Read this in The Manila Times digital edition.
After the Omicron outbreaks in early March, the normalization of the Chinese economy was disrupted. May saw an economic rebound, which will strengthen in the third quarter. Meanwhile, US-Sino ties are at a critical crossroads.
ON June 16, US National Security Adviser Jake Sullivan acknowledged that the Biden administration's stance on the Taiwan question "has not changed from previous presidencies" and that the White House sought to "stabilize ties" with China. Sullivan made his points at a conference of his former think tank, the Center for a New American Security (CNAS). Along with its corporate proxies and Big Defense donors, CNAS has played a key role in the plunge of US-Sino ties and the new Cold Wars (see endnote).*
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