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The Latest Breaking News from Beijing

Scott Bessent made a billion betting against a faked currency. On China's, the Treasury chief is silent

Bessent has been a currency hawk ever since he worked for George Soros in 1992 and saw something off with the British pound.

Fortune

Why Bank of America Is Betting Big on ASML Stock as Trump-Xi Meet

As Trump and Xi meet in Beijing, ASML stock is expected to emerge as a key winner from any easing in U.S.-China chip tensions.

Barchart

For anxious Taiwan, Trump’s silence after Xi talks is best possible outcome

Island breathes sigh of relief as fears recede that US could jettison longstanding support

The Guardian - UK

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Why Putin will have been watching the Trump-Xi summit nervously

The opening headlines from the summit between Donald Trump and Xi Jinping in Beijing signal an openness on the Chinese side towards stabilising relations with the US. In his opening remarks, the Chinese president noted that China and the US “should be partners not rivals”. But he warned Trump that…

The Conversation

'Taiwan question': Trump stays quiet, Xi warns of 'clashes and conflicts if not handled properly'

China warned of "clashes and even conflicts" over Taiwan if the issue is not handled properly during talks between Presidents Trump and Xi. While Trump remained silent on Taiwan, Beijing confirmed it was raised, with Xi calling it the most important issue in US-China ties. US policy remains unchanged, but…

The Times of India

'Overstimulated' Elon Musk Puffs Out Cheeks in Viral Chinese State Dinner Photos

Elon Musk's animated expressions at a Beijing state dinner with Xi Jinping and Donald Trump have gone viral, as the Tesla boss juggles social awkwardness and global business diplomacy.

International Business Times UK

Elon Musk faces a mix of admiration and scrutiny during his China visit with US President Donald Trump; here's why

Elon Musk is in China for a summit with President Xi Jinping. He faces a mix of admiration and scrutiny. While Tesla's electric vehicles inspire local rivals, SpaceX's Starlink raises military concerns. Musk seeks to expand business, balancing opportunities with China's evolving tech landscape and domestic competition.

The Economic Times

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US, China discussing AI 'guardrails': Treasury secretary Bessent

The United States and China were discussing setting up "guardrails" for the use of artificial intelligence (AI), US Treasury Secretary Scott Bessent told CNBC on Thursday, with growing calls for regulation of the burgeoning technology. The Treasury secretary said Washington and Beijing would set up a "protocol" on the path…

The Economic Times

‘Terrible mistake’ if China takes Taiwan by force; US position unchanged: Rubio

US Secretary of State Marco Rubio warned that it would be a “terrible mistake” if China tried to take Taiwan by force, while reiterating that Washington’s position on the island remains unchanged. Earlier, US Treasury Secretary Scott Bessent said President Donald Trump would speak more on Taiwan during his Beijing…

The Economic Times

U.S. Intelligence Concludes China Is Exploiting Iran War To Gain Edge Over Washington In a Range Of Fields: Report

A U.S. intelligence analysis concluded that China taking advantage of the war in Iran to gain an edge over the U.S. in a range of areas, including the military, the economy and the diplomatic field.

International Business Times

Xi's 'blunt' warning to Trump on Taiwan exposes profound risks: Analysts

During a tense summit in Beijing, Chinese President Xi Jinping sent a clear message to US President Donald Trump regarding Taiwan. The talks underscored the fragile state of US-China relations, prompting analysts to predict that while the fallout may not be immediate, the stakes are high.

The Economic Times

New Attacks in Hormuz

Plus: a different type of pizzagate, Kevin Warsh as the new Jerome Powell, and more...

Reason

U.S. And China Agree That Strait Of Hormuz Should Not Be Militarized, Rubio Says

Secretary of State Marco Rubio said the U.S. and China agreed on the notion that the Strait of Hormuz should not be militarized as Iran seeks to control the key waterway amid the war.

International Business Times

Five taps and no yank: What Trump and Xi’s ‘power-play’ handshake reveals about the world leaders

President Donald Trump and Chinese Persident Xi Jinping met on the steps of the Great Hall of the People in Beijing, with commentators poring over the interaction in search of tell-tale gestures

The Independent UK

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The Conversation

Trump-Xi summit: in a high-stakes meeting the two leaders can’t afford to misread each other

The summit between Chinese president, Xi Jinping, and US president, Donald Trump, reportedly covered a lot of ground. The two leaders are said to have discussed trade, technology and the war in Iran, agreeing that Strait of Hormuz should be kept open. But the most potentially hazardous issue they covered…

Barchart

Cotton Collapsing Early on Thursday

Cotton futures closed the Wednesday session with contracts coming off the midday highs, up 7 to 49 points. The US dollar index was $0.215 higher at $98.395. Crude oil was down $1.18 at $101.00 at the close. A meeting between President Trump and China’s President Xi in Beijing concluded early...

International Business Times UK

Fight Erupts in Trump-Xi Summit: Live Video Captures Profane Shouting and Chaos as Camera Tumbles to Ground

A Trump-Xi summit in Beijing briefly descended into chaos when a scuffle broke out on live video as Donald Trump entered a meeting room, with a voice shouting 'get the f--k out' before a camera hit the floor.

The Economic Times

China wouldn't let Marco Rubio in, so he did something nobody in US politics has ever done

Marco Rubio visited China with Donald Trump. Beijing altered the spelling of Rubio's name to bypass sanctions imposed in 2020. This linguistic change allowed his entry despite previous criticism of China's human rights record. The meeting between Trump and Xi Jinping focused on Taiwan. China warned of potential conflict over…

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The Economic Times

Trump invites Chinese President to White House, Xi calls for "new chapter" in ties

US President Donald Trump extended an invitation to Chinese leader Xi Jinping for a White House summit in September. Trump praised the strong bond between the two nations during his state visit to Beijing. He noted a positive and constructive discussion with Xi. The leaders expressed a desire for continued…

International Business Times UK

'Lost Soul' Elon Musk Just Went Full 'Tourist' During A Massive Diplomatic Meeting In China

Elon Musk taking tourist-style photos during Donald Trump's formal welcome in Beijing highlights the uneasy mix of tech billionaires, family members and officials in high-level US–China diplomacy.

Euronews

World markets rise on Trump-Xi summit hopes

Trump and Xi met at the Great Hall of the People in Beijing, where both sides agreed the Strait of Hormuz must remain open, a key demand as the Iran war drags into its third month.

The Independent UK

Does Trump really care about Taiwan? Everything the US president has said about the island

Analysts say president’s shifting rhetoric deepens US policy of ‘strategic ambiguity’ on Taiwan

International Business Times UK

Donald Trump Can't Stop Praising Xi Jinping in China Despite Previous Claims That Beijing Rips Off the United States

During a state visit to Beijing, Donald Trump praised Xi Jinping, marking a stark contrast to his previous criticisms of China amidst ongoing trade tensions.

The Times of India

Trump invites Xi to White House after Beijing summit talks

In a significant diplomatic gesture, President Trump has welcomed Chinese President Xi Jinping and his spouse to the White House on September 24th, calling it a historic meeting of minds. Central to their discussions was the crucial issue of ensuring stable global energy flows through the strategically vital Strait of…

International Business Times UK

President Xi Just Expertly Handled Donald Trump's 'Juvenile' Power Handshake

During a Beijing summit, Xi Jinping's composed response to Donald Trump's aggressive handshake highlighted contrasting diplomatic styles, sparking online debate about power dynamics and leadership approaches.

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