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Nov 09, 2024 01:02 AM
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Caixin Summit: Expert Calls for New ‘Guardrails’ to Stabilize China-U.S. Relations

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Yan Xuetong, dean of the Institute of International Relations at Tsinghua University, speaks at the 15th Caixin Summit in Beijing on Friday
Yan Xuetong, dean of the Institute of International Relations at Tsinghua University, speaks at the 15th Caixin Summit in Beijing on Friday

China and the United States need “guardrails” in their bilateral relations, said Yan Xuetong, a leading foreign policy expert, emphasizing the importance of forming communication channels to reduce misunderstandings and avert potentially catastrophic consequences.

“Trump’s victory will heighten uncertainty, and China may need new strategies to manage it,” Yan, dean of the Institute of International Relations at Tsinghua University, said at the 15th Caixin Summit in Beijing on Friday.

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Explore the story in 30 seconds
  • Yan Xuetong stresses the need for "guardrails" in China-U.S. relations to prevent misunderstandings and conflicts, especially amidst global populism.
  • Possible Trump re-election may increase economic pressures, including tariffs on China, and highlight the necessity of strategic communication channels.
  • Economic ties, though competitive, remain crucial, and improving dialogue is vital for stability; previously, Trump reduced channels to zero from about 70, later partially restored by Biden.
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What Happened When
Before Trump took office in 2017:
The U.S. and China had around 70 official channels for consultations.
During Trump's first term:
The number of official channels for consultations between the U.S. and China dropped to zero.
After Trump's first term, by the time of President Biden:
The number of official consultation channels between the U.S. and China was restored to about 20.
AI generated, for reference only
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