Results for: US-China Relations

Following Senate approval of a foreign aid package, Secretary of State Antony Blinken commenced a critical trip to China. The bill allocates $8 billion to counter Chinese threats in Taiwan, $26 billion for wartime assistance to Israel, and $61 billion for Ukraine’s defense. The visit, coming shortly after a conversation between President Biden and Chinese President Xi Jinping, signifies both sides’ willingness to address their differences. However, China has condemned the assistance to Taiwan and opposes efforts to force TikTok’s sale, adding further complexities to the already strained relationship.

The Senate is reconvening on Tuesday to vote on a $95 billion war aid package for Ukraine, Israel and Taiwan. The package includes $61 billion for Ukraine, $26 billion for Israel and $8 billion for Taiwan. The House of Representatives endorsed the package on Saturday after months of deliberations and internal debates within Congress. President Biden is expected to sign the package into law once it is approved by the Senate.

Antony Blinken’s talks with Chinese officials come at a critical time for U.S.-China relations, which face numerous challenges. From the Russia-Ukraine war to tensions in the Middle East and the Indo-Pacific, Blinken is expected to raise concerns about China’s support for Russia, its role in regional conflicts, and its human rights record.

According to the American Chamber of Commerce in China, tensions between Beijing and Washington continue to be a major concern for American businesses operating in China. Other concerns include unclear policies, rising labor costs, and data security issues. Despite Chinese officials claiming to welcome foreign investment, many businesses still face barriers to fair competition. Despite improvements in relations in 2023, the upcoming U.S. presidential election casts a shadow over future business prospects.