Current:Home > StocksUS-China relations are defined by rivalry but must include engagement, American ambassador says -Mastery Money Tools
US-China relations are defined by rivalry but must include engagement, American ambassador says
View
Date:2025-04-13 13:59:57
WASHINGTON (AP) — The U.S.-China relationship will be defined by strategic competition in the coming decades but must involve engagement when the interests of the two countries align, the U.S. ambassador to China said Friday, one month after President Joe Biden met with Chinese President Xi Jinping to stabilize the fraught relations.
Nicholas Burns said the U.S. and China are “vying for global power as well as regional power” as they compete militarily, politically and economically.
“I think we are systematic rivals, if you think about our national security and economic and political interests around the world,” Burns said at the Brookings Institution, a Washington-based think tank.
Yet, the two countries need to work together on issues such as climate change, narcotics, global health and food security, he said.
“No person in their right mind should want this relationship to end up in conflict or in war,” he said. “So we’re going to develop a relationship where we can compete, but, as the president says, to compete responsibly, drive down the probability of a conflict and bring our people together in a balanced relationship is one way to do that.”
Washington is recalibrating its relationship with Beijing after several years of tumult that began with the imposition of tariffs on Chinese goods under the Trump administration. Ties further deteriorated over the COVID-19 pandemic and military tensions in the South China Sea and in the Taiwan Strait.
Last month, Biden met with Xi in Woodside, California, on the sidelines of the Asia-Pacific Economic Cooperation summit. The two leaders vowed to stabilize relations and agreed to combat illegal fentanyl and reestablish military communications.
But differences on economic competition and global security remain.
On Thursday night, Treasury Secretary Janet Yellen told the U.S.-China Business Council the Biden administration seeks to strengthen relationships with like-minded nations but also has established economic working groups with China to exchange information.
The Biden administration has kept the tariffs slapped on some Chinese goods by the previous administration and has tightened export controls and investments in high-tech areas such as advanced chips.
Xi also sent a letter to the business council, urging the group and its members to “build more bridges for friendly exchange” and expand cooperation. He vowed to build a better business environment in China.
“The Chinese-style modernization will create more opportunities for global businesses including U.S. companies,” Xi’s letter said.
China’s economy slowed in the third quarter, as global demand for its exports faltered and the ailing property sector sank deeper into crisis.
veryGood! (85)
Related
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Researchers Find No Shortcuts for Spotting Wells That Leak the Most Methane
- The 5-minute daily playtime ritual that can get your kids to listen better
- Today’s Climate: July 26, 2010
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Are Democrats Fumbling Away a Potent Clean Energy Offense?
- Brain Cells In A Dish Play Pong And Other Brain Adventures
- Dearest Readers, Let's Fact-Check Queen Charlotte: A Bridgerton Story, Shall We?
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Climate Legal Paradox: Judges Issue Dueling Rulings for Cities Suing Fossil Fuel Companies
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- 24 Mother’s Day Gifts From Amazon That Look Way More Expensive Than They Actually Are
- Former Trump attorney Timothy Parlatore thinks Trump could be indicted in Florida
- Orlando Bloom Lights Up Like a Firework Over Katy Perry's Coronation Performance
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- All Biomass Is Not Created Equal, At Least in Massachusetts
- Christian McCaffrey's Birthday Tribute to Fiancée Olivia Culpo Is a Complete Touchdown
- Shakira Seemingly References Gerard Piqué Breakup During Billboard’s Latin Women in Music Gala
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Two-thirds of Americans now have a dim view of tipping, survey shows
Allergic To Cats? There's Hope Yet!
Breakthrough Solar Plant Stores Energy for Days
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
In California, Climate Change Is an ‘Immediate and Escalating’ Threat
Amazon Fires Spark Growing International Criticism of Brazil
Are We Ready for Another COVID Surge?