Beijing: Donald Trump arrives tomorrow in Beijing for a 2-day summit after being delayed by a war against Iran he did not expect to still be fighting. Alongside the West Asian crisis is another one in trade and technology between China and the US. Two cycles of escalation and truce last year have given both sides a clearer sense of its contours.
The economic relationship between the two countries generates constant headlines, ranging from sanctions on Chinese refineries to the Meta AI deal reportedly unwound after Chinese regulators ordered its reversal over the past few weeks. However, the main pattern is better understood through two US-initiated exchanges in 2025, each met by Chinese countermeasures, which together outline the boundaries of a managed economic competition.
