Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Hong Kong pulls ahead of Singapore in race to attract crypto-treasuries: blockchain expert

October 31, 2025

Hong Kong stocks on course for monthly loss as fundamentals weigh after Xi-Trump summit

October 31, 2025

Indonesia still ‘considering’ buying Chinese J-10 fighter jets to modernise its military

October 31, 2025
Facebook X (Twitter) Instagram
Friday, October 31
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Xi-Trump summit yields wins for both China and US despite lack of breakthroughs
China

Xi-Trump summit yields wins for both China and US despite lack of breakthroughs

adminBy adminOctober 30, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 6


The first in-person summit between Chinese and American leaders since US President Donald Trump’s return to office marked a symbolic reset in the balance of power between the two rivals, yielding a time-bound agreement to pause escalation in their intensifying trade conflict.
From freezing new tariffs and rare earth export controls to resuming key US agricultural exports and pledging cooperation on Ukraine, both sides achieved tactical de-escalation in the Thursday meeting, allowing each to claim a win despite a lack of strategic breakthroughs, according to observers.

For Trump, fresh from signing critical minerals pacts with Japan and South Korea and nearing the end of an Asia tour aimed at reasserting American influence in the Indo-Pacific, the summit offered a chance to project strength and leadership on the global stage.

He hailed his “great success” in the 100-minute meeting with President Xi Jinping in Busan, South Korea – their first encounter since 2019 – while describing his Chinese counterpart as “a well-respected great leader” and a “good” friend of many years.

Notably, Trump referred to China as “the biggest partner of the United States” and earlier in the day framed the talks as a “G2 summit”, signalling a recognition of Beijing as Washington’s peer as a superpower.

Xi, having just concluded the Communist Party’s fourth plenum, also projected confidence. He arrived with a renewed mandate for China to achieve technological self-reliance and become a global maritime power amid slowing growth and internal pressures.

“We have no intention to challenge or supplant anyone. Our focus has always been on managing China’s own affairs well,” he told Trump, according to state news agency Xinhua.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

China

Indonesia still ‘considering’ buying Chinese J-10 fighter jets to modernise its military

October 31, 2025
China

Developer China Vanke reports US$2.3 billion loss amid sales slowdown

October 31, 2025
China

AI models from China’s DeepSeek, Alibaba and the US flatter users too much, study finds

October 30, 2025
China

Xi and Trump’s high-stakes meeting in South Korea: everything you need to know

October 30, 2025
China

Brazil shrugs off US-China soybean deal as seasonal trade

October 30, 2025
China

What does the Xi-Trump summit’s silence on Taiwan mean for the contentious issue?

October 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Amin Lodhi appointed SBP’s deputy governor – Business & Finance

October 31, 2025

UBG slams decision to maintain policy rate – Business & Finance

October 31, 2025

Leather & Footwear Sector: SMEDA, HCSTSI hold session on sales, marketing strategies – Business & Finance

October 31, 2025

‘Pakistan experiencing unprecedented solarisation of its energy sector’ – Markets

October 30, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Hong Kong pulls ahead of Singapore in race to attract crypto-treasuries: blockchain expert
  • Hong Kong stocks on course for monthly loss as fundamentals weigh after Xi-Trump summit
  • Indonesia still ‘considering’ buying Chinese J-10 fighter jets to modernise its military
  • Developer China Vanke reports US$2.3 billion loss amid sales slowdown
  • Developer China Vanke reports US$2.3 billion loss amid sales slowdown

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Hong Kong pulls ahead of Singapore in race to attract crypto-treasuries: blockchain expert

October 31, 2025

Hong Kong stocks on course for monthly loss as fundamentals weigh after Xi-Trump summit

October 31, 2025

Indonesia still ‘considering’ buying Chinese J-10 fighter jets to modernise its military

October 31, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.