During an interview with Bloomberg on Thursday, U.S. Ambassador to China Nicholas Burns stated that due to the trade relationship between the two countries, China is “critical” for America’s success and vice versa and that he hopes to “stabilize the relationship. What that could mean in the next few months is that we continue to work on climate change together.” Burns also said that we are de-risking with China and will compete with them on other issues.
Burns said, “e’ve been very consistent in our government in saying we do not want to see a decoupling of these two economies. We’re the two — the U.S. and China — the two largest economies in the world. We’re critical for each other’s success, given the trade relationship. We’re fundamental to the health of the global economy. So, we’ve been very consistent in saying, that’s not what we’re after. But we are de-risking.” In another part of the interview, Burns stated, “hat we’ve got to do is continue the progress from the San Francisco meeting, to continue to stabilize the relationshi