“It’s very hard for China to take certain steps without harming its own economy,” U.S. Deputy Secretary of State Kurt Campbell said on June 12. “And I think we now understand that economic performance is central right now to what is important to President Xi.”
“Campbell,” Reuters reported, “told Washington’s Stimson Center think tank China needed to reassure investors and others that it has a plan for its economy and would not be looking to create frictions that could escalate in unpredictable and dangerous ways.”
