The Global Stocktake is a quinquennial assessment of the progress made on climate change action since the 2015 Paris Agreement. The two sides also discussed other global security issues, including the Russia-Ukraine War and the “provocations from the Democratic People’s Republic of Korea”. Meanwhile, a readout from the US Department of Defense (DOD) echoed the Chinese side’s position on developing the military relationship to prevent an escalation into conflict. The US side also reiterated the US’s commitment to the One China Policy, as well as the Taiwan Relations Act, the Three US-China Joint Communiques, and the Six Assurances. Senior US and Chinese defense officials met for the 2024 US-PRC Defense Policy Coordination Talks, held from January 8 to 9, 2024 at the Pentagon. In addition to the above initiatives, Yellen stated that the US and China have announced they will continue to hold technical exchanges on financial issues.
Congress’ Pentagon Frustrations Dominate Defense Confirmation Hearings
While the rule applies worldwide and does not explicitly mention China, exports or reexports of these items to China (and other countries) will require a license, with the license application to be reviewed “with a presumption of denial”. Meanwhile, exports and reexports to countries that impose export controls on conventional arms and dual-use goods and technologies (specifically, the Wassenaar Arrangement Participating States) will have their licenses reviewed with “a presumption of approval”. Answering a media question on the Biosecure Act, Chinese Foreign Ministry Spokesperson Mao Ning said that the bill was “discriminatory” and called on the US to “respect the principles of market economy and trade rules” and “stop suppressing Chinese companies under various pretexts”. On trade, Biden’s policies—such as investment restrictions on Chinese technology sectors—were start forex trading a point of friction. However, the two leaders found common ground on the importance of preventing the use of artificial intelligence in nuclear decision-making. With North Korea’s role in the Ukraine conflict raising concerns, Biden urged China to leverage its influence to prevent further escalation.
As the U.S. technology sector continues to develop, previous administrations have sought to restrict exports to protect U.S. technology from advancing the Chinese military. Congress passed the Export Control Reform Act, which gave the president authority to control U.S. exports that were seen as having a “dual-use” capacity for commercial and military purposes. Biden strengthened these restrictions as well as limited some U.S. investment in certain Chinese technologies and bulk data transfers to China. Since then, U.S. exports of goods and services to China, such as energy and manufacturing, have not returned to pre-trade war levels. The trade war that started in 2018 resulted in both countries experiencing economic pains; U.S. economic growth slowed, the trade deficit continued to grow, and studies found that U.S. companies primarily bore the cost of the tariffs. CFR Fellow for Trade Policy Inu Manak says these tariffs largely fail to divert trade away from China in a global economy.
Trump’s Deals in Asia: China, Korea, Japan The Capital Cable #124
- Trump’s approach can no longer be characterized as the United States or its allies versus China, but rather the United States versus the rest of the world.
- The agreement has led to cautious optimism among investors, with shares of major Chinese tech stocks rising 6 percent after the announcement.
- U.S. officials also fear that China’s acquisition of sensitive U.S. technology will bolster China’s military.
- In previous eras, the United States and China found ways to build a foundation on which the two countries could work together despite their disagreements.
- The other entities blacklisted are Cloudwalk Technology Co., Ltd.; Dawning Information Industry Co., Ltd.; Leon Technology Company Limited; Megvii Technology Limited; Netposa Technologies Limited; Xiamen Meiya Pico Information Co., Ltd.; and Yitu Limited.
- According to readouts from China’s commerce ministry and the US treasury department, the two sides agreed that developments in China and the US have important implications for the global economy and it’s crucial for both countries to strengthen communication and coordination of macroeconomic policies.
Washington, wary of espionage, has raised concern that U.S. companies using Chinese technology could be putting U.S. national security at risk. TikTok, the Chinese-owned social media app, has been a major target by U.S. lawmakers seeking to restrict Chinese access to Americans’ data. After Trump floated the idea of banning TikTok in his first term, Biden signed into legislation that TikTok’s parent company, Bytedance, would be required to sell the social media app to a U.S. owner or face a ban. TikTok sued the U.S. government—arguing that the forced sale is not feasible and violates the First Amendment—but the Supreme Court ultimately upheld the ban. Since then, the ban had been delayed multiple times, and in September 2025, the Trump administration announced it had reached a framework approved by Chinese President Xi Jinping to sell parts of TikTok to U.S. investors, valued at $14 billion. On Wednesday, May 18, US Security Advisor Jake Sullivan and top Chinese diplomat Yang Jiechi held a phone conversation, in which Yang stated that “the United States has taken a series of wrong words and deeds that interfere in China’s internal affairs and harm China’s interests”, according to Chinese state media.
