All posts tagged: Beijing

Trump is in China. Vitro is a cautionary tale of Chinese investment

Trump is in China. Vitro is a cautionary tale of Chinese investment

Construction materials sit in front of the loading docks at the Fuyao Glass America production facility in Moraine, Ohio, U.S., on Friday, Aug. 19, 2016. Ty Wright | Bloomberg | Getty Images MEADVILLE, Pa — President Donald Trump is in China, courting new trade deals with Beijing. One glassmaker in the U.S. is warning that their top Chinese competitor exemplifies the risks of letting China in. CNBC last week visited a Vitro glass plant in Meadville, Ohio, with Rep. Ro Khanna, D-Calif., who is the top Democrat on the U.S.-China select committee in Congress. The plant is helping produce glass for solar panels, and has long produced automotive glass. CNBC travelled with Khanna throughout the Rust Belt as part of his “Heartland Tour,” a multi-state swing through the country’s industrial heart to highlight the growth of U.S. manufacturing and the risks from China, the U.S.’s chief competitor. During Khanna’s visit, executives from Vitro aimed their fire at chief rival, Fuyao, and warned that without protection, all competitors in the glass industry would be pushed out. …

Trump leaves Beijing with few wins, many warm words for Xi

Trump leaves Beijing with few wins, many warm words for Xi

US President Donald Trump departed China on Friday ​touting business deals that gave markets little to cheer, while Beijing warned Washington about mishandling Taiwan and said its war with Iran should never have started. Trump’s visit to America’s main strategic and economic rival, the first by a US president since his last trip in 2017, had aimed for tangible results to beef up his dented approval ratings ahead of crucial midterm elections. Source link

Beijing summit yields Chinese goal — equal footing with U.S.

Beijing summit yields Chinese goal — equal footing with U.S.

BEIJING — President Donald Trump embraced a name for this week’s summit with his Chinese counterpart, Xi Jinping, riffing on the Group of Seven meeting of the world’s largest economies. “It’s the two great countries. I call it the G-2. This is the G-2,” he said in an interview with Fox News’s Sean Hannity that aired Friday and was taped after Thursday’s bilateral meeting with Xi. “I think it’ll go down as a very important moment in history.” Source link

‘Extremely positive and productive talks’: Trump praises Xi meeting

‘Extremely positive and productive talks’: Trump praises Xi meeting

Chinese President Xi Jinping warned his US counterpart Donald Trump that missteps on Taiwan could push their two countries into “conflict”, a stark opening salvo as they met in Beijing on Thursday for a two-day summit. The Chinese Foreign ministry said the comments came in a closed-door meeting that lasted more than two hours. It was followed by a friendlier, opulent banquet during which Trump and Xi stressed the importance of working together. Story by Carys Garland. Keywords for this article Source link

Five takeaways from the Trump-Xi summit in Beijing so far

Five takeaways from the Trump-Xi summit in Beijing so far

U.S. President Donald Trump arrives for a state banquet hosted by Chinese President Xi Jinping at the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty Images The U.S. and China agreed to forge more cooperative ties at their summit in Beijing on Thursday, in a high-stakes meeting full of friendly gestures between two countries that have been battling for years on issues ranging from intellectual property and human rights to technology and trade. Here are five key points, based on the meeting’s readouts from the Chinese government and a White House official. 1. New positioning Chinese President Xi Jinping and U.S. President Donald Trump agreed to develop a “constructive China-U.S. relationship of strategic stability,” according to Beijing’s official English readout of the summit. Beijing will treat this as the guiding framework for the next three years and beyond, Xi said. The strategic positioning would be led by cooperation and “measured competition” with manageable differences, Xi said, according to the readout, while stressing that …

China’s Xi warns Trump on Taiwan at Beijing summit

China’s Xi warns Trump on Taiwan at Beijing summit

Chinese President Xi Jinping warned President Trump about tensions between Washington and Beijing over Taiwan during their bilateral meeting Thursday, according to the Chinese Foreign Ministry.  “Safeguarding peace and stability across the Taiwan Strait is the biggest common denominator between China and the U.S.,” Xi told Trump, according to a post on the social platform… Source link

Taiwan says China ‘sole risk’ to peace after Xi warned Trump over Taiwan issue

Taiwan says China ‘sole risk’ to peace after Xi warned Trump over Taiwan issue

It’s an honor to be your friend – Donald Trump told Xi Jinping. Xi Jinping, however, responded by offering a cautionary warning about avoiding a possible clash between the two nations. A contrast in tone underscoring then just how far apart the leaders remain on thorny issues including the war in Iran, trade disputes and Washington’s relationship with Taiwan. Should Taiwan expect any substantive change in the US policy towards the island? Details by FRANCE 24 correspondent in Taipei, Jan Camenzind Broomby. Keywords for this article Source link

Analysts expect ‘stabilization’ in U.S.-China ties as Trump-Xi meet

Analysts expect ‘stabilization’ in U.S.-China ties as Trump-Xi meet

U.S. President Donald Trump and Chinese President Xi Jinping attend a bilateral meeting at the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty Images As the world watches U.S. President Donald Trump and Chinese leader Xi Jinping’s historic summit, analysts suggest it could mark a reset in ties between the world’s top two economies. The two leaders are expected to discuss a slew of thorny issues, including Chinese purchases of American agricultural and industrial goods, tariffs, Taiwan, and rare earths, with the backdrop of the war in Iran.  After nine turbulent years, the summit could mark a “defining test” for the world’s G2 power dynamic, said Justin Feng, Asia economist at HSBC, pointing out that the U.S., China, and European Union now account for 60% of global GDP. The summit builds on Trump and Xi’s meeting late last year in South Korea that led to a thaw in the trade war between the two countries, with Trump referring them as G2, sparking hopes …

Trump lands in Beijing ahead of high-stakes summit with Xi

Trump lands in Beijing ahead of high-stakes summit with Xi

President Donald Trump landed in Beijing on Wednesday evening local time, kicking off a two-day summit with Chinese leader Xi Jinping, the first such meeting in nearly nine years. The president was greeted at the airport by China’s Vice President Han Zheng, a military band, and hundreds of young people waving flags. Trump is scheduled to meet Xi on Thursday around 10 a.m. local time for an arrival ceremony, followed by a full day of meetings and events. The high-stakes summit is expected to cover a wide range of contentious topics, including trade, technology, export controls, Taiwan, and the Iran war, which is likely to feature prominently in the talks. Read more Trump-Xi meeting coverage Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held an hours-long preparatory meeting in Seoul, South Korea, on Wednesday, focused on economic and trade issues. Beijing later described it as “candid, in-depth and constructive.” Expectations for concrete deliverables from the summit remain low, however, as structural competition and distrust between the two superpowers run deep. Trump is accompanied …