"Yellen's China Visit: Trade Battles, Traitors, and Diplomacy"

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Source: The Washington Post
"Yellen's China Visit: Trade Battles, Traitors, and Diplomacy"
Photo: The Washington Post
TL;DR Summary

China hailed the recent visit of U.S. Treasury Secretary Janet Yellen as progress toward easing tensions, but serious disagreements remain over the ground rules for the trade relationship. China is unwilling to accept the terms of economic engagement being offered and will continue to strike back at what it sees as unfair trade restrictions imposed by Washington. China's dislike of the framing of "de-risking" makes it more likely to drive a hard bargain. China is engaging in measures to confront the U.S. economy, including export controls on critical metals and lessening its dependence on American manufacturers. The visit did not include a meeting with Chinese leader Xi Jinping, who visited the military branch in charge of enforcing Beijing's claims over Taiwan. China has rapidly expanded its framework of laws and regulations as a means to fight back should the tentative détente fail.

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