Dear Focus Reader,
After a turbulent year in China-U.S. relations, 2023 seems to be culminating on a more positive note. Presidents Joe Biden and Xi Jinping had their long-awaited in-person meeting on the sidelines of the APEC Summit in San Francisco last month, following a series of high-level dialogues. And this week, top military officers from both nations ended the freeze on contact, holding a virtual teleconference, after Xi and Biden promised to resume military-to-military ties during their discussions.
The video meeting was the first such since military relations were severed by Beijing after then-House of Representatives Speaker Nancy Pelosi visited Taiwan in August 2022.
The two military officials discussed "the importance of working together to responsibly manage competition, avoid miscalculations, and maintain open and direct lines of communication," and touched on "a number of global and regional security issues."
On Thursday, U.S. Treasury Secretary Janet Yellen also delineated the administration's strategy for navigating relations with China in the upcoming presidential election year, placing emphasis on minimizing misunderstandings that could inflame tensions.
"Continuing to stabilize our relationship to prevent escalation won't make news," Yellen said. "But our economies, our people…and people around the world will be safer and more secure."
Our team will be off next week, but we'll be back the first week of January to keep you updated on all things China-U.S. relations. For now, check out our latest Focus content, including topics on business in China, the U.S. economy, and China-U.S. cooperation on AI.
We wish everyone a safe and warm holiday season!
The number of American students China has pledged to invite in the next five years to boost exchanges.
Read more in "San Francisco Signified a key Watershed in Chinese Diplomacy" by Brian Wong, Assistant Professor in Philosophy at HKU and Rhodes Scholar.
Very Hong Kong Christmas | Hong Kong StoryWatch Video
In our Focus Insights section, we shared an article by China Construction Bank Research Institute Senior Fellow Yu Xiang on the current state of the U.S. economy.
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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 and the U.S. every week. It is a community space to exchange thoughts and ideas about the China-U.S. relationship and beyond.