From October 25 to 26, local time, China and the United States held economic and trade consultations in Kuala Lumpur, Malaysia. This communication was advanced in the context of a new round of shock in China-US relations in October, and the two negotiating teams conducted constructive exchanges and reached a basic consensus on the settlement of their respective concerns. The 32nd informal meeting of the leaders of the APEC will be held in South Korea, before the meeting, and the outside world generally predicted that the US-China prime minister will meet during this period.

The topics of this round of economic and trade consultations are relatively broad, involving the 301 measures of the United States against China's maritime logistics and shipbuilding industry, the extension of the mutual tariff suspension period, Fentanyl tariffs and law enforcement cooperation, agricultural products trade, export control, etc. Since October, the United States, despite the consensus reached by the US dollar, has taken a series of pressure measures against China, bringing a new impact to China-US relations.Trump isAt one point, it threatened to impose a 100% tariff on China and impose stricter export controls on key software to China. U.S. Treasury Secretary Basent and others even expressed emotional views.

From October 25th to 26th, the economic and trade teams of China and the United States held Sino-US economic and trade consultations in Kuala Lumpur, Malaysia. Before the consultations on October 25th, He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, took a group photo with US Treasury Secretary Bescent/Xinhua

Facts have repeatedly proved that the Trump administration's suppression and threats will not weaken China's firm determination to safeguard its own interests. "Talk, the door is open; fight, and accompany you to the end" has become the underlying logic for China to handle the Sino-US economic and trade game. If the United States cannot achieve equality and respect, China will take strong response measures. Thomas Schelling, a pioneer of "game theory" and a Nobel Prize winner in economics, once said,"The power of harm is the power of bargaining, and using this power is diplomacy." At the end of August this year, China issued a clear warning about the policy of suppression against China that the United States was considering, but the United States insisted on its own.

In response to the unilateral initiative of the United States to levy the port service fee for Chinese ships from October 14, the Chinese government launched a reciprocal counteraction, announcing that since October 14, the United States owned, operated, held more than 25% of shares and special port charges for American-made and U.S. ships. The U.S. Department of Commerce according to the so-called "50% rule" through the equity penetration mechanism expands the scope of sanctions against Chinese enterprises, making China extremely dissatisfied. In early October, in order to further block the illegal flow of rare earth and related technologies abroad, the Chinese Ministry of Commerce announced export controls for rare earth objects, rare earth technology, rare earth equipment and raw materials, five medium-weight rare earth, lithium batteries and so on.

These games have caused serious twists and turns in Sino-US relations, which have gradually stabilized in the past few months. However, promoting talks through fighting and promoting stability through fighting are China's prominent strategies to deal with U.S. pressure during Trump's second term. Under China's strong countermeasures, China and the United States once again returned to the negotiating table from mutually increasing trade restrictions. This is not only a game of interests, but also a game of psychology.

After the end of this round of consultations in Malaysia, China-US economic and trade China leader, Deputy Prime Minister of the State Council Ho Li Ping said that the essence of China-US economic and trade relations is mutually beneficial and win-win, the two sides have both benefits and struggles, safeguard the stable development of China-US economic and trade relations, in line with the fundamental interests of the two countries and the people of the two countries, also in line with the expectations of the international community.

Of course, China and the United States are still far from reaching a comprehensive economic and trade agreement. Li Chenggang, International Trade Negotiator and Vice Minister of the Ministry of Commerce of China, said that the two sides have reached a preliminary consensus on properly resolving a number of important economic and trade issues of mutual concern. The two sides agreed to further determine specific details and each will implement domestic approval procedures. "The United States is tough in expressing its position, and China is firm in safeguarding its interests." Li Chenggang's words can be said to be meaningful. Issues such as agricultural trade, fentanyl tariffs, and export controls are very complex, and many details require continued "bargaining" between China and the United States. The deep conflicts between China and the United States cannot be resolved in the short term. Malaysia's consultations may be a phased easing.

