US-China tensions eased through diplomatic efforts, collaboration on issues

Summary: US-China tensions have eased due to diplomatic efforts by Janet Yellen and Jake Sullivan. Despite ongoing issues like Chinese goods dumping, dialogues have led to a thaw in the cold war. Yellen's discussions on Chinese dumping have had little impact. Both countries subsidize their EV and clean power sectors. Collaboration on illicit money and fentanyl issues shows progress. Military talks aim to prevent miscalculations over Taiwan. Biden seeks to avoid a clash between the rising China and the US.

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