Trump and Xi move towards business-first relationship after Beijing summit
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Trump and Xi move towards business-first relationship after Beijing summit
"The two leaders did not resolve differences on key issues like Iran and Taiwan, despite push to extend truce. Early signs point to the United States and China moving towards a relationship focused on pragmatic areas of common interest following US President Donald Trump's trip to China, according to analysts, setting aside the turmoil that marked 2025."
"Trump was in Beijing for three days this week to meet with Chinese President Xi Jinping, accompanied by a delegation of American CEOs, including the heads of Apple, Nvidia, BlackRock and Goldman Sachs. The meeting between the two leaders came just over six months after they agreed to pause the US-China trade war for a year on the sidelines of a multilateral summit in South Korea."
"The White House readout of the Trump-Xi meeting on Thursday stressed areas of common ground, stating that the leaders had discussed ways to enhance economic cooperation between our two countries by expanding market access for American businesses into China and increasing Chinese investment into our industries. Notably absent from the statement was any mention of China's export controls on rare earths, critical materials used across the tech, defence and energy sectors."
"William Yang, senior Northeast Asia analyst at the Crisis Group, told Al Jazeera that Trump's remarks showed he would likely try to compartmentalise US-China relations into areas where the two sides can work together without being overshadowed by geopolitical concerns. Xi, while less effusive, also spoke of his desire to move"
US and China leaders did not settle key disagreements on Iran and Taiwan despite efforts to extend a truce. Early indications suggest the United States and China are moving toward a relationship centered on practical areas of shared interest after Donald Trump’s visit to Beijing. Trump met Chinese President Xi Jinping for three days with a delegation of American CEOs, including leaders from Apple, Nvidia, BlackRock, and Goldman Sachs. The meeting emphasized economic cooperation, including expanded market access for American businesses in China and increased Chinese investment in US industries. The White House readout did not mention China’s rare earth export controls, which restrict US access to critical materials used in technology, defense, and energy. Analysts said Trump likely aims to compartmentalize cooperation away from geopolitical disputes.
Read at www.aljazeera.com
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