Is this the hoped-for thaw in US-China relations or a new era of managing differences?

Nearly four months after the Chinese balloon incident blew rapprochement attempts out of the sky, a series of public engagements involving Chinese and US senior officials seemed to offer hope.

In late May, the two powers had their first cabinet-level exchange in Washington under the Biden administration, with Chinese Commerce Minister Wang Wentao having talks with his US counterpart Gina Raimondo, and later meeting US trade representative Katherine Tai in Detroit.

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Last month, Wang Wentao met his US counterpart Gina Raimondo and US trade representative Katherine Tai. Photo: Reuters alt=Last month, Wang Wentao met his US counterpart Gina Raimondo and US trade representative Katherine Tai. Photo: Reuters>

And, after a record five-month vacancy, Beijing finally sent its new ambassador, Xie Feng, to Washington last month. Xie met US undersecretary of state Victoria Nuland on May 25 and undersecretary of treasury Jay Shambaugh on June 2.

US State Secretary Antony Blinken is also reportedly expected to travel to China in coming weeks after Daniel Kritenbrink, assistant US secretary of state for East Asian and Pacific affairs, and Sarah Beran, senior director for China and Taiwan affairs at the National Security Council, visited Beijing this month.

But experts in both countries warn that despite the recent high-level contact, it is still hard to see the light at the end of the tunnel for US-China tensions, with persistent deep mutual distrust and little time left for Washington and Beijing to mend their strained ties.

Instead, they say, the two powers might be entering a new reality in which engagement is aimed only at managing differences where interests overlap.

In late May, following a 10-hour meeting between Biden's national security adviser, Jake Sullivan, and China's top diplomat, Wang Yi, in Vienna, the US president said the balloon incident was "silly" and he expected a thaw with Beijing "very shortly".

The two countries now seem to be trying to pick up the momentum they gained from the Biden-Xi Jinping meeting in Bali, Indonesia, in November to "improve tactically" with cabinet-level visits, according to Dennis Wilder, a senior fellow at the Initiative for US-China Dialogue on Global Issues at Georgetown University.

"But neither side is setting its sights very high," said Wilder, a former CIA China analyst and White House official.