U.S. President Donald Trump’s three-day summit with Chinese leader Xi Jinping in Beijing, beginning on Wednesday (13 May), comes as rivalry between the two superpowers reaches new heights, a China analyst has said.
Andrew Leung, a Hong Kong-based China specialist, told AnewZ’s Bakhtiyar Khasanov that tensions between the two countries had escalated because of American tariffs and sanctions, as well as the Iran war.
“[The meeting] comes at a time when the relationship between the United States and China, the mutual rivalry for global influence, has reached a new height, coming as it has in the wake of a series of American tariffs and sanctions,” Leung said.
He also pointed to disagreements over advanced chips needed for generative AI and cutting-edge military hardware, as well as divisions over the Iran war, as major sources of tension between the two countries.
Leung added that while China was more insulated than many countries from energy disruption caused by the U.S.-Iran conflict, upheaval in the global economy triggered by the war posed a major challenge for Beijing.
“China is more insulated from the rest because 40% of its domestic electricity supply is now accounted for renewably. And some of the external oil supply is supplied by Russia, accounting for some 18%,” he said.
“But nevertheless, it upends the world economy on which China's international trade depends, because China is more dependent on international trade than the United States.”
Taiwan is also expected to be a key issue during the meeting between the two leaders.
China and Taiwan split following the Chinese civil war in 1949. Taiwan has its own elected government, but Beijing claims the island as part of its territory and has not ruled out the use of force to take control of it.
The U.S. is bound by a 1979 law to provide Taiwan with the means to defend itself, and Xi is expected to raise objections to Washington’s arms sales to the island during his talks with Trump.
Leung said Beijing was seeking a “more robust stance” from Trump on the issue.
Britain and France have pledged stronger military support for Ukraine, including access to classified technology for Storm Shadow missile productio...
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
Türkiye and Qatar aim to boost bilateral trade to $5 billion, Turkish Trade Minister Ömer Bolat said after meeting Qatar’s Minister...
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Britain and France have pledged stronger military support for Ukraine, including access to classified technology for Storm Shadow missile production and faster deliveries of air defence missiles.
France and Saudi Arabia have agreed on plans for a $7 billion manga-themed amusement complex near Paris, inspired by the hugely popular Japanese franchise Dragon Ball Z.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 25th of August, covering the latest developments.
The United States has formally removed Syria from its list of state sponsors of terrorism, ending a designation that had been in place for nearly five decades and marking a major step in Washington's efforts to rebuild relations with the country's new leadership.
The Trump administration has announced plans to revoke the temporary visitor visas of foreign nationals who entered the United States on tourist or business visas and later sought asylum, marking the latest expansion of Washington's immigration enforcement policies.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment