The US-China Frontier 🤝

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The US-China Frontier – The Stable Re-emergence of a High-Level Relationship

Years of Cold War-esque tension between China and the US have encapsulated global relations in the past several decades. Beginning in the 1950s after the Korean War, ideologically driven strains between the US and China’s relationship have impeded several aspects of global diplomacy. Now, in 2023, several hope that a recent meeting between China leader Xi Jinping and American diplomat Antony Blinken will begin to spur a relationship that will place differences aside. With the world hampered with new wars and destructive inflation, President Biden believed positive relations between US and China were necessary for international contributions. Some of the topics discussed at the high-stakes Beijing meeting included the re-emergence of older political contracts, promises for common ground on several areas of interest, and the distribution of fentanyl into the U.S.

After the destruction of a purported Chinese surveillance balloon in February, Chinese leaders blamed the US for weakening ties and progress that had been made in previous years. The speculation over the origins of Covid-19 also created a tougher environment for both the United States and China. With the most recent meeting between Blinken and Jinping, several anticipate a positive road to a November meeting between Biden and the CCP leader. Although with broad interpretation, Blinken reported the economic aspect of the meeting was met with an approach for “de-risking and diversifying” their engagement with China. Regardless, the meeting marks the first for the U.S. secretary of State in nearly five years, with several hoping the days of superpower antagonism ending in the distant future.

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I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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