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Bush China Foundation chair hails improvement in China-US ties

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Bush China Foundation chair hails improvement in China-US ties

2025-12-11 20:38 Last Updated At:21:07

Neil Bush, founder and chair of the George H.W. Bush Foundation for U.S.-China Relations, has hailed the warming of China-U.S. relations and highlighted the enduring resilience of China's economy.

Bush spoke on the sidelines of the 2025 International Symposium on the Peaceful Use of Space Technology – Health (IPSPACE 2025) in Boao, a coastal town in China's island province of Hainan. He pointed to the recent meeting between Chinese President Xi Jinping and his U.S. counterpart, Donald Trump, as a key step toward improving bilateral ties, despite persistent trade tensions.

"I think it's improving. It's reached a kind of an all-time low recently. But the fact that the presidents met and there's been more exchanges, there's been, I think a better understanding established, and you can see signs from Washington that there's an easing of tensions, which I'm very, very happy to see. I still think that there are going to be challenges with our bilateral trade relationship. I'm concerned that our government believes that tariffs are going to help America create jobs and create wealth in America. And I think that's a false thesis for an economic policy. So I'm concerned there may not be much negotiating on the issue of tariffs. Otherwise, the bilateral relationship seems to be warming and improving, which I'm very happy about," said Bush.

Bush also praised China's economic progress and its leading role in shaping an AI-driven future.

"You can never count China out. There have been many, many projections over the past 20 to 30 years of China's demise. 'Experts' predicted that China is going to go down. The reality is China is very resilient, and there's so much activity going on here. We're at an IP space conference. There's a lot of discussion about innovation and finance and capital and all the new technologies that fall out of AI's development. There's a lot going on, not just in China, but clearly China is playing a critical role in building the new economy, the transition economy from kind of the old way to the AI-driven way," said Bush.

Bush also highlighted the benefits that China's economic development has brought to improving people's livelihoods.

"China's resilient. China's economy, hopefully, will continue to grow. I happen to believe that as economies grow, people benefit and the role of government should be to provide benefits to its people. So our American capitalist system has worked in America to make us a very strong country where people are enjoying all kinds of benefits from wealth. China, likewise, the people of China are benefiting from economics. So I applaud the economic development in China, which is helping to improve the life of more and more millions of people," he said.

Bush China Foundation chair hails improvement in China-US ties

Bush China Foundation chair hails improvement in China-US ties

China has requested, via the Dutch embassy in China, that the Dutch Ministry of Economic Affairs should implement the consensus reached with China through consultations and urge semiconductor manufacturer Nexperia in the Netherlands to send representatives to China as soon as possible, the Ministry of Commerce said Thursday.

China has been actively urging the Chinese company Wingtech to engage in negotiations with its overseas subsidiary Nexperia to resolve the internal corporate disputes, ministry spokesperson He Yadong said at a regular press briefing.

Recently, Wingtech sent a letter to the independent directors and the equity custodian of Nexperia, inviting them to China for discussions on corporate control and restoring the stability and smooth operation of the supply chain, which demonstrates its sincerity in resolving the issue, the spokesperson said.

"I want to stress that the Nexperia issue was triggered by the Dutch government's inappropriate administrative intervention in corporate operations and the Dutch Ministry of Economic Affairs bears the responsibility to take constructive and substantive measures to revoke the executive order, urge the former executive of Nexperia to withdraw his lawsuit from the corporate court and create favorable conditions for internal corporate negotiations. The Chinese side has already taken concrete measures by granting exemptions for compliant exports intended for civilian use, demonstrating a responsible attitude toward safeguarding the security and stability of the global semiconductor supply chain. China hopes the Dutch side takes real actions to promote the resolution of the Nexperia issue," said He.

China urges Nexperia to send representatives to China

China urges Nexperia to send representatives to China

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