- The markets are probably watching the diplomatic meetings between China and the US more carefully than ever before.
- A comparison of the official diplomatic statements of the United States and China following the Blinkin-Wang meeting shows differences in content and tone.
Stephanie Reynolds | AFP | Getty Images
The high-level meetings between China and the United States are once again the heart of the markets, and the official announcements that followed these meetings are analyzed by some investors such as the Fed minutes.
Investors want to see where the relationship is headed, so it’s important that Washington’s diplomatic diplomacy differs from Beijing’s, both in content and tone.
US Secretary of State Antony Blinken and senior Chinese diplomat Wang Yi met last weekend in Germany to discuss Ukraine, Taiwan and the intrusion this month of US airspace by a Chinese “spy balloon” — and its downing by the US.
Here is a comparison of the official diplomatic statements of the United States and China that followed the Blinkin-Wang meeting.
US Department of State: The minister directly spoke of the unacceptable violation of US sovereignty and international law by the People’s Republic of China’s high-altitude observation balloon in the territorial airspace of the United States, stressing that this irresponsible act must not be repeated again. The Secretary made it clear that the United States will not tolerate any violation of our sovereignty and that the People’s Republic of China’s high-altitude observation balloon program, which has penetrated the airspace of more than 40 countries across five continents, has been demonstrated. In the world.
Chinese Ministry of Foreign Affairs: Explaining China’s consistent position on the so-called “balloon incident”, Wang Yi pointed out that what the US side did was apparently an abuse of force and a violation of international customary practices and the International Civil Aviation Charter. China strongly condemns and protests against it. The United States is actually the first country to be spotted, having illegally flown its balloons at high altitude over China on several occasions. The United States is not in a position to discredit China. What the United States should do is show sincerity, acknowledge and resolve the damage caused by the abuse of force to China-US relations. If the US side continues to discuss, dramatize and escalate the inadvertent and isolated incident, the Chinese side should not expect it to back down. The American side must be ready to bear all the consequences of escalation.
US Department of State: On Russia’s brutal war against Ukraine, the minister warned of repercussions and consequences if China provides material support to Russia or helps systematically circumvent sanctions.
Chinese Ministry of Foreign Affairs: Wang Yi emphasized that China adheres to the principles on the Ukraine issue. China is committed to promoting peace talks and has played a constructive role. The comprehensive strategic partnership of coordination between China and Russia is based on non-alliance, non-confrontation, and non-targeting of third countries, which is the sovereign right of two independent countries. We do not accept pointing fingers at the United States or even coercing China-Russia relations. The United States, as a great country, has every reason to work for a political settlement to the crisis rather than fanning the flames or profiting from it.
US Department of State: The minister reiterated that there has been no change in the one-China policy of the United States, and stressed the importance of maintaining peace and stability across the Taiwan Straits.
Chinese Ministry of Foreign Affairs: Wang Yi stressed that maintaining stability across the Taiwan Strait requires firmly opposing “Taiwan independence” and adhering to the one-China principle. On the Taiwan issue, the US side should respect historical facts, honor its political commitments, and follow through on its statement of “not supporting Taiwan independence.”
US Department of State: The foreign minister condemned today’s test of an ICBM by the Democratic People’s Republic of Korea as Pyongyang’s latest destabilizing act, and stressed the need for responsible authorities to respond to these major international challenges.
Chinese Ministry of Foreign Affairs: The ministry did not mention North Korea.