Corridor (CPEC) and held talks with Tanzania President Samia Suluhu Hassan. Xi will meet with German Chancellor Olaf Scholz today. Abroad, Premier Li Keqiang and Vice Premier Han Zheng met with Shanghai Cooperation Organization (SCO) and Singapore leaders separately. Observers see the exchange with Vietnam as bullish and unusual for President Xi. The Xi-Scholz meeting is closely watched as Germany is being criticized for its dependence on China.

  • U.S. Curbs On Chinese Chips | Washington’s newly announced Chip restrictions on U.S. citizens working in the semiconductor industry are believed to be more narrowly focused than previously thought. Despite this, the U.S. is also seeking to push the Netherlands to join its technology curb on China. Some observers say President Biden’s new measures will severely undermine President Xi’s ambition to win the technological competition.

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