After his highly anticipated meeting, Trump said that Washington has reached a landmark one-year trade pact with China
South Korean President Lee Jae Myung asked Chinese President Xi Jinping to make greater efforts to persuade North Korea to return to talks, as the two leaders on Saturday agreed on a set of agreements to expand their economic and other ties. Their one-on-one meeting came hours after they and other Asia-Pacific leaders wrapped up their annual summit in South Korea with a joint statement pledging stronger economic cooperation. The two-day Asia-Pacific Economic Cooperation in the city of Gyeongju took place a day after Xi and US President Donald Trump agreed to dial back earlier steps and de-escalate their trade war. During his meeting with Lee, Xi called for Seoul to work with Beijing to practice genuine multilateralism, according to Chinese state media, as he continued to position Beijing as the defender of the global trade order upended by Trump's sweeping tariffs. Xi, Lee discuss North Korea --------------------------------- Chinese state media reports on the Xi-Lee meeting didn'
Xi's remarks came as he was the only superpower left at the summit after US President Donald Trump departed from South Korea a day earlier
The leaders of China and Canada took a step toward mending the long-fractured ties between their countries on Friday. Chinese President Xi Jinping and Canadian Prime Minister Mark Carney, meeting in South Korea during an Asia-Pacific summit, called for improving ties in a pragmatic and constructive manner, according to both sides. The leaders agreed that their meeting marked a turning point in the bilateral relationship, a Canadian statement said. Xi was quoted as saying that relations are showing signs of recovery, thanks to the joint efforts of both sides. We are willing to work together with Canada to take this meeting as an opportunity to promote the return of bilateral relations to a healthy, stable and sustainable track as soon as possible, Xi said, according to an official report distributed by China's state media. Carney, who became prime minister in March, accepted an invitation from Xi to visit China, the Canadian statement said, without specifying any date. Carney also
Xi took centre stage at the Asia-Pacific Economic Cooperation summit that began Friday in the South Korean city of Gyeongju
Leaders of 21 Asian and Pacific Rim nations opened their annual summit Friday to discuss how to promote economic cooperation and tackle shared challenges, a day after President Donald Trump and Chinese President Xi Jinping agreed to take steps to ease their escalating trade war. This year's two-day Asia-Pacific Economic Cooperation summit in the South Korean city of Gyeongju has been heavily overshadowed by Thursday's Trump-Xi meeting. Trump described the meeting as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans. Their deals were a relief to the world economy, as experts previously warned that a failure to dial down trade tensions between the world's two largest economies were certain to deepen global economic uncertainties. Established in 1989 during a period of increased globalisation, APEC represents more than half of global trade. The forum champions free and open t
Chinese President Xi Jinping on Thursday refuted his US counterpart Donald Trump's claims at their summit meeting in Busan that China was not involved in establishing peace between Cambodia and Thailand. At the much-publicised summit, Xi said that he appreciated Trump's "great contribution to the recent conclusion of the Gaza ceasefire agreement". However, Xi rebutted Trump's assertion that China was not involved in establishing peace between Cambodia and Thailand. Xi told Trump that Beijing had been helping the two Southeast Asian neighbours to settle their border dispute in our own way, the Hong Kong-based South China Morning Post reported. Xi's assertion outlines Beijing's redlines as China too seeks to play a dominant role in Southeast Asia, where it has established strong security and trade links with countries of the region, including Thailand and Cambodia. During the height of the Thailand-Cambodia confrontation, Chinese Foreign Minister Wang Yi held closed consultations to
The meeting, which took place on the sidelines of the Asia-Pacific Economic Cooperation (Apec) summit, was the first between the two leaders in six years
The meeting took place on the sidelines of the Asia-Pacific Economic Cooperation (Apec) Summit
US is expected to take Trump's threat of 100 per cent tariffs on Chinese goods off the table while China is expected to delay export controls on critical minerals, and revive soyabean purchase
The development came hours after Russian President Vladimir Putin announced that Moscow had successfully tested a nuclear-powered submersible drone with unlimited range
US President Donald Trump and his Chinese counterpart Xi Jinping will meet on Thursday in South Korea and exchange views on strategic and long-term bilateral issues, the Chinese foreign ministry announced on Wednesday. The two leaders will meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Busan. As agreed between China and the US, President Xi will meet with President Trump to exchange views on bilateral relations and issues of mutual interest, a Chinese foreign ministry spokesperson Gou Jiakun told a media briefing here. We are willing to work with the US side to promote this meeting to yield positive results, provide new guidance and to inject new momentum for the stable development of ChinaUS relations," Gou said. He added that head-of-state diplomacy plays an irreplaceable strategic guiding role in China-US relations, which are currently bogged down over Trump's massive trade tariffs against Chinese exports and Beijing's retaliatory actions. At th
Trump's proposed meeting with Xi will take place on the sidelines of the Apec summit, making it the first between the two leaders since the US President returned to office in January this year
The benchmark Shanghai Composite Index ended 1.2% higher, slightly shy of the psychologically significant 4,000 mark, while the blue-chip CSI300 Index was up 1.2%
Asian shares rallied and US futures jumped Monday, with Japan's benchmark Nikkei 225 topping 50,000 for the first time. Work on trade deals that might alleviate friction between the US, China and other major trading partners contributed to upbeat sentiment as US President Donald Trump visited Malaysia for a summit of Southeast Asian nations where he reached preliminary trade agreements with Malaysia, Thailand, Cambodia and Vietnam. A trade deal between the United States and China was drawing closer, officials from the world's two largest economies said Sunday as they reached an initial consensus for Trump and Chinese leader Xi Jinping to try to finalise during a high-stakes meeting later in the week. This isn't just photo-op diplomacy. Behind the showmanship, Washington and Beijing's top trade lieutenants have quietly mapped out a framework that might, just might, keep the world's two largest economies from tearing up the field again, Stephen Innes of SPI Asset Management said in a
Xi and Trump are expected to sign off on the terms this week in South Korea when they sit down in person for the first time since the US president returned to power
US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng on the sidelines of Asean summit
President Donald Trump headed for Asia for the first time this term, a trip where he is expected to work on investment deals and peace efforts before meeting face-to-face with Chinese President Xi Jinping to try to de-escalate a trade war. I think we have a really good chance of making a very comprehensive deal, Trump told reporters traveling with him on Air Force One. He said he plans to discuss fentanyl trafficking with Xi, as well as China's lack of soybean purchases from the United States. "I want our farmers to be taken care of. And he wants things also, Trump said. The Republican president is using the trip to try to advance his diplomatic bona fides after recently brokering a ceasefire and hostage agreement between Israel and Hamas. During a refueling stop in Qatar on his long-haul flight to Malaysia, Trump met briefly aboard his plane with the ruling emir, Sheikh Tamim bin Hamad Al Thani, and the prime minister, Sheikh Mohammed bin Abdulrahman Al Thani. Trump said they talke
The Malaysian government and the U.S. and Chinese sides have provided few details about the meeting or any plans to brief the media about outcomes
Malaysia is in discussion for a potential critical minerals deal with the US, Investment, Trade and Industry Minister Zafrul Aziz said on Saturday