United States Secretary of State Antony Blinken remarked Friday at a conference at the University of Chicago that US and China managed to reduce the tension in their bilateral relations, APA reports citing Teletrader.
"They know that if we're not finding ways and areas where we can, where it's in our interest to cooperate, they will lose out on some of the benefits," he said. However, he also noted that tensions with Taiwan regarding its status persist.
Blinken's comment follows a meeting between Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen in Switzerland. During that meeting, Yellen stressed that Washington and Beijing must continue communicating on economic issues to avoid conflict.
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