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Xi-Biden summit: heed mainland China’s Taiwan red line and ‘everything else’ is on the table with US, former envoy Cui Tiankai says
- On the sidelines of the Family Business Summit, Cui says risk of war will rise greatly if the one-China principle is not respected
- The meeting between the US and Chinese presidents this week is a top opportunity for the two powers to work to avoid confrontation, he says
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Beijing is willing to negotiate with Washington on “everything else” as long as the one-China principle is respected, a veteran Chinese diplomat said on the sidelines of the inaugural Family Business Summit in Hong Kong on Monday.
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Cui Tiankai, the longest-serving Chinese ambassador to the United States, was among a dozen heavyweight speakers at the closed-door event attended by over a hundred family office owners and managers from around the world.
The participants discussed the impact of fast-changing technological advancements and geopolitical risks – such as the tensions between China and the US – on business and wealth management.
Cui, who held the post in Washington from 2013 to 2021, said top Chinese leaders were sincere about stabilising ties and willing to engage the US on important issues – provided Washington respected and observed the principle that Taiwan is part of China.
“The key is the one-China principle. As long as this principle is still there, as long as nobody is trying to challenge this one-China principle, there’s no need for the use of force. And under that basis within the framework of the one-China principle, everything else can be negotiated,” Cui said.
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“But if this one-China principle is undermined and challenged, then the risk of war will increase very much.
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