BEIJING: US President Donald Trump is seeking trade wins when he meets Xi Jinping on Friday for the last day of a superpower summit, he says has already resulted in a Chinese offer to help open the Strait of Hormuz. The US leader is hoping to seal deals in sectors including agriculture, aviation, and artificial intelligence, as well as contain differences between the two sides in a number of tense geostrategic areas &mdash; not least the Middle East war. Trump&#39;s overtures to Xi, whom he described as a &quot;great leader&quot; and &quot;friend,&quot; have so far been met with more muted tones by the Chinese leader. But in an interview with Fox News after the first day of the summit wrapped, Trump said the talks in Beijing had gone well, saying Xi had agreed to several US wishlist points. On the topic of the war in Iran, the US president said Xi had effectively assured his counterpart that China was not preparing to militarily aid Tehran, which has essentially closed the Strait of Hormuz. &quot;He said he&#39;s not going to give military equipment ... he said that strongly,&quot; Trump told Fox. &quot;He&#39;d like to see the Hormuz Strait open, and said &#39;if I can be of any help whatsoever, I would like to help,&#39;&quot; Trump added. Deals to be struck? On Friday, Trump heads to Zhongnanhai, a central leadership compound next to Beijing&#39;s Forbidden City. There, he will have tea in the gardens with Xi and hope to turn the discussions to trade. In the Fox interview, Trump said one big business deal had already been struck, saying Xi had agreed to purchase &quot;200 big&quot; Boeing jets. Shares of the US aviation giant fell after Trump&#39;s comments, in a sign the market had expected a more robust purchase from China. The US president said Beijing had also voiced interest in buying US oil and soybeans. China, which is the key foreign customer of Iranian oil, bought small amounts of US oil before Trump imposed tariffs last year. It has sharply slowed down purchases of US soybeans, turning instead to Brazil. And Treasury Secretary Bessent told CNBC that Trump and Xi were talking about setting up &quot;guardrails&quot; for the use of artificial intelligence. Bessent said the world&#39;s &quot;two AI superpowers are going to start talking,&quot; though US export controls on the advanced technology to China remain a sore point in relations. Transcending the trap? Trump&#39;s visit to Beijing is the first by an American president in nearly a decade. On Thursday, Xi referenced the &quot;Thucydides Trap,&quot; a political theory referring to an increased likelihood of war when a rising new power competes with an established great power. Xi said, however, that he thought the United States and China could &quot;transcend&quot; this danger. Responding to the comments in a social media post in the early hours of Friday, Trump said Xi &quot;very elegantly referred to the United States as perhaps being a declining nation.&quot; He insisted Xi was not referring to the United States under his watch, which he claimed was experiencing an &quot;incredible rise,&quot; but rather the country under his predecessor Joe Biden. &quot;Two years ago, we were, in fact, a Nation in decline,&quot; Trump posted on his Truth Social site. &quot;Now, the United States is the hottest Nation anywhere in the world, and hopefully our relationship with China will be stronger and better than ever before!&quot; He said that Xi &quot;congratulated me on so many tremendous successes.&quot;

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The US leader is hoping to seal deals in sectors including agriculture, aviation and artificial intelligence, as well as contain differences between the two sides in a number of tense geostrategic areas — not least the Middle East war.

Trump to seek tangible trade wins in Xi summit

BEIJING: President Donald Trump will visit China from May 13 to 15, Beijing confirmed on Monday, with the US leader expected to discuss Iran and trade with his Chinese counterpart. Washington and Beijing have been at loggerheads over key issues ranging from trade tariffs to the Middle East war and Taiwan, which China claims as part of its territory. Trump was originally meant to visit in late March or early April, but postponed his trip to focus on the Iran war. &quot;At the invitation of President Xi Jinping, President of the United States of America Donald J. Trump will pay a state visit to China from May 13 to 15,&quot; a Chinese foreign ministry spokesperson said. Trump is expected to push Xi on Iran while aiming to ease trade tensions, according to US officials. China is a key customer for Iranian oil, mainly through independent &quot;teapot&quot; refineries that rely on discounted crude from the Islamic republic. &quot;This will be a visit of tremendous symbolic significance,&quot; US Principal Deputy Press Secretary Anna Kelly told reporters on a call. &quot;But of course, President Trump never travels for symbolism alone. The American people can expect the president to deliver more good deals on behalf of our country.&quot; Trump&#39;s first trip to China in his second term will feature pomp and ceremony including a tour of the Temple of Heaven in Beijing and a lavish state banquet, the White House said. This is the first visit by a US president to China since 2017.

Washington and Beijing have been at loggerheads over key issues ranging from trade tariffs to the Middle East war and Taiwan, which China claims as part of its territory.


