The wave of current interactions, he mentioned, indicated that the 2 international locations hoped to restore ties, and there was an elevated expectation for the 2 leaders to satisfy following the high-level visits.
Wang Huiyao added that each China and the US stood to achieve from a extra secure relationship, and it was additionally within the curiosity of the worldwide group to see the world’s two largest economies get to some form of “regular relations”.
Russel mentioned current developments pointed to a “new-found Chinese language need for stability in exterior affairs”, significantly with the US.
“We’re seeing now a need to a minimum of quickly scale back rigidity, dial again harsh rhetoric, settle for high-level visits, and drop the strict linkage between ‘core pursuits’ and any cooperation by China,” he mentioned.
This shift, Russel mentioned, might be motivated by the intense financial headwinds and home issues that China was going through, or a “prudent effort” to attend out the outcomes of the US election subsequent yr.
“However in both case, ‘stabilisation’ appears to be the watchword and thus the chances favour a choice by Xi to attend APEC and maintain one other sit-down with Biden in hopes of slowing down additional American strikes to constrain China in expertise and different fields,” he mentioned.
This text was first revealed on SCMP.