China and the United States must find a new balance between the two sides in talks, and the characteristics of the Trump administration, such as losing hearts and gaining profits, mean that it is not easy for the United States to find the right way together. The international community is very concerned about the meeting between the two heads of state may be held during the informal meeting of APEC leaders, which is also seen as an important opportunity for China-USD first face-to-face strategic communication. Since this year, President Xi Jinping and President Trump have spoken numerous calls to improve and develop China-US relations. To maintain the overall development of Sino-US economic and trade relations, it is in line with the fundamental interests of the two countries and the two peoples, and also in line with the expectations of the international community. From Geneva to Kuala Lumpur, the results achieved through

(The author is deputy director and professor of American Studies Center of Fudan University)

Author: Zhao Minghao

Edited by:Ðì·½Çå

Extended reading

After the end of the U.S.-China negotiations, the U.S. performed optimisticly.

Source: The Playing Bull

Wake up with at least three good news.

First, the whole world knows that the talks between China and the United States are doing well.

On October 16, the latest round of Kuala Lumpur economic and trade consultations, China disclosed that the two sides conducted "deep and honest discussions and exchanges".

Li Zheng Steel's remarks to journalists have two words, especially rich in content.

¡°The two sides conducted constructive discussions on this, the U.S. side expressed a strong position, and the Chinese side safeguarded its interests.¡±

What does that mean?

No one is good.

Second, "After a very tense discussion of more than a day, the two sides have constructively discussed some of the options to properly address the concerns of the two sides on these issues and formed a preliminary consensus."

Repeat the constructive discussion again, emphasizing that a preliminary consensus has been reached, followed by internal approval.

Looking at the press release from Xinhua Agency, Vice Premier He Lifeng also stated that the results of Sino-US economic and trade consultations are hard-won and need to be jointly safeguarded by both sides. It is hoped that the United States and China will move towards each other... further accumulate mutual trust, manage differences, expand mutually beneficial cooperation, and push bilateral economic and trade relations to a higher level.

Please note: Requirements have been made to the United States and bilateral economic and trade relations must be promoted to a higher level.

The U.S. is more optimistic, and U.S. Treasury Secretary Bessent has begun to boast and look forward to the next Sino-U.S. summit, "which is a good thing for American citizens, farmers, and the whole country."

The picture shows Vice Premier He Lifeng and Vice Minister Li Chenggang participating in the talks

To say a small inscription, it does not seem to have anything to do with the Sino-US economic and trade negotiations, and it also seems to have anything to do with it.

The host connects with Bescent and asks: Coffee prices are up 19%, beef prices are up nearly 15%, and bacon prices are up nearly 6%, just to name a few. So when will all grocery prices come down as President Trump promised?

Christine (the host name), unfortunately.I like you, but you just like to pick up fat and thin...

U.S. officials are so clever, but by the way, this time Bessent is very polite and doesn¡¯t say back to ask your mother...

Thailand and Cambodia sign peace agreement

The second good news is that Thailand and Cambodia have signed a peace agreement.

The ceremony was interesting.

The Prime Minister of Thailand and the Prime Minister of Cambodia sit in the middle, while Trump and Malaysian Prime Minister Anwar sit on both sides.

The four signed simultaneously, making the United States also a party.

People applauded, Trump showed all the signature documents and laughed brilliantly.

But it is Trump.

Because Trump has repeatedly advertised that he has contributed to the peace between Thailand and Cambodia, the White House declared that what was signed on the 26th was a historic peace agreement.

U.S. Secretary of State Rubio said: ¡°The work of the President of Peace continues, and under Trump¡¯s leadership and the efforts of the Malaysian prime minister, Southeast Asia has taken a path to peace, stability and prosperity.¡±

I don¡¯t know Thailand and Cambodia believe not believe, but the United States has already believed.

But this is indeed a good thing for Southeast Asia. Thailand and Cambodia have clashed many times this year over disputed border territory, and soldiers were even killed in crossfire.

Both China and the United States have actively mediated, resulting in a settlement agreement between the two sides.

Sometimes peace does not stem from deep awareness, but just a moment when opportunity and interests just meet.

But Trump pursued more ambitious scenarios, so this trip to Asia, his first major diplomatic activity, was to attend the two-country signing ceremony.

He has been worried that he did not win the Nobel Peace Prize this year. Next year's Nobel Peace Prize, Norway is up to you.

Oh, and another episode, the Malaysian Prime Minister told Trump a "hell of black humor", teasing Trump as a "president who is happy to break the rules", "We have a lot in common. I've been in jail, and you almost went in..."

