The release also stated that President Trump will host President Xi in Washington later this year, while both countries will support each other as hosts of the G20 and APEC summits
President Xi Jinping of China is buying time for Beijing and may see an opening with a US president weakened by the war in Iran
Trump said he had spoken with the Chinese leader and the meeting would be 'positive' as he embarked with a coterie of aides, CEOs and family members
Trump, who last visited China in 2017, will meet Xi Jinping in a much-anticipated summit that's already been rescheduled once due to the Iran war
The two countries will focus on identifying mutual areas of interest in trade
A successful meeting between the two leaders on May 14-15 may provide an extra boost for Chinese equities, which have lagged their Asian peers
Trump and Xi Jinping are slated to meet May 14-15 after their summit was rescheduled once due to the war, which has triggered an energy crisis and restricted supplies to importers of West Asia crude
In early February, China started trials for its largest artificial intelligence computing cluster for scientific research
Shipments of US ethane are expected to rise to an all-time high of 800,000 tons in April, which would be around 60 per cent higher than the monthly average
During recent trade talks between the US and China in Paris, both sides discussed the creation of a board of trade and also touched on the formation of a board of investment
Foreign Ministry spokesman Guo Jiakun rejected reports that Beijing is set to supply military hardware to Tehran
Trump's proposal reflects push for energy dominance, but raises risks of deeper conflict and global fallout
Representatives from Beijing and Washington began their economic and trade talks in Paris on Sunday, paving the way for U.S. President Donald Trump's state visit to Beijing to meet Chinese leader Xi Jinping in about two weeks. The delegations, led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, convened in the French capital in the morning, China's official news agency Xinhua reported. The White House has said that Trump will travel to China from March 31 to April 2, though Beijing has not officially confirmed it. Bessent said on Thursday that his team will continue to deliver results that put America's farmers, workers and businesses first. The U.S. Treasury Department said Bessent will meet He on Sunday and Monday. China's commerce ministry said Friday the two sides are set to discuss "trade and economic issues of mutual concern." Trump's visit to China will be the first for a U.S. president since he went in his first term in 2017. It will come five .
China's exports rose nearly 22% in the first two months of the year from a year earlier, as its trade with countries other than the United States expanded. The export figures released by China's customs agency on Tuesday were much better than economists had forecast. They far exceeded the 6.6% annual pace of growth recorded in December. Imports in January and February rose almost 20%, up from December's 5.7% year-on-year increase. However, China's imports from the United States dropped nearly 27% from a year earlier. China's exports have been a bright spot for its economy despite tensions with the US. China's exports climbed 5.5% for 2025 as its trade surplus surged to a record of nearly $1.2 trillion. Higher shipments to other regions including Europe and Latin America helped offset a 20% drop in exports to the US as US President Donald Trump imposed a variety of higher tariffs on imports from much of the world. China's global trade surplus in January-February was $213.6 billion.
The US imposed travel bans on three Chilean officials over the possible construction of a submarine fiber optic cable with China, while warning Peru against ceding control over a Chinese-built mega port. Under pressure from President Donald Trump, who had threatened to take the Panama Canal back under US control, the Panamanian government seized two ports at either end of the canal that had been run by a Hong Kong company. And when the US captured Venezuela's then-President Nicolas Maduro in January, China saw its extensive interests in the oil-rich country suddenly vulnerable. The Trump administration in recent weeks has taken forceful steps in one Latin American country after another aimed at curbing the influence and economic dominance of China. As part of his quest to restore US preeminence in the Western Hemisphere, the president is hosting Latin American leaders at his golf resort near Miami this weekend for a summit dubbed the "Shield of Americas." Supporters of the White Ho
Xi's team will likely push harder for access to advanced semiconductors, removal of trade restrictions on Chinese companies and reduced US support for Taiwan
In China, consumerism appears to outweigh nationalism regardless of how testy relations have become in recent diplomatic spats with countries like Japan and the United States. It has been common practice for the ruling Communist Party to whip up nationalist sentiment and deploy propaganda condemning countries deemed to be violating China's stance on territorial issues as Taiwan and Tibet. At times, Beijing targets companies that make ideological missteps in their maps or advertising. In the past, friction with Japan and the United States has led to calls for mass boycotts, protests in the streets or even vandalism on embassies or restaurants. These days, pure nationalism appears not to resonate so much with Chinese consumers accustomed to making their own personal consumption choices. "Chinese consumers, especially urban middle-class and younger demographics, are not making everyday purchasing decisions based on nationalism," said Jacob Cooke, CEO of Beijing-based consultancy WPIC .
A brief US ban on jet engine exports left Comac far short of its C919 delivery targets, showing China's dependence on GE-Safran engines amid trade tensions
The US government has rolled out Project Vault, a $12 billion scheme to stockpile rare earths and critical minerals, aiming to shield American companies from global supply disruptions
He Lifeng, Vice Premier of the People's Republic of China, is scheduled to address the forum on Tuesday