Cocaine taunts and tech tensions haunt SecYellen’s China trip
“We seek healthy economic competition that is not winner-take-all but that, with a fair set of rules, can benefit both countries over time,” Yellen told Chinese Premier Li Qiang. “The United States will, in certain circumstances, need to pursue targeted actions to protect its national security. And we may disagree in these instances. However, we should not allow any disagreement to lead to misunderstandings that unnecessarily worsen our bilateral economic and financial relationship.
“We don’t use it in huge quantities, but still it’s very relevant,” the European Commission’s Kerstin Jorna, the lead official for the European Union’s internal market, said Wednesday. “Gallium is for integrated circuits, in particular chips — essential. Germanium is for fiber optics and optics in general; 90% comes from China. [With respect to] Gallium, China is the only [source] in the world — so it's a single point of failure, if that doesn’t work — that produces primary gallium.
“Whether it is a precise counterattack against the discriminatory policies of the U.S., Japan, and the Netherlands toward China can be left for them to ponder,” the Global Times wrote in an unsigned editorial. “When the U.S. treats China in this way, it should not expect China to remain silent and not fight back; that is impossible.”
China suspended “counternarcotics cooperation” and other initiatives to coordinate against transnational crime last year in retaliation for then-Speaker Nancy Pelosi’s visit to Taiwan. And Chinese state media counterprogrammed the U.S. message with taunts about the recent discovery of cocaine at the White House.
“We know that there are some in the West calling for ‘de-risking’ and ‘reducing reliance,’ I think these two phrases are false propositions,” Qiang told a World Economic Forum audience late last month. “The government or any relevant organizations should not be in the way, to expand, politicize or turn the risks into an ideological fight. This would bring many problems.”
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