On the 9th (local time), the Financial Times reported that Trump, who led the Chinese delegation to the US-China high-level talks,
He focused on Vice Premier He and compared him with his predecessor, former Vice Premier Liu He, who was a Harvard former member economist, spoke fluent English, and placed importance on market liberalization.
On the other hand, Vice Premier He is a former member of Xiamen University with a PhD in economics, a "pure domestic product" advocate, and is not good at English. He also advocates the "Chinese-style socialist market economy" that President Xi emphasizes.
The FT described He as a "typical Chinese bureaucrat" who "appears friendly but is proud of China's strengths and cold-hearted."
"He is probably the tougher negotiator for the U.S. delegation," said Andrew Gilholm, head of China research at consultancy Control Risks.
"President Trump says China wants to do business with the United States, but China is more willing and able to endure long-term political pain than the United States," he said.
Vice Premier He's relationship with President Xi began in President Xi's hometown of Fujian Province. President Xi worked as a local bureaucrat from 1985 to the early 2000s.
When Xi became general secretary in 2012, He was promoted rapidly and later became head of the State Council, a core department in the State Council.
He led the Belt and Road Initiative at the National Development and Reform Commission (NDRC). In March 2023, he was appointed vice premier of the State Council when President Xi began his third term.
Neil Thomas, a China expert at the think tank Asia Society Policy Institute, said Xi
"For this meeting to be successful and for China's position to be conveyed accurately, it is important that someone who knows President Xi personally is at the forefront," he said.
"It's important to have a strong relationship with China," he said. The FT reported that He was attending the high-level talks with the US and China in cooperation with Liao Min, Deputy Minister of Finance, and Li Chenggang, Deputy Minister of Commerce and Representative for International Trade Negotiations.
Both of these men were involved in the trade negotiations between the United States and China during the first term of the Trump administration. However, the market does not expect a breakthrough to be achieved easily in this meeting.
"Ultimately, it comes down to a decision at the highest level," Ruholm said, "whether President Trump is willing to accept another limited and unstable deal like he did in his first term."
"I would like to
2025/05/12 10:02 KST
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