Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

U.S. must stop 'bullying', suppressing China's development, foreign minister says

Published 12/23/2022, 12:36 AM
Updated 12/23/2022, 02:01 AM
© Reuters. FILE PHOTO: U.S. Secretary of State Antony Blinken meets with Chinese State Counsellor and Foreign Minister Wang Yi during the 77th United Nations General Assembly in Manhattan, New York City, U.S., September 23, 2022. REUTERS/David 'Dee' Delgado/Pool

BEIJING (Reuters) -The United States must stop suppressing China's development and should not continue the "old routine of unilateral bullying", Chinese Foreign Minister Wang Yi told U.S. Secretary of State Antony Blinken.

In the latest phone correspondence between the two leaders, Wang said the United States must pay attention to China's legitimate concerns, stop curbing and suppressing its development, and not constantly challenge China's red line in a "salami-slicing” way. He was referring to the tactic of using a series of small actions to achieve a much larger result that would be difficult to achieve with a single large action.

The remarks by Wang underscored President Xi Jinping's meeting with U.S. President Joe Biden at the G20 summmit in Bali last month where they discussed a number of hot-button issues, including Taiwan. It was their first in-person talks since 2017.

China considers Taiwan its own territory and believes the United States is slowly chipping away at its core interests and challenging its bottom line, while being careful to avoid a single drastic action that could give China a clear reason to react with full force.

Biden had raised objections to China's "coercive and increasingly aggressive actions toward Taiwan," which he said undermined peace and stability across the Taiwan Strait and in the broader region, and jeopardised global prosperity.

Xi called it the "first red line" that must not be crossed in China-U.S. relations.

© Reuters. FILE PHOTO: U.S. Secretary of State Antony Blinken meets with Chinese State Counsellor and Foreign Minister Wang Yi during the 77th United Nations General Assembly in Manhattan, New York City, U.S., September 23, 2022. REUTERS/David 'Dee' Delgado/Pool

In the phone call with Blinken, Wang stressed that the two sides should focus on translating the Bali consensus of the two heads of state into practical policies and concrete actions, according to a statement from the Chinese foreign ministry on Friday.

"It is necessary to step up consultations on the guiding principles of China-U.S. relations, promote dialogue at all levels, and resolve specific issues between the two countries through joint working groups," Wang said.

(Reportiing by Beijing newsroon; Writing by Bernard Orr, Editing by Christian Schmollinger and Jacqueline Wong)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.