Latest news with #WuXinbo
South China Morning Post
04-07-2025
- Politics
- South China Morning Post
Trump's Taiwan tightrope: Beijing seeks clarity for possible China summit, expert says
US President Donald Trump 's stance on Taiwan will be pivotal to the success of a long-awaited potential next visit to Beijing, according to a prominent Chinese scholar. Advertisement When he is in China, Trump 'should say very clearly that the US does not support Taiwan independence', said Wu Xinbo, dean of the Institute of International Studies at Fudan University in Shanghai, who added it would not be new for a US president to say that. Wu said that the national security teams from both Washington and Beijing should meet face-to-face as soon as possible to pave the way for a summit. Beijing sees Taiwan as part of China to be reunited by force if necessary. Most countries, including the United States, do not recognise Taiwan as an independent state, but Washington is opposed to any attempt to take the self-governed island by force and is committed to supplying it with weapons. Still, the US State Department in February removed a phrase on its official website that the country does not support Taiwan independence, describing the change as a 'routine' update. Advertisement 'Trump has to clarify the US position on this very important issue when he comes to China. Without that, I don't think his visit will be successful,' Wu said on Friday during Tsinghua University's World Peace Forum in Beijing, jointly organised with the Chinese People's Institute of Foreign Affairs.
Yahoo
04-07-2025
- Business
- Yahoo
China Adviser Says Time ‘Running Out' to Set Up Xi-Trump Meeting
(Bloomberg) -- The US and China need to pick up the pace of preparations if a leaders' summit is to take place in the fall, according to an adviser to the Foreign Ministry in Beijing, drawing attention to the tight timeline facing the two countries in pursuing better ties. Foreign Buyers Swoop on Cape Town Homes, Pricing Out Locals NYC Commutes Resume After Midtown Bus Terminal Crash Chaos Massachusetts to Follow NYC in Making Landlords Pay Broker Fees Struggling Downtowns Are Looking to Lure New Crowds What Gothenburg Got Out of Congestion Pricing 'If we are going to make this happen, we need to make preparations as soon as possible, and time is running out,' Wu Xinbo, director at Fudan University's Center for American Studies in Shanghai, said on Friday. Wu's message of urgency follows growing confidence that ties between the world's two biggest economies are on the mend after months of hostility and tit-for-tat tariffs. President Donald Trump and his Chinese counterpart Xi Jinping last spoke in early June. 'In the last one week, I have seen tangible progress by both sides, Beijing and Washington, in delivering what they promised to deliver,' Wu said, referring to a trade truce recently struck by the two countries. 'So that is quite a positive sign that finally we get the ball rolling,' added Wu, who last year led a group of experts in the ministry to meet politicians and business executives in the US. Beijing and Washington reached a trade framework last month following talks in London, which remains in effect through mid-August. China agreed to resume shipments of rare earths — key inputs for wind turbines, electric vehicles and military hardware. The US offered to ease some export restrictions on ethane, chip-design software and jet engine components. Signs emerged in recent weeks that both sides are beginning to deliver on their promises. Chinese rare earth magnets are flowing, although not quite to the levels seen before Beijing implemented export curbs in early April, Treasury Secretary Scott Bessent said this week. Washington has lifted recent export license requirements for chip design software sales in China, and approved American ethane exports to the Asian nation without additional approvals. Trump's administration is meanwhile reaching out to business executives to weigh interest in accompanying him on a possible trip to China this year, according to people familiar with the matter. When asked for comment, White House Press Secretary Karoline Leavitt said that a visit to China hasn't been scheduled at this point. Wu's comments, made on a panel during the World Peace Forum in Beijing, came a day after a senior Chinese official, Liu Jianchao, expressed optimism over the future of China's ties with the US. While calling a war between the two countries 'unimaginable,' Liu highlighted Taiwan and the South China Sea as possible flashpoints. Given Trump's expressed desire to meet with Xi in China this year, the two sides need to move more quickly to make that happen, according to Wu. Wu said a trip to South Korea for the Asia-Pacific Economic Cooperation summit in October could also provide an opportunity for the Republican to visit China. A next step will involve broadening discussion channels between Beijing and Washington beyond trade-focused officials to include other parts of government, including the diplomatic corps and law enforcement agencies. 