Toward a Taiwan Truce
- Meanwhile, Chair of the PCAOB Erica Y. Williams stated that “On paper, the agreement signed today grants the PCAOB complete access to the audit work papers, audit personnel, and other information we need to inspect and investigate any firm we choose”.
- The importance of the Chinese market to US agriculture makes it a pragmatic entry point to improving US-China relations and trade ties.
- The announcement also states that technologies with dual military and civilian uses are subject to export controls.
- The exclusion covers a wide range of items from medical masks and gloves to blood pressure cuff sleeves and X-ray tables.
- A joint statement released by the Chinese Ministry of Ecology and Environment (MEE) and the US Department of State, respectively, outlines 25 points of agreement on jointly tackling the climate crisis.
The recent visits of four senior Biden administration officials to China demonstrate a commitment to maintaining cordial ties. Meanwhile, the U.S. should factor in the potential for greater geopolitical instability into its near- and long-term strategy. Changes to the international economic system will take time, particularly in China-centric supply chains or those where a relatively small number of international entities dominate key segments.
Military, police, MILF join forces in friendly basketball match – GMA News
On Sunday, China set a new heat record of 52.2C in Xinjiang Province and has experienced a series of severe heat waves and flooding in recent weeks and months. The US has seen similarly extreme weather events this year, including flooding, heat waves, and the adverse impact of wildfires in neighboring Canada. According to the readout of the meeting from the Chinese Ministry of Commerce (MOFCOM), Minister Wang expressed “serious concerns about US Section 301 tariffs on China, semiconductor policies, two-way investment restrictions, discriminatory subsidies, and sanctions on Chinese companies”.
Its recent controls on rare earths—minerals crucial to the manufacturing of automobiles, semiconductors, and military weapons worldwide—aroused alarm for the global effects it has on the technology supply chain. China produces 60 percent of the world’s rare earths and processes almost 90 percent of rare earth magnets. After the first Trump administration began a trade war with China in 2018, economic tensions between Washington and Beijing have been on the rise. Chinese officials have warned that there are “no winners” in a trade or tariff war, although President Joe Biden continued many of Trump’s policies. In his second term, Trump has escalated tariffs threats as China imposes rare-earths export controls, which created a global supply shortage for the minerals necessary to build most technologies, from semiconductor chips to electric batteries. Defense Secretary Lloyd J. Austin III spoke to Chinese Minister of National Defense General Wei Fenghe for the first time under the Biden Administration.
These rules aim to prevent U.S. investments from advancing technologies that could pose national security threats. The USCC’s recommendation underscores the increasing complexity of US-China relations, characterized by both economic interdependence and strategic rivalry. As the two nations navigate contentious issues such as trade, technology, and security, the trajectory of their relationship remains uncertain. Relations between the United States and China are beset by a minefield of disputes across a wide range of issue areas, including not just security, but also trade and technology. While it is not clear whether all these issues were discussed, we do know that among those covered were human rights, Xinjiang, Hong Kong and the South China Sea, as well as Taiwan.
Trump’s Chaotic Agenda Has a Critical Through Line
American companies are barred from doing business with companies on the entity list without first obtaining a US government license. The statement was released after John Kerry’s three-day visit to Shanghai, which was the first official trip to China by a Biden Administration official. US President Joe Biden issued a new executive order barring American investment into Chinese firms with purported ties to defense or surveillance technology sectors. China’s national legislature, the National People’s Congress (NPC), approved the Anti-Foreign Sanctions Law. The new law offers legal foundation for China to counter US and EU sanctions over trade, technology, Hong Kong, and Xinjiang. Blinken underscored US concerns over issues in Hong Kong, Xinjiang, and Taiwan and stressed the need for a second phase investigation into the origins of COVID-19.
