In a significant diplomatic encounter, Han Zheng, the most senior Chinese official to attend a U.S. presidential inauguration, and Vance met to discuss a "range of topics including fentanyl, balancing trade, and regional stability," as reported by the Trump-Vance transition team. This meeting marks a pivotal moment as President Donald Trump embarks on his second term, with U.S.-China relations at a crossroads. President Xi Jinping's invitation to attend the inauguration was an exceptionally rare gesture from President Trump, signaling a potential reset in bilateral relations.
The backdrop to these discussions is Trump's campaign rhetoric threatening tariffs of upwards of 60% on Chinese imports. Beijing, under Xi's leadership, is eager to explore new avenues for cooperation with the United States, hoping to stabilize its economy and avoid a tech and trade war. Han's presence underscores China's commitment to enhancing dialogue and communication. As stated by a Beijing spokesperson, China aims to "enhance dialogue and communication, properly manage differences … and find the right way for the two countries to get along with each other."
Han Zheng's retirement from the ruling Communist Party's powerful Politburo Standing Committee in 2022 does not diminish his influence or the significance of his role in these discussions. Meanwhile, Trump's focus is expected to shift towards economic competition rather than addressing broader geopolitical concerns related to China's rise. His administration has repeatedly cited the role of Chinese suppliers in America's drug crisis as justification for potential tariff increases.
Xi Jinping perceives opportunities in Trump's presidency and has expressed a desire to reset relations. This sentiment was reflected in a phone call where Xi congratulated Trump on his reelection and expressed readiness for collaboration. "We both attach great importance to our interactions, both hope for a good start of the China-US relationship during the new US presidency, and are willing to secure greater progress in China-US relations from a new starting point," Xi remarked.
The presence of TikTok CEO Shou Zi Chew at the inauguration further highlights the complexities of US-China relations. TikTok's future in the United States remains uncertain due to ongoing security concerns surrounding its China-based parent company. In a move towards conciliation, Trump has pledged to delay enforcement of a law requiring TikTok's divestment, contingent upon improved trade relations.
Despite strained relations over various issues, including trade imbalances and regional security concerns, both nations demonstrate a willingness to engage in constructive dialogue. The inauguration event serves as a symbolic platform for these diplomatic overtures.