Trump just laughed, and his face was embarrassing.

Third, China and India resumed direct flights.

The first flight was operated by Indigo Airlines of India, from Kolkata to Guangzhou on the 26th.

In addition, this is the first direct flight between China and India in five years. Starting from November, China and India will also open routes from New Delhi to Shanghai and Guangzhou. India and our Hong Kong region already have regular flights.

And still very embarrassing.

Two neighboring countries, the two most populous countries in the world, and members of the SCO and BRICS countries, originally had 500 flights per month, but the last one was gone.

I have to say that there is India's special knot in this.

I saw that some foreign media said that in addition to canceling direct flights, "India has also restricted Chinese investment and banned hundreds of Chinese applications from entering the Indian market. In addition, India has deepened its relationship with the U.S.-led Quadrilateral Security Dialogue alliance, aiming to check and balance China's influence in the Asia-Pacific region."

And what happened?

India has been hit with a nose.

After Trump took office, ¡°US-India relations deteriorated,¡± and Trump imposed a 50% tariff on India, seen by the Indians as a backbone.

China-India relations began to improve. India's Ministry of Commerce data showed that India's imports from China rose to more than $110 billion last month, more than 16% more than in September 2024.

Earlier this year, the Chinese and Indian border troops also donated candy to each other.A spokesman for the Chinese Embassy in India said the exchange of candy ¡°showed goodwill between the two sides.¡±

Geography is like chess, and you may not have regrets when you make a move, but knowing how to turn around is also a kind of wisdom.

China-India relations have taken another step forward, which is undoubtedly a great thing.

Trump meets with Brazilian President Lula da Silva

Of course, there are many good things and bad things in this world.

Trump met with Brazilian President Lula and talked well.The U.S. hinted that it did not rule out the removal of a partial tariff of 50% on Brazil.

Russia test-fired the nuclear-powered cruise missile "Haiyan" with unlimited range. Putin is delighted: This is a unique product in the world.

ASEAN officially accepted Timor-Leste and became a member of ASEAN, then 11 ASEAN countries instead of 10.

Pakistan has warned that it believes Afghanistan is also ¡°eager for peace¡±, but that Pakistan¡¯s patience is about to run out and that if the two sides do not reach an agreement at talks in Istanbul, the two countries will fall into ¡°open war¡±.

Timor-Leste officially becomes a member of ASEAN, the prime minister signed with pleasure

Also, it does not rule out a series of dramatic events.

For example, Trump has publicly stated that the North Korean leader knew he was going to South Korea, and he hoped the two would meet again, but there was no way to contact them, asking reporters to communicate more.

Finally what do you think?

Let's not talk about three points today, but talk about some personal feelings, which may be a bit messy.

This world, the only thing we can determine now, is its uncertainty, especially given the presence of President Trump.

So, at worst, you don¡¯t have to be really bad, not excluding just the darkness before dawn.

History never goes straight forward, it always finds a way out in turmoil.

For example, are we afraid of the various extreme threats to the United States?

No fear at all, and more and more adapted. So, play, go with the end; talk, the door open. So, we saw a round of great game, heart-shaking, but really turmoil back!

That's the art of negotiation.

Trump arrives at Malaysian airport.

The world has changed, and many countries have to change with it.

Therefore, after all kinds of trouble, India found that it had been slapped in the face by the United States, so China-India relations accelerated their improvement.

This is true for India, and so are many countries.

For Trump, all countries have found a way to adapt, all kinds of cheats, you like me to shoot you I will shoot you, you like me in the big row I am in the big row, you like me to sign I will sign ...

Of course, if you promise, you must keep it? Can it be implemented after signing it? If it improves, it won't get worse?

Who can guarantee this world?

Trump didn't believe it. Otherwise, he would not have imposed a tariff on Canada by 25% at one time, and by 35% at the next. In anger, he saw the commercial and imposed another 10%. Although the United States, Canada and Mexico have trade contracts in black and white.

In this world, let us restrain ourselves from doing good things, from fear of what is in the northern wind, from what is in the northern wind, from what is in the northern wind, from what is in the northern wind.

Go ahead and let them trouble as much as they want.

In 3 years, we will miss this time, full of drama, oh, and all kinds of good news and cheap laughter.