'You cannot just let the two economic teams arrange for the state visit — for the summit,' Wu said. Now is the time for Wang Yi to meet with his counterpart,' he added, referring to China's foreign minister. The Shanghai-based expert on US-China relations said Trump should do two things during his visit to Beijing: clearly state that China is America's most important commercial partner; and re-affirm that the US doesn't support Taiwan's independence and favors 'China's peaceful reunification.' 'Trump, he's a smarty guy,' said Wu. 'He knows how to make a big deal for the sake of US national interests. He will say the right thing when he's in Beijing.' SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too America's Top Consumer-Sentiment Economist Is Worried How to Steal a House China's Homegrown Jewelry Superstar For Brazil's Criminals, Coffee Beans Are the Target ©2025 Bloomberg L.P. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bloomberg
04-07-2025
- Politics
- Bloomberg
China Adviser Says Time ‘Running Out' to Set Up Xi-Trump Meeting
The US and China need to pick up the pace of preparations if a leaders' summit is to take place in the fall, according to an adviser to the Foreign Ministry in Beijing, drawing attention to the tight timeline facing the two countries in pursuing better ties. 'If we are going to make this happen, we need to make preparations as soon as possible, and time is running out,' Wu Xinbo, director at Fudan University's Center for American Studies in Shanghai, said on Friday.
South China Morning Post
25-06-2025
- Politics
- South China Morning Post
Trump's Iran strikes: will short-term gains bring more long-term pain?
President Donald Trump claimed victory after US forces attacked three key nuclear sites in Iran last weekend, but the operation might not translate into diplomatic gains – at least for now, observers said. They noted that whether the fragile ceasefire between Israel and Iran would hold remained uncertain, while Trump's unpredictable rhetoric and actions were making it increasingly difficult for foreign governments, including China, to trust the United States. 'In the short-run it appeared to be a gain for Trump, as the attacks dealt a significant blow to Iran's nuclear programme, but in the long term this could also make Iran determined that the only path is to pursue nuclear weapons; otherwise it would continue to be oppressed by the US and Israel,' said Wu Xinbo, director of the Centre for American Studies at Fudan University in Shanghai. Iran's hostility with the US and Israel was unlikely to end, he added. 'Whether it is the conflict with Israel or the tensions with the US, none of these issues have been resolved … so in the short term, it may be a gain, but in the long run, it could turn into pain for the US.' CNN, citing a preliminary classified US intelligence assessment, reported on Wednesday that the US military strikes did not destroy the core components of Iran's nuclear programme but 'likely only set it back by months'.
South China Morning Post
25-06-2025
- Politics
- South China Morning Post
Trump's Iran strikes: will short-term gains end in more long-term pain?
US President Donald Trump claimed victory after US forces attacked three key nuclear sites in Iran last weekend, but the operation might not translate into diplomatic gains – at least for now, observers said. Whether the fragile ceasefire between Israel and Iran would hold remained uncertain, they added, while Trump's unpredictable rhetoric and actions made it increasingly difficult for foreign governments, including Beijing, to trust Washington. 'In the short-run it appeared to be a gain for Trump, as the attacks dealt a significant blow to Iran's nuclear programme, but in the long term this could also make Iran determined that the only path is to pursue nuclear weapons; otherwise it would continue to be oppressed by the US and Israel,' said Wu Xinbo, director of the Centre for American Studies at Fudan University in Shanghai. Tehran's hostility with the US and Israel was unlikely to end, he added. 'Whether it is the conflict with Israel or the tensions with the US, none of these issues have been resolved … so in the short term, it may be a gain, but in the long run, it could turn into pain for the US.' Citing a preliminary classified US intelligence assessment, CNN reported on Wednesday that the US military strikes on three of Iran's key nuclear facilities did not destroy the core components of the country's nuclear programme but instead likely set it back by only a few months.
