DB Financial Investment “US-China talks, results that failed to meet low expectations

Input 2021.03.22 09:02

It is forecasted that the possibility of radical improvement in relations between the US and China is low. The high-level meeting last weekend, which was expected to be a welcome for the next meeting, was evaluated as falling below low expectations.



The first high-level US-China talks were held in Anchorage on the 18th since the inauguration of the Biden administration. On the US side, Secretary of State Blingen and National Security Adviser Sullivan participated, and on the Chinese side, Yang Jietsu’s foreign affairs officer and foreign minister Wang Yi participated in a slanderous battle. /yunhap news

On the 22nd, Kim Sun-young, a researcher at DB Financial Investment, said, “It wasn’t a real exchange of opinions, but an emotional confrontation.” He explained, “The difference between the two countries’ positions for overpowering the initiative has not been narrowed down.”

Earlier, on the 18th to 19th, high-level talks between the US and China were held in Alaska. In the United States, Secretary of State Tony Blincoln and White House National Security Adviser Jake Sullivan attended, and in China, the Communist Party’s diplomatic politician Yang Jietsu and Wang Yi, the Foreign Minister of Foreign Affairs, attended.

Researcher Kim said, “The United States mentioned human rights issues such as Xinjiang, Hong Kong, Taiwan, and cyber attacks on the United States, and China confronted criticism of the United States by addressing black human rights issues.” He added.

Meanwhile, the Chinese stock market will become resistant to liquidity gradually absorbed, but for the time being, it is expected to increase volatility due to global issues such as a rise in the standard interest rate of the Russian central bank. It was judged that it would be easier to access sector-by-sector rather than indices according to industry-specific policies released after the two sessions.

.Source