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Sino-US relations are at a new historic starting point, says Xi

US President Donald Trump was a changed person in Beijing. Instead of reiterating his “currency manipulator” phrase for China, he chose to “give  great credit” to his Chinese counterpart  Xi Jinping for taking advantage of US for the benefit of its citizens.

While speaking at a joint appearance with XI in front of American and Chinese business leaders on Thursday, Trump said the US trade ties with China is “a very one sided and unfair one.” But, suddenly he said, “I don’t blame China. Who can blame a country that is able to take advantage of another country for the benefit of its citizens?  I give China great credit.”

Trump is visiting China in the third leg of his 12-day five-nation Asia tour. Earlier he visited Japan and South Korea. After China, Trump is scheduled to visit Vietnam and Philippines where he will attend US-ASEAN summit to be held in Manila on November 13 and 14.

Trump reiterated that the US must “change its policies,” but offered no details about actions he will pursue.  He alleged that the past administrations were responsible “for having allowed it to get so far out of kilter. We’ll make it fair, and it’ll be tremendous for both of us. My feeling toward you is incredibly warm. We have great chemistry. I think we’ll do tremendous things, China and the U.S.”

He further said, “We’ve gotten so far behind on trade with China and frankly many other countries.”

According to Xinhua, Xi Jinping, while speaking on the occasion, said that Sino-US relations are “at a new historic starting point”.  He further said, “China is willing to work together with the United States to respect each other, seek mutual benefit and reciprocity, focus on cooperation and manage and control differences.”

Xi further said, “The two sides agreed to increase exchanges at various levels, give a full play to the four high-level dialogue mechanisms — the diplomatic and security dialogue, the comprehensive economic dialogue, the law enforcement and cyber security dialogue, and the social and people-to-people dialogue.” 

xi jinping said that the presidents agreed that cooperation is the “only correct choice” for China and the US and a better future would only be achieved through win- win cooperation.

This indicated that a “great chemistry”  has developed between the leaders of the two most important economies of the world. Trump was vocal against China during his election campaign.

Observers have been closely watching how the two leaders will be able to cooperate on issues from North Korea, trade, cyber security amid mounting challenges. The two countries had clashed on these issues in the final years of the Obama administration.

Washington Post says that Trump is hoping to win concessions from Xi, but the Chinese leader is in a strong position after having consolidated power at a Communist Party congress last month.

US and China have announced memorandums of understanding to increase trade by $253 billion, which is considered to be a sign of greater cooperation between the two countries.

US President Donald Trump reiterated his criticism of North Korea and said he and Xi discussed their shared goal of pursuing the “complete denuclearization” of Korean peninsula. He said, “We call on all responsible nations to join together to stop arming and financing and even trading with the murderous North Korean regime.”

On September 11, CNBC had reported that Trump Organization’s Dubai based  partner Damac had signed a business deal, worth $ 32 million, with China State Construction Engineering Corporation to build the Trump world Golf Club, due to be completed in 2018. This had raised question about the Trump Organization’s pledge not to do business with foreign governments while Trump is occupying White House.

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