U.S. Move on Taiwan Threatens World

Thomas

Situation in Taiwan Strait China-U.S. Relations

Summary:

The Taiwan question will be an important test for the U.S., because it is the most sensitive issue in Sino-U.S. relations and the foundation on which bilateral ties are based.

The presidents of China and the United States discussed bilateral relations and issues of common concern on the telephone on July 28, the second time they did so since March. Needless to say, such top-level China-U.S. exchanges are of major significance to bilateral relations and world stability in the current global situation.

The international situation highlights the need for China and the United States to fulfill their due responsibilities and cooperate in different areas, so as to maintain global stability. The risks and challenges facing the international community have become more complicated, not least because the COVID-19 pandemic remains a threat to the health and lives of people around the globe.

Also, the global impact of the protracted Russia-Ukraine conflict is being increasingly felt across the world. The disruptions in global supply chains and adjustments to industry chains have dealt a heavy blow to systems and normal operations around the globe. And the energy and food crises, and financial risks are intensifying in some countries.

Against such a backdrop, the global connotations of China-U.S. relations have become even more important, so there is an urgent need to put China-U.S. ties back on the normal track. For that, however, the two countries need to maintain regular communication and exchanges; in fact, they need to increase the frequency of candid, in-depth communication, both on bilateral and major international issues.

Indeed, communication between the two sides in different fields and at different levels have increased of late, which is good news for the world at large. But the two sides also need to shoulder their due major-country responsibilities and play their respective role as a global stabilizer.

An important premise to this is that the U.S. needs to see China in an objective, rational manner. The last two U.S. administrations have viewed and defined Sino-U.S. relations from the perspective of strategic competition, continuously hyped the so-called China threat theory, and recklessly tried to contain and suppress China in various ways.

The U.S. government's outlook on China has led to misjudgment of China's development goals and misreading of China's intentions. It has also misled the international community regarding China's initiatives and regional and global development projects. That's why Sino-U.S. relations have deteriorated dramatically and the scope for the two countries to work together to resolve global issues has shrunk. China has pointed out the U.S.' strategic mistakes many a time but to no avail.

So it's time the U.S. side faithfully implemented the consensuses the two countries' leaders have reached over the years and U.S. strategic circles developed an objective, rational outlook on China. As for the Joe Biden administration, it needs to address the domestic political and economic issues and drive some sense into the anti-China forces in the U.S.. This is the only way China and the U.S. can cooperate to boost their economies, sustain global growth and stave off risks of turbulence and recession.

The Taiwan question will be an important test for the U.S., because it is the most sensitive issue in Sino-U.S. relations and the foundation on which bilateral ties are based. But the U.S. has been frequently playing the Taiwan card and gradually upgrading exchanges with Taiwan at various levels and in various fields, undermining the political foundation of Sino-U.S. ties.

The Chinese side has repeatedly underscored the Taiwan question's importance and sensitivity in recent dialogues with the U.S. side. During the July 28 phone conversation, President Xi highlighted Beijing's position on the Taiwan question, pointing out its importance and sensitivity.

Biden, on his part, did assert that the U.S. has not changed its one-China policy and doesn't support Taiwan independence. But the U.S. side has been saying one thing and doing just the opposite, as evident from its anti-China rhetoric and actions, especially U.S. House of Representatives Speaker Nancy Pelosi's stopover in Taiwan on Aug 2 on her way to the Republic of Korea.

Therefore, the U.S. needs to honor its pledges, match its words with deeds and correct its mistakes.

In the years since the People's Republic of China and the U.S. established diplomatic relations in 1979, all U.S. administrations, both the Democratic and Republican parties and all political forces have been fully aware of the sensitivity of the Taiwan question. Even after that, if the U.S. side keeps playing the Taiwan card, it will fundamentally damage Sino-U.S. ties.

To consolidate the political foundation of Sino-U.S. ties, bilateral interactions have increased lately, albeit at a slow pace, gradually creating an atmosphere for the two sides to cooperate on common issues and maintain world stability.

Given the increasingly gloomy world economic outlook, the two sides should maintain close communication and coordinate their macroeconomic policies, taking inspiration from the Sino-U.S. policy coordination during the 2008 financial crisis which helped the global economy deal with many financial and economic challenges.

Facing the challenges created by the global energy and food crises, China and the U.S. need to strengthen collaboration through bilateral cooperation networks or multilateral platforms such as the United Nations and G20. For instance, the two sides can collaborate on projects to clear the bottlenecks of the international supply chains and provide assistance to countries suffering from shortages of grain, oil and gas, thus clearing the way to deeper cooperation in different fields, thereby boosting bilateral ties.

Source: chinausfocus.com

Risk Warnings and Investment Disclaimers

You understand and acknowledge that there is a high degree of risk involved in trading with strategies. Following any strategies or investment methodologies is the potential for loss. The content on the site is being provided by our contributors and analysts for information purposes only. You alone are solely responsible for determining whether any trading assets, or securities, or signal, or any other product is suitable for you based on your investment objectives and financial situation.

Quick Access to 7x24

Quick Access to More Editor-selected Real-time News

Full Access to Pro Video Channel

FastBull project team is dedicated to create exclusive videos

Real-Time Quotes

View more faster market quotes

More comprehensive macro data and economic indicators

Members have access to entire historical data, guests can only view the last 4 years

Member-only Database

Comprehensive forex, commodity, and equity market data

7x24

Real Time Quotes

Economic Calendar

Economic Calendar
Events
Holiday

Policy Rates

BANKS ACT (%) PREV (%) CPI (%)

English

简体中文

繁體中文

العربية

Home News Columns AI News Economic Calendar Quotes Videos Data Warehouse Analysis AI Signals Pro User Agreement Privacy Policy About Us

Risk Disclosure

The risk of loss in trading financial assets such as stocks, FX, commodities, futures, bonds, ETFs or crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

No consideration to invest should be made without thoroughly conduct your own due diligence, or consult with your financial advisors. Our web content might not suit you, since we have not known your financial condition and investment needs. It is possible that our financial information might have latency or contains inaccuracy, so you should be fully responsible for any of your transactions and investment decisions. The company will not be responsible for your capital lost.

Without getting the permission from the website, you are not allow to copy the website graphics, texts, or trade marks. Intellectual property rights in the content or data incorporated into this website belongs to its providers and exchange merchants.

Russia-Ukraine Conflict

Situation in Taiwan Strait

The Fed

China-U.S. Relations

FastBull Featured

FastBull

Devin Wang

Winkelmann

Recent Searches

Trending Searches

Quotes

7x24

U.S. Move on Taiwan Threatens World

Source: chinausfocus.com

Risk Disclosure