China’s new ambassador to the U.S. comes to ‘safeguard’ Beijing’s pursuits

China’s new ambassador to the U.S. comes to ‘safeguard’ Beijing’s pursuits


Xie Feng, China’s new ambassador to the U.S., addresses the media as he comes at JFK airport in New York Town, May perhaps 23, 2023.

Brendan McDermid | Reuters

China’s new ambassador to the U.S. arrived in New York Tuesday with a phone to “safeguard the interests of China,” according to a release from the country’s embassy in the U.S.

Xie Feng assumes office right after a period of time of about 6 months in which China has experienced no ambassador to the U.S. He was most not too long ago a vice international minister.

Xie reported Tuesday the bilateral romantic relationship faces “significant troubles and problems,” and his mission is to “enrich China-U.S. exchanges and cooperation,” the launch claimed in English.

The U.S. Division of Condition did not instantly react to a CNBC ask for for remark.

The prior ambassador, Qin Gang, was promoted in December to turn out to be China’s new international minister. Before this thirty day period, Qin achieved U.S. Ambassador to China Nicholas Burns in Beijing for the initial time.

China's Micron ban is 'peanuts' compared to U.S. sanctions against China, says Yale's Stephen Roach

Tensions concerning the two nations around the world escalated in February soon after the U.S. shot down an alleged Chinese spy balloon above American airspace. U.S. Secretary of Condition Antony Blinken experienced prepared to go to Beijing all-around that time, but determined to postpone the trip just after the balloon incident.

In excess of the weekend, U.S. President Joe Biden mentioned individuals tensions would “get started to thaw incredibly soon.”

“We are not wanting to decouple from China, we’re seeking to de-threat and diversify our marriage with China,” Biden instructed reporters pursuing the Team of Seven conference in Hiroshima, Japan, in accordance to a White Dwelling transcript.

The most optimistic situation for a ‘thaw’ is only a halt in the decline of relations.

He did not examine prospective new policies restricting U.S. businesses’ investment in innovative Chinese know-how.

“The most optimistic situation for a ‘thaw’ is merely a halt in the drop of relations,” Gabriel Wildau, taking care of director at consulting company Teneo, said in a take note. “For money marketplaces and multinational businesses functioning in China, having said that, these types of a halt would be important.”

“Even absent concrete plan adjustments, a typical feeling that the downward spiral has stopped could minimize risk perceptions and unlock new financial investment.”

Browse a lot more about China from CNBC Professional



Source

Oil giant Shell tops quarterly profit estimates as Iran war drives price surge
World

Oil giant Shell tops quarterly profit estimates as Iran war drives price surge

The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Brandon Bell | Getty Images British energy major Shell on Thursday reported stronger-than-expected first-quarter profit as the Iran war sent energy prices soaring. The oil giant posted adjusted earnings of $6.92 billion for the first three months of […]

Read More
CNBC Daily Open: Iran reviews ‘one-page peace plan’
World

CNBC Daily Open: Iran reviews ‘one-page peace plan’

This photo taken on April 20, 2026 shows a national flag of Iran hanging on a building damaged by the U.S.-Israeli attacks in Tehran, Iran. Shadati | Xinhua News Agency | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. A one-page document has […]

Read More
It’s not just Big Oil. Wind giants welcome profit beats as Iran war spurs energy pivot
World

It’s not just Big Oil. Wind giants welcome profit beats as Iran war spurs energy pivot

An employee works on core components of circuit breakers for wind turbines at Siemens Energy’s Hangzhou Plant on February 28, 2026 in Hangzhou, Zhejiang Province of China. China News Service | China News Service | Getty Images The Iran war appears to have supercharged the clean energy transition, providing a catalyst for wind power giants […]

Read More