You notice how relatively quiet the western news has been about yesterday's meeting, and even more so Wang Yi's meeting with Sherman today? Don't believe me, let's have a look at the most extreme end of the scale, Radio Free Asia:
Look at how short it is, particularly the section on Wang Yi's meeting today. Wang Yi actually gave Sherman three bottom lines that's extremely revealing on the balance of power between China and the US:
This one is bit of a meh. It's not like US has any capacity left to influence and cause colour revolution in China. This one you can consider a bit of a padding.
This one is extremely powerful. If Sherman agrees to this one she might as well stay in China because she will be immediately hung for treason if she returned. Imagine if US drops technology blockade. I think in that case China shouldn't even buy US treasury, we might as well give them half a trillion bucks just like that. Then we'll go to the US with another half a trillion dollars and go "alright show me all of your technology, EUV lithograph, jet engines, Starship whatever you have, because I'm buying EVERYTHING.
This one is saying "you play that game of chicken too hard and one day I'm going to launch forceful reunification, try to stop me."
So basically Wang Yi gave Sherman two impossible demands and is holding it up as requirement for a Biden-Xi meeting. That's almost a straight up "no" to US asking China to buy more treasury. The western media don't know what to do so they're playing down the news and hope people forget it ever happened. So if you had any doubt before about who's begging who the above should clear things up for you.