China confirms Trump's visit this week

BEIJING: China announced two separate investigations on Friday into US trade practices in response to Washington&#39;s probes this month of Beijing, including over alleged forced labour. The probes into alleged disruptions to the global supply chain and trade of &quot;green products&quot; were &quot;in response to the two US Section 301 investigations against China&quot;, a commerce ministry spokesperson said in a statement. The United States launched trade investigations this month into dozens of countries, including China, centred on overproduction and importing goods made with forced labour. The efforts came weeks after the US Supreme Court struck down President Donald Trump&#39;s global tariffs, saying he had exceeded his authority in tapping emergency economic powers to impose them on virtually all countries. China had called those &quot;Section 301&quot; investigations which target foreign trade &quot;political manipulation&quot;. Beijing&#39;s commerce ministry said on Friday it would &quot;take corresponding measures in accordance with the investigation situation (and) firmly safeguard its own legitimate rights and interests&quot;. Both investigations would &quot;conclude within six months&quot; but may be extended up to three months, it added. The White House has said Trump will visit Beijing from May 14-15, with the timing postponed by several weeks as a result of the war in the Middle East.

China launched two trade investigations against the U.S. in retaliation for Washington’s probes into Chinese goods and practices.

China announces two reciprocal trade investigations against US

WASHINGTON: US President Donald Trump has said he will host Chinese leader Xi Jinping at the White House late this year, as the world&#39;s top two economies look to reset ties marred by a roiling trade war. Trump made the comment in an interview with NBC News taped Wednesday &mdash; the same day he and Xi had a wide-ranging conversation about trade, Taiwan, Russia&#39;s war in Ukraine, and the situation in Iran. Trump is expected to go to China in April, before Xi visits the United States. &quot;He&#39;s coming to the White House, yeah &mdash; toward the end of the year,&quot; Trump said in the interview, parts of which aired Sunday. &quot;These are the two most powerful countries in the world, and we have a very good relationship.&quot; Since Trump returned to the White House a year ago, he has been a prolific purveyor of tariffs, unveiling sector-specific levies on steel, autos, and other items as well as broader measures to achieve a variety of policy objectives. The White House has <a href="https://www.pakistantv.com/article/china-says-will-fight-to-the-end-in-us-trade-war" style="color:#0073e6;">jousted</a> with Beijing on trade but reached a broad truce with China after a major escalation last spring. Despite moves from the United States intended to lessen its dependence on Chinese manufacturing, the two countries remain deeply entwined economically. Xi, who last visited the United States in 2023, on Wednesday warned Trump to proceed with &quot;caution&quot; on selling arms to self-ruled Taiwan, which China claims as part of its territory. The Chinese leader also voiced hope that bilateral issues, including trade, could be resolved amicably between Beijing and Washington. &quot;By tackling issues one by one and continuously building mutual trust, we can forge a right way for the two countries to get along,&quot; Xi said, according to state broadcaster CCTV. Trump, meanwhile, said the <a href="https://www.pakistantv.com/article/xi-holds-call-with-trump-chinese-state-media" style="color:#0073e6;">conversation</a> with Xi was &quot;excellent&quot; and that &quot;we both realize how important it is to keep it that way.&quot; On Friday, the United States urged three-way talks with Russia and China to set new limits on nuclear weapons, but Beijing so far has rejected joining disarmament negotiations &quot;at this stage.&quot;

US president is expected to go to China in April, before Xi would then visit the United States; White House has jousted with Beijing on trade but reached a broad truce with China after a major escalation last spring.

Trump says China's Xi to visit US 'toward the end of the year'

PALM BEACH: US President Donald Trump on Monday announced a new class of heavily armed warships that will be named after himself &mdash; an honor usually reserved for leaders who have left office. Two of the Trump-class ships will be built initially, but that number could grow substantially, according to the president, who said they will be &quot;some of the most lethal surface warfare ships&quot; and &quot;the largest battleship in the history of our country.&quot; Trump announced at his Mar-a-Lago residence in Florida alongside Pentagon chief Pete Hegseth, Secretary of State Marco Rubio, and Navy Secretary John Phelan, with images of the planned high-tech vessels on stands nearby. Asked if the planned warships are a counter to Washington&#39;s rival Beijing, Trump declined to specify, instead saying: &quot;It&#39;s a counter to everybody, it&#39;s not China. We get along great with China.&quot; He said the ships will weigh between 30,000 and 40,000 tons and will be armed with missiles and guns as well as weaponry still in development, such as lasers and hypersonic missiles. They will also be capable of carrying atomic weapons in the form of the nuclear-armed sea-launched cruise missile, Trump said. The Trump-class ships will be substantially larger than existing US destroyers and cruisers, but the projected displacement cited by the president is somewhat smaller than that of the last American battleships &mdash; the Iowa class &mdash; which were retired in the 1990s. &#39;Most powerful fleet anywhere&#39;&nbsp;Trump &mdash; who has complained in the past about the appearance of US ships &mdash; said he would be involved in the design along with the Navy &quot;because I&#39;m a very aesthetic person.&quot; Trump&#39;s announcement came just days after the Navy publicized plans for another new class of ships &mdash; frigates dubbed the FF(X) that it said will &quot;complement the fleet&#39;s larger, multi-mission warships.&quot; Phelan has said the FF(X) will be based on an existing design from shipbuilder HII that is already in use by the United States Coast Guard, and that the aim is for the first of the new frigates to be in the water by 2028. The new frigate plans were announced after Phelan said in late November that four of six planned ships from the Constellation class of frigates would be canceled, while two that are already under construction are &quot;under review.&quot; Washington has fallen significantly behind Beijing in the number of ships in its Navy, and a report to Congress earlier this year noted that US military officials and other observers are concerned about the pace of China&#39;s shipbuilding efforts. &quot;We&#39;re going to restore America as a major shipbuilding power,&quot; Trump said on Monday, adding: &quot;We&#39;re going to ensure the USA has the most powerful fleet anywhere in the world, and long into the future, with battleships helping lead the way.&quot;

