Following a meeting with Xi Jinping , Secretary of State Antony Blinken reaffirmed Monday that the United States continues to uphold the “One China” policy and that it does not favour Taiwanese independence.
In a press conference on Monday, Blinken stated, “We do not favour Taiwan independence. “We continue to be opposed to any unilateral modifications made by any side to the status quo. We still anticipate the peaceful settlement of cross-strait disputes. We are still dedicated to carrying out our obligations under the Taiwan Relations Act, such as guaranteeing Taiwan’s capacity for self-defense.
Nevertheless, Blinken continued, “We and many others are deeply concerned about some of the provocative actions that China has recently taken, dating back to 2016”. And the reason this is a concern for so many nations, not just the United States, is that, should a crisis over Taiwan arise, it is likely to result in an economic crisis that may literally effect the entire globe.
“The Taiwan Strait is used by commercial container traffic daily to the tune of 50%. Taiwan is where 70% of semiconductors are produced. If a crisis was resolved offline, it would have drastic repercussions for almost every nation on the planet, he continued.
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The timing of Blinken’s remark coincides with rising Taiwan-related hostilities between China and the United States. Ten Chinese aircraft violated the Taiwan Strait’s median line twice in as many days last week, prompting Taiwan’s air force to scramble fighter jets.
There have been several recent close calls between Chinese and U.S. military aircraft, including an air intercept by a Chinese fighter jet over the South China Sea in late May. This month, the U.S. military released video of a close encounter between a Chinese navy ship and an American destroyer in the Taiwan Strait.
China has mentioned the possibility of forcible annexing Taiwan, which has self-government, as part of its own territory. Even though it recognises Beijing as the government of China, the United States nevertheless has informal contacts and military cooperation with Taiwan.
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“We are fully aware of the difficulties in this connection. We strongly and even vehemently disagree on a number of matters, Blinken continued. “The United States has a long history of using diplomacy to successfully manage complex relationships.”
According to Blinken, during his two-day visit, ties between the U.S. and China took a “positive step.” He also stated that his counterpart, Chinese Foreign Minister Qin Gang, had committed to visit Washington, D.C., in the future at a “suitable time.”
Blinken said that one of the U.S.’s objectives going into the meeting was to establish a crisis military-to-military communications channel, but China declined to do so.
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According to Blinken, the U.S. and China exchanged more than $700 billion in goods and services over the past year, marking the largest amount of trade between the two nations ever. He reaffirmed Janet Yellen, the U.S. Treasury Secretary, who said last week during testimony before Congress that it would be “disastrous” for the country to divorce from China and cease all trade and investment.
“We support diversification and risk reduction. That entails making investments in our own capabilities as well as in stable, secure supply chains, as well as advocating for equal opportunity for our employees within our businesses. defending against unfair business practises and safeguarding our vital technologies to prevent their exploitation. I made it clear that we’ll keep taking the appropriate targeted measures to safeguard American national security,” Blinken said.