My Blog
Business

China’s leadership reshuffle puts greater weight on relations with the U.S.

China’s leadership reshuffle puts greater weight on relations with the U.S.
China’s leadership reshuffle puts greater weight on relations with the U.S.


U.S. Secretary of State Antony Blinken (L) met with Chinese Foreign Minister Wang Yi on the sidelines of the 77th session of the United Nations General Assembly at UN headquarters in New York City on September 23, 2022.

David Dee Delgado | Afp | Getty Images

BEIJING — China’s latest leadership appointments point to greater emphasis on relations with the U.S.

Foreign Minister Wang Yi joined the new Politburo, the second-highest level of power, state media announced Sunday. That’s despite expectations he might retire.

The changes showed that Yang Jiechi, a long-time diplomat closely involved with U.S.-China relations, did not stay on in the Politburo. Yang has headed the party’s central committee foreign affairs office and was widely expected to retire.

Qin Gang, China’s ambassador to the U.S., also made the list of new central committee members released Saturday.

Qin has actively reached out to American society and businesses, while Wang’s comments during a recent trip to New York “indicates there is a desire to draw back from the intensely competitive relationship with the United States,” said Dali Yang, political science professor at The University of Chicago.

“I think there may be a chance to certainly ease the tensions, hopefully, given the challenges China faces in keeping the Chinese economy growing,” Yang said.

He pointed out that the 1970s, during the Cultural Revolution, was another tough period for China’s economy, but it was during that time that Chinese leader Mao Zedong decided to reach out to the U.S.

Why China has emerged as a key issue in this year's midterms

The global pandemic that began in early 2020 has restricted international travel and China’s tight Covid controls have made it difficult for diplomats to meet.

Chinese President Xi Jinping and U.S. President Joe Biden have yet to meet in person since Biden took office. The two men had previously met while Biden held other government roles.

Biden has said he would meet with Xi if the Chinese leader attended the G-20 summit in November.

When asked last week, China’s Ministry of Foreign Affairs declined to confirm Xi’s attendance, but said it would release an update in time.

Russia-Ukraine war adds to tensions

Qi Yu, party secretary of China’s foreign ministry, was also named to the central committee, state media announced Saturday.

Read more about China from CNBC Pro

Tensions between the U.S. and China escalated during the Trump administration, which used tariffs and sanctions to pressure China over criticism of unfair business practices.

The Biden administration subsequently said the U.S. is in competition with China, and rolled out many new restrictions, including this month a near-ban on U.S. companies selling advanced chip tech to Chinese businesses.

The Biden administration has meanwhile strengthened its ties with allies, especially after Russia invaded Ukraine in February. China, which hosted Russian President Vladimir Putin earlier that month, has refused to call the attack an invasion.

However, there are some signs that China’s relationship with Russia has cooled slightly.

Le Yucheng, a vice foreign minister who’d said in December 2021 that there is “no limit” to China’s friendship with Russia, was removed from his post in June. He was instead made deputy head of the National Radio and Television Administration, with no explanation.

Related posts

4 best success tips CEOs shared this year—from Tim Cook to Beth Ford

newsconquest

CVS is considering a break up. Here’s why that could be risky

newsconquest

Alibaba declares fourth quarter profits

newsconquest