Xi Jinping News
14.05 / 04:53
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Trump and Xi begin superpowers’ summit on trade and war
Subscribe to enjoy similar stories.BEIJING—President Trump and Chinese leader Xi Jinping reunited on Thursday morning in Beijing, kicking off a summit centered on improving their economic relationship, as the war in Iran and U.S. commitment to Taiwan loom.Speaking inside the Great Hall of the People, both leaders projected optimism for two days of talks.
20.05 / 11:03
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As America and China swap roles in their great power rivalry, India should think of how to maximize gains
Subscribe to enjoy similar stories.Last week, US President Donald Trump’s historic two-day meeting with Chinese Premier Xi Jinping, the first in Beijing at this level since 2017, ended without a commercial breakthrough despite the presence of a high-powered technology delegation of 17 American CEOs, including Elon Musk of SpaceX and Jensen Huang of Nvidia. China did not respond to US overtures, including the potential sale of Nvidia’s cutting-edge H200 chips to Chinese entities that the Joe Biden administration had blocked and Trump administration reversed. US officials dismissed a lack of business progress as immaterial.
19.05 / 04:39
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Xi Jinping is now the world leader he wanted to be, but it has come at a cost
Subscribe to enjoy similar stories.The arrival Tuesday of Russian President Vladimir Putin in Beijing will mark a watershed moment for Chinese leader Xi Jinping, one that he has pursued since taking power in 2012—and bet his country’s future to achieve.Welcoming Moscow’s ruler just days after President Trump’s motorcade swept out of the Chinese capital represents, for Xi, a vindication of 14 years of relentless economic competition with the U.S. and his strategic embrace of the Kremlin through the Ukraine war.
16.05 / 12:11
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How China framed Donald Trump through the Thucydides Trap
Subscribe to enjoy similar stories.US President Donald Trump’s description of his China visit as “very successful” and “unforgettable” may be as self-congratulatory as his claims of victory over Iran.Trump, in his own telling, had a successful stay in Beijing during a presidential visit that came after nearly a decade and at a crucial juncture in American diplomacy.Having painted himself into a corner by underestimating a sanctions-hit Iran, which now has the world economy in a chokehold through the Strait of Hormuz, he was clearly hoping to secure the Asian giant's help in ending the impasse, not just for favourable economic deals.He claimed to have concluded several trade deals, including an order for 200 Boeing jets that could rise to 750 if the aircraft maker performs well. China also agreed to purchase 400-450 engines from General Electric, he added.Except there were no mentions of these by his host, Chinese President Xi Jinping, whom Trump described as an “incredible guy” to Fox News reporters on 15 May while returning home.In fact, his 14 May meeting with Xi at the Great Hall of the People suggests he may have been told, politely, that he no longer holds all the cards.A Chinese readout said Xi noted that “transformation not seen in a century is accelerating across the globe, and the international situation is fluid and turbulent.
15.05 / 01:37
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Xi issues Taiwan warning at summit with Trump. What it means for trade.
Subscribe to enjoy similar stories.President Donald Trump and Chinese leader Xi Jinping spent their first day of bilateral talks on Thursday showing an eagerness to manage the economic rivalry between their countries.Trump talked about the possibility of increased economic ties, and Xi held out the possibility of U.S. companies enjoying “even broader prospects in China.”Even the most glaring point of friction in the talks – a warning from Xi that differences over Taiwan could lead to conflict and jeopardize the relationship – could be an opportunity to dial down the tensions if the two economic powerhouses find ways to navigate their complicated relationship.“Trump and Xi are staking out their positions on geopolitical issues that are of particular importance to each of them, while signaling some openness to being more accommodative on other subjects like trade, technology, and market opening,” says Eswar Prasad, a Cornell economics professor and former head of the China division for the International Monetary Fund.China greeted Trump and a delegation of more than a dozen chief executives from U.S.
13.05 / 01:21
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Trump faces an emboldened China in return to Beijing
Subscribe to enjoy similar stories.BEIJING—When President Trump returns to China nearly a decade after his last visit, he will find a country that is more self-sufficient, militarily assertive and economically insulated from the tools the president has used to stymie it and its ambitions.China has caught up to or surpassed the U.S. in technologies such as batteries, robotics and advanced manufacturing.
11.05 / 17:43
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Why Trump’s China Summit Could End the Chip Stocks Rally
Subscribe to enjoy similar stories.The likes of Intel and Micron Technology have powered the market higher in recent weeks but escalating geopolitical worries could scuttle the chip-stocks rally.In a research note published on Monday, Gavekal Research CEO Louis-Vincent Gave named the looming summit between U.S. President Donald Trump and China’s premier Xi Jinping as one reason for investors to feel cautious about the semiconductor sector.The two leaders are set to meet in China on Thursday and Friday, Beijing confirmed.Trump needs to replenish the U.S.
11.05 / 01:25
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Iran war hangs over China summit
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24.04 / 02:09
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Iran war complicates contingency plans to defend Taiwan, some US officials say
Subscribe to enjoy similar stories.WASHINGTON—The U.S. has burned through so many munitions in Iran that some administration officials increasingly assess that America couldn’t fully execute contingency plans to defend Taiwan from a Chinese invasion if it occurred in the near term, U.S. officials said.The U.S.
