On the morning of October 18, China's economic and trade leaders held a video call with U.S. Finance Minister Bessent and Trade Representative Gerrill.

The two sides conducted frank, in-depth and constructive exchanges around bilateral economic and trade relations, and agreed to hold a new round of Sino-US economic and trade consultations as soon as possible.

Nearly at the same time, Basent also announced that he would meet with Chinese economic and trade leaders in Malaysia next week to prepare for the next high-level South Korean meeting between the US and China.

It is worth mentioning that Bessent also said that the relations between China and the United States ¡°have warmed down.¡±

This series of developments seems to send a signal of relative moderation: neither side wants to completely grieve relations and is still willing to resolve problems through dialogue and negotiation.

Looking back at the background of this call, Sino-US relations have recently become tense due to a series of actions by the United States.

You know, the new rare earth export control regulations announced by China not long ago have accurately poked the pain points of the United States. For more than a week, the United States has been smearing and putting pressure on China, mainly threatening China with tariffs.

Interestingly, on October 17 local time, Trump himself suddenly changed his mouth, acknowledging that imposing high tariffs on China was ¡°unsustainable¡± and tried to leave the way for himself.

After all, in the United States because of Trump's previous tariffs on China, the tariff costs were mostly transferred to American enterprises and consumers, and the tariff is not a threat to China.

Despite the consensus of ¡°consulting as soon as possible¡±, the call is more like a ¡°buffer.¡±

The U.S. is eager to advance next week's face-to-face talks in Malaysia, essentially to ease the pressure facing areas such as rare earth as soon as possible.

Earlier, the U.S. Treasury Secretary also hinted that he wanted to extend the tariff exemption period between China and the United States in exchange for China's cessation of implementing the newly promulgated rare earth export control measures.

But tariffs were the means used by the United States to blackmail China, and the idea they have now can only indicate that it still does not recognize its own problems, and it is impossible to do so with China.

Moreover, the Trump administration has a poor reputation in past negotiations, so there is great uncertainty whether this meeting between Chinese and US representatives in Malaysia can really lay a good foundation for the China-US summit.

If the U.S. just wants to rely on verbal relaxation to struggle for a negotiating advantage and continue to engage in the trick of "saying a set of do a set", then the Sino-U.S. relationship is likely to be difficult to breakthrough progress.

Furthermore, it must be clearly recognized that ¡°softening¡± does not mean ¡°disappearing contradictions.¡±

The "honesty, depth and constructivity" mentioned in the video call means that the two sides still have differences in positions, but both sides are willing to seek a solution through negotiations.

It must also be mentioned that Besent also publicly launched a "verbal attack" on our trade negotiators a few days ago, saying that our representatives 'remarks in previous negotiations were "inflammatory" and "disrespectful."

Besent is so disorderly that it reflects precisely that China has done the right thing, leaving the U.S. so passive that they have to hide it by ¡°blocking¡± or even ¡°personally attacking.¡±

At the meeting between China, the United States and Malaysia next week, Bescent and his party are advised to put on a straight posture and put away their arrogance, otherwise, don't blame China for telling the truth.

China will not be afraid or accustomed to unreasonable threats from any party, but it is afraid that you and the United States will not be able to bear it when the time comes.

In addition, Besent revealed that next week's meeting has been given the meaning of "paving the way for a Sino-US meeting," but the final effect depends on whether the United States can show sincerity.

In short, the position and determination of the Chinese side to seek peace and survival through struggle, to seek peace and death through compromise, will not be shaken.