- Relationship has stabilized but negative factors are building
- Sliding into conflict with the US would be a lose-lose situation
- We as the US not to interfere with China's internal affairs
Blinken:
- There is not substitute for face to face diplomacy
- We need to avoid miscalculations
- Hopes US and China can make progress on agreements, citing fentanyl, military-to-military ties and AI risks
This mostly sounds positive but they're hardly breaking out the champagne.