China and the United States are expected to hold their first meeting on the Phase One trade deal since the start of Biden's presidency. U.S. Trade Representative Katherine Tai will meet her counterpart, Chinese vice-premier Liu He, "soon", according to media reports, to monitor the progress of the agreement and China's commitments. "It is our responsibility in the Biden-Harris administration to carry forward the relationship, where we do not shy away from being tough, but where we also know we must be fair and must be future focus-oriented," Tai said on Wednesday. The agreement requires that officials from both sides meet every six months to review the deal's progress.
When the deal was struck in 2019, China pledged to increase imports, including agricultural goods and industrial products, to at least $200 billion over the following two years. But since the pandemic began, China's imports have fallen short. The conversation will likely address how to move forward, despite those challenges.
As trade dialogues may soon be underway, the top diplomats from China and the U.S. attended a virtual United Nations Security Council event Friday. China led the meeting, as it currently holds the rotating presidency of the Security Council for the month. U.S. Secretary of State Antony Blinken, China's Foreign Minister Wang Yi, and other foreign leaders discussed regional and international security crises, jointly urging strengthened global cooperation while sparring over their different world views and who's to blame for threats to multilateralism. "Now, some question whether multilateral cooperation is still possible. The United States believes it is not only possible, it is imperative," said Blinken, while Wang noted "I'm sure all countries would like to see the United States changing course and make a real contribution to practicing multilateralism." Read more on the West's strategy towards China in U.S. and EU's Strategy for China: Irreconcilable Differences?, from Francesca Ghiretti, Leverhulme Doctoral Fellow at King's College London.
Prepared by China-US Focus editorial teams in Hong Kong and New York, this weekly newsletter offers you snap shots of latest trends and developments emerging from China every week, while adding a dose of historical perspective.