The uncomfortable truth for Xi is that his domestic economy is in trouble. While the country sells a record number of goods around the world, consumers at home are holding back. Youth unemployment remains stubbornly high and property prices have slumped in a country where 80% of people own their own homes. Trade is helping
Experts who spoke to the BBC said any major breakthroughs on AI or other issues are unlikely to occur during the Trump-Xi meetings this week. Then there is Taiwan, which remains a diplomatic thorn. The US Congress has approved a multibillion-dollar arms sale to Taiwan that awaits Trump’s signature. He has held off for now,
Of all the events in the United Nations General Assembly taking place this week, the most anticipated by far is the upcoming meeting between Donald Trump and Chinese president Xi Jinping. Though the majority of the diplomatic activities are happening in New York, this face-to-face between the two leaders will take place at the White
President Donald Trump is moving toward levying a new tariff on China that would penalize the world’s second-largest economy for flooding the global market with underpriced goods, according to three people familiar with the matter. Two of the people, who spoke on condition of anonymity to discuss internal deliberations still being finalized, said Trump is