22.04 / 10:47
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economy
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shock
How Asia’s biggest nations are riding out the energy shock
Subscribe to enjoy similar stories.When the war in Iran started nearly two months ago, countries in Asia—which receive more than 80% of the oil and liquefied natural gas delivered through the Strait of Hormuz—were among the most exposed to the energy shock.But now, a combination of deep reserves, aggressive energy conservation efforts and savvy diplomatic efforts have allowed the deepest-pocketed of them to weather the blow—at least for now.They rushed to locate energy outside the Middle East, including the U.S. and Russia, often paying top dollar on the spot markets.
19.04 / 05:41
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America’s allure Fades in China, keeping talent away
Subscribe to enjoy similar stories.BEIJING—For decades, China has broadcast a simple message to its people: America is a chaotic and dangerous place.For just as long, that message largely failed to resonate, as millions of Chinese people looked across the Pacific and saw a proverbial “shining city upon a hill.” Many of China’s best and brightest saw the U.S. as a land of boundless opportunity underpinned by robust rule of law.Today, America’s allure is fading.
09.04 / 06:39
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Equality
Time for triple-loop thinking: Are we asking the right geo-strategic, economic and social questions?
An image on the 3 April cover of The Economist shows an angry US President Donald Trump shouting on one side, with China’s President Xi Jinping calmly smiling on the other. “Never interrupt your enemy when he is making a mistake,” says the headline.A revealing picture in the White House’s archives shows US National Security Advisor Henry Kissinger and Chinese Premier Zhou Enlai shaking hands in Beijing on 9 July 1971, when Kissinger made his secret dash for a détente with China. The press was told that Kissinger was unwell and resting in Pakistan.
04.03 / 08:35
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prevention
Why the Iran war is not a setback for China, but a lesson—and maybe even an opportunity to exploit
Those who view President Donald Trump’s strikes on Iran as a blow to China should think again. Beijing will manage any potential leadership change in Tehran as long as the oil keeps flowing, a summit with Trump and President Xi Jinping stays on track, and Washington handles Taiwan—China’s most sensitive red line—with care. Xi’s strategy is closer to the ancient Chinese phrase that notes the benefit of sitting on the mountain and watching the tigers fight: conserve strength while others exhaust themselves, and intervene only if core interests are directly threatened.Beijing doesn’t think of alliances the way the US does.
23.02 / 01:19
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Under Trump pressure, Iran finds its friends are of little help
Subscribe to enjoy similar stories. Iran has sought for years to build closer military ties with China and Russia, but its powerful friends are proving reluctant to step forward as the regime faces the most acute U.S. threat to its survival in decades.
21.02 / 13:17
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Tariff ruling brings little comfort overseas
Subscribe to enjoy similar stories. The Supreme Court’s decision overturning President Trump’s use of emergency powers to impose tariffs on imports isn’t the game-changer for international trade that it might appear to be at first. In Asia, Europe and the Americas, governments don’t expect Trump to abandon his favorite tool of economic policy, despite the legal setback.
19.02 / 10:01
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country
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Beijing’s BRI isn’t in retreat and ‘debt trap’ warnings are falling on deaf ears in the Global South
China’s Belt and Road Initiative (BRI) is not in retreat, although many have been predicting its untimely demise for some time. Far from shrinking, President Xi Jinping’s signature lending plan is adapting, and in doing so becoming harder to counter. It’s shifting from financing megaprojects to becoming a long-term development partner, particularly for fast-growing economies in the Global South.
15.02 / 07:17
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China watchers are trying to spot the next target of Xi’s purges
Subscribe to enjoy similar stories. Beijing’s recent announcement of an investigation into its top general was a bombshell with a mystery at its heart: What pushed Chinese leader Xi Jinping to purge a friend he had entrusted to overhaul the military? Official newspaper editorials have condemned Gen. Zhang Youxia for allegedly undermining Xi’s authority, abetting corruption and damaging efforts to develop China’s combat effectiveness.
13.02 / 09:45
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innovations
What’s worse for innovation: MAGA or Mao?
Subscribe to enjoy similar stories. PITY THE young, for the world is run by old men. President Donald Trump (79) and China’s ruler, Xi Jinping (72), talk a good game about AI, robots and other futuristic marvels.
09.02 / 04:25
UPS
security
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President
2020
Courts
Hong Kong’s Jimmy Lai given 20-year sentence, adding friction to US-China ties
Subscribe to enjoy similar stories. HONG KONG—A Hong Kong court sentenced former tycoon Jimmy Lai, an outspoken 78-year-old critic of China’s Communist Party, to 20 years in prison, a ruling that adds further friction in U.S. relations with China.
09.02 / 01:25
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BURST
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Takaichi rolls to a landslide victory in Japan
Subscribe to enjoy similar stories. Who says every political leader in the free world is unpopular? Japanese Prime Minister Sanae Takaichi defied that stereotype on Sunday by leading her Liberal Democratic Party to a sweeping victory in the lower house of Parliament. Returns show the LDP on a path to win a comfortable majority on its own, which amounts to a landslide.
27.01 / 11:11
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travelers
Stung by Trump, America’s top trading partners cozy up to China
Subscribe to enjoy similar stories. U.S. trading partners, feeling burned by an unpredictable and transactional White House, are reassessing China in a drive to lessen their longstanding reliance on America.
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