On July 12, the article by Prof. Zhao Minghao (Professor at the Institute of International Studies at Fudan University; iGCU Non-Resident Fellow), “A Distinction with Little Difference,” was published on China-US Focus.
Commenting on U.S. Treasury Secretary Janet Yellen’s recent visit to Beijing, Prof. Zhao reckons that the trip has advanced the economic and trade “re-engagement” process between China and the U.S. and showed a good-faith intent to enhance regular communication between their economic and trade teams.
Mentioning the nuance between“de-risking” and “decoupling”, Prof. Zhao reckons that ifboth phrases amount to a mere game of semantics, it could damage the strategic mutual trust between China and the U.S., inflame concerns, and raise costs for the business community.He concludes thatwhile Secretary Yellen made positive statements during her visit, China will remain focused on the actions of the Biden administration.
To read more, please visit: http://cn.chinausfocus.com/foreign-policy/20230712/42894.html#chneng
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