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Sailing Sino-US relations with stabilizing levers

By Siddharth Chatterjee, Fred Teng, Einar Tangen, Zhao Mei and Denis Simon | CHINA DAILY | Updated: 2026-05-22 08:54
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Summit helps to strengthen responsible major-power relations

By Fred Teng

The May 14 Beijing meeting between the two heads of state represents a serious attempt to move China-US relations from confrontation management to strategic stability.

Confrontation can lead to uncertainties and severe repercussions, with farmers, students, researchers, manufacturers, and consumers all paying the price.

That is why this summit matters.

A "constructive China-US relationship of strategic stability" does not mean the two countries agree on everything — they clearly do not — but that they recognize that unmanaged rivalry is dangerous.

The goal is not to eliminate competition but to discipline it.

There are five important outcomes of the summit.

First, trade and tariffs. The reported extension of the tariff truce sends a direct signal to the markets. Politicized tariffs have become weapons triggering higher costs, disrupting supply chains and damaging confidence.

Easing tariffs, especially on agricultural products, supports US farmers, helps Chinese importers and consumers and reduces one of the most visible sources of economic friction.

Second, institutional mechanisms. The proposed economic, trade and investment review channels matter because they replace sudden escalation with structured negotiation.

A mechanism does not solve every dispute, but it creates space to talk before disputes become crises. That is how serious great-power relations must be managed.

Third, technology. This remains the hardest area.

High-end AI chips, advanced lithography machines, and military-related technologies might remain restricted.

But the reported easing of certain mid-range chips and equipment restrictions suggests a more practical distinction between strategic technology and normal commercial technology.

That distinction is essential to avoid a technological Cold War, from which neither country benefits.

Fourth, people-to-people exchanges. This may be the most overlooked achievement.

Visas, flights, students, scholars, businesspeople and tourists are not side issues.

They are the human foundation of the relationship. Restoring direct flights and longer-term visas is not symbolic but practical diplomacy to foster trust.

Fifth, crisis management. Restarting fentanyl-related law enforcement cooperation moves the issue from accusation to action.

Restoring military communication channels helps reduce the risk of miscalculation in the South China Sea and the Taiwan Strait.

Hotlines are not signs of weakness but signs of strategic maturity.

Of course, this is not a full reset. But diplomacy should not be judged only by whether it solves everything.

It should also be judged by whether it prevents the worst outcomes.

The real choice before China and the US is not friendship or confrontation but managed competition or unmanaged rivalry.

If these understandings reached in Beijing are implemented seriously, this summit may mark an important step toward stability, predictability, and responsible major-power relations.

And in today's world, that is a major advance.

Fred Teng is the president of the America China Public Affairs Institute. The views don't necessarily reflect those of China Daily.

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