U.S. Secretary of State meets Chinese leaders in Beijing
March 20, 2017 Category VIP visits, Weekly
U.S. Secretary of State Rex Tillerson wrapped up his first official visit to China on a positive note – agreeing with President Xi Jinping to build constructive bilateral ties while pledging to improve understanding and cooperation on international issues. The trip also paved the way for the first meeting between Xi and U.S. President Donald Trump in Mar-a-Lago, Florida, in early April. “You have made a lot of active efforts to achieve a smooth transition in our relationship under the new era,” Xi told Tillerson. “And I also appreciate your comment that the China-U.S. relationship can only be defined by cooperation and friendship.” Xi said the two countries could be good partners, and as long as both sides maintained this understanding, ties would proceed “in the right way”. Xi said that through telephone conversations and messages he had reached a consensus with President Trump to improve exchanges. Tillerson also held talks with Chinese State Councilor Yang Jiechi and Minister of Foreign Affairs Wang Yi.
Analysts now believe there is a favorable environment for both sides to conclude a bilateral investment deal. “They both could agree over the next six to 12 months to produce an agreement that would increase American access to China and encourage Chinese investment in the U.S. that would generate jobs,” said Dr David Lampton at the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University. Chinese companies invested a record USD45.6 billion in the U.S. economy in 2016, according to the Rhodium Group.That amount is triple the figure recorded for 2015, when USD15 billion worth of Chinese investment in the U.S. led to 13,000 full-time jobs.
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