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National Security Adviser Jake Sullivan. Photo: Jim Lo Scalzo/EPA/Bloomberg via Getty Images

National security adviser Jake Sullivan said Tuesday the future of the U.S.-China relationship can best be categorized by placing future bilateral engagement into four "buckets."

Why it matters: President Biden held a 3.5-hour, late-night virtual meeting with Chinese President Xi Jinping on Monday. Sullivan helped fill in the blanks with a public readout on the talks at the Brookings Institution.

  • Bucket No. 1: Working together on "urgent" issues in which U.S. and Chinese interests align, such as implementing the COP26 climate deal and vaccinating the world to end the COVID-19 pandemic.
  • Bucket No. 2: Addressing challenges in which the U.S. and China have historically worked together and now face important tests, including Iran nuclear talks and North Korea's escalating missile tests.
  • Bucket No. 3: Improving direct communication to effectively "manage differences," including over Taiwan. Sullivan said Biden reminded Xi he voted for the Taiwan Relations Act as a senator in 1979, and deeply understands what U.S. law says about support for the island's self-defense.
  • Bucket No. 4: Resolving outstanding issues in the Phase One trade deal, while continuing to use "the full range of tools available to us" to confront China's unfair economic practices.

Sullivan also revealed Biden asked Xi to launch talks on "strategic stability," following growing concerns about China's rapid expansion of its nuclear arsenal.

  • "That is not the same as what we have in the Russian context with the formal strategic stability dialogue that is far more mature and has a much deeper history to it," Sullivan cautioned.
  • "There's less maturity to that in the U.S.-China relationship. But the two leaders did discuss these issues. And it is now incumbent on us to think about the most productive way to carry it forward from here."

Zoom out: Though officials stressed there were no "deliverables" from the meeting, the State Department did confirm to Axios the U.S. and China have agreed to to ease Trump-era visa restrictions for journalists on a reciprocal basis.

Go deeper

18 hours ago - World

Israeli government divided over how to influence Biden on Iran

Benny Gantz (left), Yair Lapid (center) and Naftali Bennett. Photo: Emmanuel Dunand/AFP via Getty

Israeli Minister of Defense Benny Gantz will visit Washington Thursday as part of a renewed diplomatic push to influence the U.S. position on Iran amid the impasse in the nuclear talks.

The backstory: There is an internal debate inside the Israeli government about the best way to influence the U.S. position, with Gantz and Foreign Minister Yair Lapid growing concerned with Prime Minister Naftali Bennett's increasingly confrontational approach, Israeli officials say.

JPMorgan: "Full global recovery" in 2022

Photo: Erik McGregor/LightRocket via Getty Images

JPMorgan Chase Global Research says in a forecast to clients: "2022 will be the year of a full global recovery, an end of the global pandemic, and a return to normal conditions we had prior to the COVID-19 outbreak."

The big picture: The bullish report sees "a return of global mobility, and a release of pent-up demand from consumers (e.g. travel, services)."

Inside Trump's hunt for "disloyal" Republicans

Illustration: Aïda Amer/Axios

Donald Trump and his associates are systematically reshaping the Republican Party, working to install hand-picked loyalists across federal and state governments and destroy those he feels have been disloyal, sources close to the former president tell Axios.

Why it matters: If most or all of Trump’s candidates win, he will go into the 2024 election cycle with far more people willing to do his bidding who run the elections in key states.