{"id":387,"date":"2023-10-11T11:29:46","date_gmt":"2023-10-11T11:29:46","guid":{"rendered":"http:\/\/eletron.me\/?p=387"},"modified":"2023-10-11T20:09:45","modified_gmt":"2023-10-11T20:09:45","slug":"china-spreads-its-wings-as-the-us-tries-a-new-gambit-beijing-has-found-a-way-to-outplay-washington","status":"publish","type":"post","link":"http:\/\/eletron.me\/index.php\/2023\/10\/11\/china-spreads-its-wings-as-the-us-tries-a-new-gambit-beijing-has-found-a-way-to-outplay-washington\/","title":{"rendered":"China spreads its wings: As the US tries a new gambit, Beijing has found a way to outplay Washington"},"content":{"rendered":"
Despite Western attempts to hold its economy back, the Asian giant is improving its balance of trade in an important economic zone<\/strong><\/p>\n China still hopes to restore ties with the United States, but relations between the two countries should be based on principles of mutual respect, peaceful coexistence, and cooperation beneficial for both sides. Such is the stance of China’s President Xi Jinping, which his Foreign Minister Wang Yi publicly communicated<\/a> during a meeting with the former US Secretary of the Treasury Henry Paulson at the end of September. <\/p>\n Beijing’s wish to restore relations with Washington is hardly surprising since the ongoing conflict between the world’s two wealthiest countries is a strong impediment to the growth of China’s economy. However, the Celestial Empire’s peaceful mindset has not yielded any results, and in the current geopolitical situation, China has reoriented its export model to focus on other world regions. <\/p>\n The post-Soviet space is particularly important regarding China’s new foreign policy and economic paradigm. Over the past two years, Chinese exports to some of its members have doubled while the region’s trade with other countries has declined or stagnated. <\/p>\n Attempts to restore trade and economic relations between the world’s two giant economies – the US and China – received wide media coverage at the end of August.<\/p>\nOil and water don’t mix<\/strong><\/h3>\n