With the end of US Treasury Secretary Yellen's visit to China, US Secretary of State Lincoln will also start a visit to China in the near future. Well, Blinken is coming this time China What is the purpose? What kind of "demotion" did the Chinese side give the US?

Recently U.S. Treasury Secretary Yellen , launched her second visit to China, which attracted wide attention from the international community. As the first ministerial official of the Biden administration who has set foot in China twice, Yellen's visit to China is of great importance. Every step of her action is regarded as an important vane for the direction of China US relations.

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In particular, when talking about Sino US trade, Yellen acknowledged that some of the tariffs imposed by the United States on China did impose a burden on American enterprises and consumers, and expressed willingness to further communicate and negotiate on this issue. Obviously, from Yellen's statement, we can see some changes in the attitude of the United States. Of course, this is not enough to make up for the current contradictions between China and the United States, and the next path of bilateral relations is crucial.

In fact, in addition to Yellen's visit to China, the United States secretary of state Blinken also plans to visit China. According to US media reports, Blinken will start a four-day visit to China on April 23. In response, Matthew Miller, spokesman of the US State Department, hinted at the briefing that Blinken would raise "American concerns" to China during this visit, that is, the so-called "China is helping Russia build its defense industrial base".

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As you know, Blinken's statement was put forward at a meeting with NATO foreign ministers in Brussels earlier this month. He plans to discuss China Russia cooperation when meeting with the foreign ministers of G7 developed economies. Obviously, this series of actions of the US government shows that the US side is highly alert to the cooperative relations between China and Russia and is ready to express its concerns on international occasions.

Of course, the United States' accusation of China is pure slander. It is obviously untenable to call the so-called "Chinese entities assemble UAVs in Russia" and China's export of integrated circuits and industrial equipment to Russia "China helps Russia in the war". China has stressed on more than one occasion that China will not and has not provided weapons and ammunition to any party, and China urges the United States not to "stigmatize" the normal cooperative relations between China and Russia.

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In view of Blinken's bad intentions, the Chinese side first gave the US a "threat". The latest data released by the US Treasury Department shows the holdings of US Treasuries by major economies in the world in February 2024. Among them, China reduced its holdings of US Treasuries in February by US $22.7 billion, reducing its holdings to US $775 billion. You should know that this is the second consecutive month that China has reduced its holdings of U.S. debt since January, and since April 2022, China's holdings of U.S. debt have been less than $1 trillion, and have generally maintained a downward trend.

Interestingly, under the background that US Treasury Secretary Yellen ended his visit to China and China continued to reduce its holdings of US debt, US President Biden could not sit still. On April 17 local time, the US Trade Representative Office announced that it had launched a "301 investigation" on China's maritime, logistics and shipbuilding industries. The so-called "301 investigation", in plain terms, is a tool for the United States to exercise long arm jurisdiction over other countries, and is a reflection of the "politicization" of economic and trade issues.

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In fact, after the "trade war" with China, the U.S. unemployment rate is rising and inflation is high, the Biden government intends to increase the weight of Chinese enterprises at one time, so as to give itself a decent "step" in the failure to compete with China. However, Biden hurried to find a step for himself, but he did not realize that China is the party that really holds the "step". The best solution for the United States to solve the economic crisis is to cooperate with China on an equal and mutually beneficial basis.