In a sign of continued engagement between Beijing and Washington, Chinese Vice Premier He Lifeng, China's lead official for economic and trade affairs with the U.S., held a video call with U.S. Treasury Secretary Scott Bessent on February 21. The two leaders exchanged views on implementing the consensus reached by their respective heads of state and discussed key economic issues that define the complex bilateral relationship.
This latest conversation underscores the growing momentum in China-U.S. economic and trade dialogues. Both sides have repeatedly affirmed the importance of economic cooperation, despite persistent tensions on multiple fronts. Diplomatic engagements have taken place at various levels, ranging from trade and commerce to strategic affairs. Parallel to these economic discussions, a member of the Political Bureau of the Communist Party of China Central Committee and Chinese Foreign Minister Wang Yi recently spoke with U.S. Secretary of State Marco Rubio at Washington's request. These exchanges indicate a measured and cautious approach from both sides as they navigate a relationship now characterized by friction and strategic mistrust.
Reference(s):
Economic pragmatism or confrontation? Washington's China dilemma
cgtn.com
