Xi calls for economic exchanges with Taiwan before meeting with Biden

Xi urged more efforts "to facilitate economic exchanges and cooperation and advance integrated development in all fields across the strait," the official Xinhua News Agency reported

Xi Jinping
Photo: Bloomberg
Bloomberg
3 min read Last Updated : Nov 15 2023 | 8:34 AM IST
By Bloomberg News

Chinese leader Xi Jinping called for boosting economic links with Taiwan just before he headed to the US for talks with President Joe Biden, comments that contrast with some of the fiery rhetoric he’s used in the past about the island.
 
Xi urged more efforts “to facilitate economic exchanges and cooperation and advance integrated development in all fields across the strait,” the official Xinhua News Agency reported.

Businesspeople should help “promote the peaceful and integrated development of cross-strait relations and realize China’s reunification and the rejuvenation of the Chinese nation,” Xi said in a letter he sent Tuesday to summit of entrepreneurs in Nanjing.

The remarks underscore efforts by China and the US to reduce tensions in their difficult relationship. They also come after Charles Q. Brown Jr., chairman of the Joint Chiefs of Staff, said last week that he doubts Beijing plans to try to take control of Taiwan by force.

Taiwan’s status is one of the most contentious aspects of the China-US relationship. In a speech in 2021 marking the Communist Party’s 100-year anniversary, Xi called Beijing’s quest to gain control of Taiwan a “historic mission.” He said attempts by other nations to bully China “will surely break their heads on the steel Great Wall built with the blood and flesh of 1.4 billion of Chinese people.”

Biden has repeatedly said the US would defend Taiwan if China were to attack, and his administration has made improving the democracy’s defenses a priority.

Both China and the US have reasons to stabilize ties now after they sank to the lowest level in decades over issues such as trade, semiconductors and espionage. Xi is preoccupied with an economic recovery hobbled by a property crisis, and Biden is gearing up for a tough reelection campaign, while also dealing with the war in Ukraine and the Gaza crisis.

China has said in the past that it prefers to bring Taiwan under its control by peaceful means, but hasn’t ruled out using its military to enforce its claim. In March, former Chinese Premier Li Keqiang told lawmakers that his nation should “advance the process of China’s peaceful reunification.”

Earlier this year, Beijing rolled out a plan to foster closer economic integration between the island and Fujian, the coastal Chinese province that sits across the Taiwan Strait from the island of 23 million people. Beijing hails such measures as benefiting people on both sides, but they are largely ignored in Taipei.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Joe BidenXi JinpingUS ChinaTaiwan

First Published: Nov 15 2023 | 8:34 AM IST

Next Story