China’s Foreign Minister Affirms Continued Engagement with the U.S.

China’s Foreign Minister conveyed that China will actively engage with the U.S. amidst increasing trade tensions caused by U.S. tariffs. The Biden administration’s restrictions on technology sales to China are part of ongoing efforts to stifle Chinese tech progress. Despite these hurdles, China remains resilient and is developing its competitive AI technologies, highlighting their determination to navigate through these challenges.

China’s Foreign Minister stated that the nation will continue to engage with the United States amid rising trade tensions. Recently, U.S. President Donald Trump imposed an additional 10% tariff on Chinese goods, despite previous indications of a positive dialogue with Chinese President Xi Jinping. In retaliation, China has introduced tariffs up to 15% on select U.S. imports, escalating concerns of a trade conflict between the two economic powerhouses.

Furthermore, the Biden administration has reinforced restrictions on advanced technology exports to China, aiming to inhibit the development of high-tech chips for potential military use. This decision is seen as part of a broader strategy to hinder China’s technological advancements. China’s Foreign Minister, Wang Yi, noted at a conference that the country has historically thrived despite challenges.

During the Munich conference, Wang quoted classical Chinese wisdom, stating, “The movement of Heaven is full of vigour. Thus the gentleman (follows suit and) makes himself strong and untiring.” He highlighted China’s resilience against technological barriers and illustrated this with the mention of DeepSeek, an AI application that China has developed, which poses competition to U.S. AI technologies like ChatGPT.

In conclusion, recent U.S. tariffs on Chinese goods and the limitations on technology exports have heightened tensions between the two nations. Despite these challenges, China remains determined to advance its technological capabilities and adapt to the pressures imposed by the U.S. trade policies. Wang Yi’s remarks reinforce the sentiment of resilience prevalent within Chinese strategy, underscoring their commitment to engaging with the U.S. while pursuing growth and innovation.

Original Source: m.economictimes.com