Blinken stressed on human rights and the ongoing military coup in Myanmar, while Yang called for Washington to stop interfering in China’s internal affairs and respect China’s sovereignty. The exclusion covers a wide range of items from medical masks and gloves to blood pressure cuff sleeves and X-ray tables. The earlier tariff exclusion extension on these medical products under Trump administration’s ‘Section 301’ tariffs was set to lapse on March 31, 2021. The US Secretary of State Antony Blinken and National Security Advisor Jake Sullivan will meet with China’s most senior foreign policy official, Yang Jiechi, and Foreign Minister Wang Yi in Anchorage, Alaska on March 18, according to the US State Department. The Chinese embassy in Washington expressed “strong concern” and “firm opposition” to the joint statement, saying China will firmly safeguard its national sovereignty, security, and development interests. China’s state-run Xinhua News Agency reported the two sides exchanged views on the macroeconomic situation and on the cooperation between the US and China.
Some newly added firms are affiliates of companies that are already on the Entity List, including Hikmicro, a subsidiary of Hikvision, which was on the list in 2019. The US Department of Commerce announced that it had added 34 Chinese entities and research institutes to the Entity List for their “support of China’s military modernization” or being “a part of a network used to supply or attempt to supply Iran with US-origin items”. The Chinese entities being flagged by the UVL overlap with those on the so-called Entity List and “military end-user” list, which include Hytera Communication Group (a supplier of professional mobile radio systems, also known as walkie-talkies) and the Southern University of Science and Technology in Shenzhen, according to SCMP.
Federal Statistics For Economic Security
The US and China saw their rivalry reach new heights in 2021 as both countries embarked on trade, defense and diplomatic policies marked by increased suspicion and antagonism. In this context, policymakers and strategists in both China and the United States have a rare opportunity to temper their attitudes toward each other. Washington could reassess the dominant perception that China seeks to overthrow U.S. global leadership. A change in narratives will help move past the hostility that has prevented the two sides from working together more productively. Although strategists and policymakers in Washington and Beijing alike tend to blame the deterioration in U.S.-Chinese relations on hostile policies from the other side, an alternative explanation is that the old model of globalization became unsustainable. The security architecture of the Middle East has undergone rapid transformations in an exceptionally short period.
The panel will also discuss the role of other major powers, including China and Russia in shaping this new security environment in the region, and how the Biden administration will respond to these powers’ increasing regional presence. As the global power structure continues to shift, it is essential to analyze the future of the US regional presence under the Biden administration, explore the emerging global rivalry with Russia and China, and at last, investigate the implications of such competition for peace and security in the Middle East. The relationship between the United States and China has deteriorated to its lowest point in decades—complicated by a more confident China that is bolstered and proud of its economic success, a shift in the international system toward multipolarity and further exacerbated by the COVID 19 pandemic.
The agreement comes ahead of the planned meeting between President Xi Jinping and President Joe Biden in San Francisco on Wednesday, November 15. In the suit, TikTok argued that the bill “infringes on its First Amendment right to make editorial choices over content curation”, while the users argued that “their right to speak on the platform is limited by the bill”. In its conclusion, the preliminary injunction found that the bill “limits constitutionally protected First Amendment speech”, and that it “oversteps state power and infringes on the Constitutional rights of users and businesses”. The law made it illegal for mobile app stores, such as Apple’s App Store and Google Play, to host TikTok on their platforms. This was the first such bill passed into law by a US state, although the app had already been banned on government devices. The Biden administration argues that China’s subsidies and incentives to the domestic steel and aluminum industry artificially lower the prices of Chinese products, thereby undercutting US producers.
Meanwhile, the FMPRC wrote that “Biden reiterated that the US does not seek a new Cold War with China; it does not aim to change China’s system; the revitalization of its alliances is not targeted at China; the US does not support “Taiwan independence”; and it has no intention to seek a conflict with China”. The Office of the United States Trade Representative (USTR) announced that it would reinstate tariff exemptions on 352 Chinese products. The tariff exclusions had on these products had expired in 2019 and 2020, and were reinstated after consultation with US agencies and the public.