Latest news with #DavidPerdue
Reuters
4 hours ago
- Business
- Reuters
China tells US envoy Washington must get ties back on 'right track'
BEIJING, June 3 (Reuters) - The U.S. should create the necessary conditions for bilateral relations to get back onto "the right track," China's Foreign Minister Wang Yi told the U.S. ambassador to Beijing on Tuesday, according to a ministry statement. After trade talks last month in Geneva, China has "conscientiously and strictly" implemented the consensus reached by both sides, but it is "regrettable that the U.S. recently introduced a series of 'negative' measures", which China firmly opposes, Wang told Ambassador David Perdue. Bilateral relations are at a critical juncture, and dialogue and cooperation are "the only correct choice," Wang said. Perdue said in an X post after the meeting that he had emphasized U.S. President Donald Trump's priorities on trade, fentanyl, and illegal immigration, adding that "communication is vital" to U.S.-China relations. Trump on Friday accused China of violating a bilateral deal to roll back tariffs and trade restrictions，and the U.S. has ordered curbs on chip design software and other shipments to China. The Geneva truce to dial back triple-digit tariffs for 90 days prompted a massive relief rally in global stocks. But it did nothing to address the underlying reasons for Trump's tariffs on Chinese goods, mainly longstanding U.S. complaints about China's state-dominated, export-driven economic model. Senior U.S. officials have said this week that Trump and Chinese President Xi Jinping would speak soon to iron out trade issues, including a dispute over critical minerals and China's restrictions on exports of certain minerals. White House Press Secretary Karoline Leavitt told a regular news briefing on Tuesday the Trump administration "is actively monitoring China's compliance with the Geneva trade agreement," and added that "there will be a leader to leader talk very soon."
South China Morning Post
23-05-2025
- Business
- South China Morning Post
In further high-level exchange amid tech tension, China and US say channels remain open
Chinese vice-foreign minister Ma Zhaoxu and his US counterpart Christopher Landau held a phone call on Thursday, according to Beijing's foreign ministry. 'They exchanged views on China-US relations and important issues of common concern. Both sides agreed to continue to maintain communication,' the ministry said in a readout released on Friday morning. 01:26 Trump's Golden Dome shows US 'obsessed with absolute security', China says Trump's Golden Dome shows US 'obsessed with absolute security', China says In a separate readout, the US state department said the two officials discussed 'a wide range of issues of mutual interest'. 'They acknowledged the importance of the bilateral relationship to the people of both countries and the world … and agreed on the importance of keeping open lines of communication,' it said. The phone call came after Ma met newly arrived US envoy to China, David Perdue, in Beijing on Tuesday, where they held 'candid and in-depth' exchanges on bilateral issues. These high-level exchanges come amid continued clashes between the US and China on multiple fronts under President Donald Trump's 'America First' policy. Beijing was the country hardest hit as Trump targeted trade partners with high levies on April 2, until an agreement this month temporarily eased these tariffs to pave the way for future trade talks.
South China Morning Post
21-05-2025
- Business
- South China Morning Post
Beijing vows tit-for-tat in chip war, top US-China diplomats meet: SCMP daily highlights
Catch up on some of SCMP's biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing Beijing has vowed to hit back at the United States' attempts to ban Chinese-made chips, warning of legal repercussions if the guidelines are enforced. Vice-Minister of Foreign Affairs Ma Zhaoxu held a 'candid and in-depth' discussion with newly arrived US ambassador to China David Perdue on Tuesday as trade tensions persisted. A Disney fan wearing Hanfu dress poses for photos in Shanghai Disneyland on May 26, 2023. Photo: Xiaohongshu Increasing tourism demand in the world's second-biggest economy is fuelling a boom in international amusement parks in China's gateway megacity, turning Shanghai into a rising global star in themed entertainment, analysts said.
South China Morning Post
21-05-2025
- Business
- South China Morning Post
US envoy holds ‘candid' first talks with senior Chinese official as trade tensions persist
Vice-Minister of Foreign Affairs Ma Zhaoxu held a 'candid and in-depth' discussion with newly arrived US ambassador to China David Perdue on Tuesday as trade tensions persisted. This marked the US envoy's first meeting with a senior Chinese official since assuming his post in Beijing last week. The two sides had a 'candid and in-depth' exchange of views on China-US relations and important issues of mutual concern, according to a statement from China's foreign ministry. 'China views and handles China-US relations in accordance with the three principles of mutual respect, peaceful coexistence and win-win cooperation proposed by Chinese President Xi Jinping, and firmly safeguards its sovereignty, security and development interests,' Ma was quoted as saying in the statement. 'We hope that the US will meet China halfway to jointly promote the stable, healthy and sustainable development of China-US relations.' The meeting took place after a high-stakes agreement between Beijing and Washington in Geneva earlier this month to temporarily reduce tariffs on each other for 90 days. The unexpected truce came after rounds of tit-for-tat levies between the two nations sparked by Trump's launch of a global tariff war on April 2.
Forbes
15-05-2025
- Business
- Forbes
New U.S. Ambassador To China David Perdue Takes Up Beijing Post
U.S. Secretary of State Marco Rubio (R) swears in David Perdue (C) as U.S. Ambassador to China as ... More U.S. President Donald Trump looks on during a ceremony in the Oval Office at the White House on May 07, 2025 in Washington, DC. Perdue, a former Republican Senator and past critic of China, was confirmed by a vote of 67 to 29 amid a tense trade war between the two countries. (Photo by) Newly confirmed U.S. Ambassador to China David Perdue took up his post in Beijing today amid tariff and other disputes between the U.S. and China that have strained business and other ties between the two sides. 'I arrived in Beijing today," the American representative said in a post on X. "It is an honor to represent President Trump as the U.S. Ambassador to China. I am ready to get to work here and make America safer, stronger, and more prosperous." Perdue, 75, was confirmed by the Senate as U.S. Ambassador to China on April 29. He was previously a U.S. Senator from Georgia in 2015-2021. Earlier in his career, well-traveled Perdue spent over four decades as an American business executive, living in France, Singapore, and the U.S. as well as Hong Kong where he led Asia operations for Sara Lee Corporation, according to his embassy biography. Later, he was president of the Reebok athletic brand and chairman and CEO of Dollar General stores. The Georgia native grew up on his family's farm. He holds a bachelor of industrial engineering and a master of science in operations research from Georgia Tech. Perdue and his wife met in the first grade and have been married for more than 50 years, the biography said. Xinhua News Agency said in a report yesterday China is willing to 'provide facilitation' to Perdue in performing his duties. "China's position on the China-U.S. relations is consistent," Foreign Ministry Spokesperson Lin Jian said in response to question about Perdue's arrival, according to the Chinese news agency. Perdue's predecessor Nick Burns is currently a professor at the Harvard University and a vice chairman of the Cohen Group, a Washington-based consultancy. American Business Group Lauds U.S.-China Trade Agreement; Stocks Soar Thousands Line Up In D.C. For Chinese Cultural Tour Despite Tensions Former Chinese Shopping Mall Billionaire Detained