Asked if planned warships are a counter to Washington's rival Beijing, Trump says: 'It's a counter to everybody, it's not China. We get along great with China.'

Trump announces new US warship class named after himself

BEIJING: China&#39;s push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle to match the technical might of US powerhouse Nvidia within the current decade.&nbsp;Ramping up its chip industry is a way for Beijing to beat restrictions imposed by Washington on exports of the most advanced chips &mdash; used to power AI systems &mdash; to China.&nbsp;The United States cites national security concerns, such as the risk of giving China a military advantage, as the reason for the block, a geopolitical bind that shows no sign of easing.&nbsp;&quot;China wants chips that policy cannot take away,&quot; said Stephen Wu, a former AI software engineer and founder of the Carthage Capital investment fund.&nbsp;However, &quot;full end-to-end parity with Nvidia&#39;s best chips, memory packaging, networking and software is not guaranteed&quot; by 2030 or even beyond, Wu told AFP.&nbsp;Announcements by Chinese companies of computing upgrades and reports of plans to dramatically increase the output of advanced semiconductors have driven up chip-related shares in the country.&nbsp;But to catch up with Nvidia, China needs to make fast progress on high-bandwidth memory and packaging &mdash; &quot;the hardest and most complex parts of the chip,&quot; Wu said.&nbsp;Other challenges include building the right software to harness the chips&#39; power and upgrading manufacturing tools.&nbsp;&quot;These chips are extremely advanced and tiny, so imagine carving a stone sculpture with a hammer instead of a chisel,&quot; Wu said.&nbsp;&#39;Only way&#39; to succeed&nbsp;&quot;The industry consensus is China at least needs five to ten years to catch up,&quot; said George Chen of The Asia Group, a view reflected by Dilin Wu, research strategist at Pepperstone.&nbsp;&quot;The future is bright, but not yet,&quot; she told AFP.&nbsp;&quot;It&#39;s maybe a 2030 story&quot; as &quot;significant gaps remain in terms of performance, and also in terms of energy efficiency and ecosystem maturity.&quot;&nbsp;Public demand for AI services is booming in China, and while government support for new chips is &quot;substantial,&quot; the investment required is &quot;immense,&quot; she added.&nbsp;Shares in Alibaba, the e-commerce titan ploughing billions of dollars into AI tech, have more than doubled since January.&nbsp;And Chinese chip industry leader Huawei will reportedly double the output of its top Ascend 910C chip in the next year.&nbsp;The hype has also sharply driven up stocks in the smaller chipmaker Cambricon, sometimes dubbed &quot;China&#39;s Nvidia.&quot;&nbsp;&quot;I think this rally can be sustained,&quot; partly because it is driven by Chinese government policy, Pepperstone&#39;s Wu said.&nbsp;Even Xiaomi, whose 2014 venture into chip design was a confessed flop, is turning back to semiconductors.&nbsp;&quot;Chips are the only way for Xiaomi to succeed,&quot; the company&#39;s CEO Lei Jun said in Beijing last month, referring to the production of high-end smartphone chips.&nbsp;&#39;Best in China&#39;China, the world&#39;s biggest consumer of semiconductors, is a huge market for California-based Nvidia.&nbsp;Nvidia chips are still &quot;the best ... to train large language models,&quot; the systems behind generative AI, said Chen Cheng, general manager for AI translation software at tech firm iFLYTEK.&nbsp;Faced with US restrictions, &quot;we overcame that difficulty&quot; by shifting to Chinese-made tech, she said in a group interview.&nbsp;&quot;Now our model is trained on Huawei chips&quot; -- currently the best in China, Cheng said.&nbsp;Meanwhile, Nvidia, the world&#39;s largest company by market capitalization, is under pressure from both sides.&nbsp;The Financial Times reported last month that Beijing had barred major Chinese firms from purchasing a state-of-the-art Nvidia processor, which was explicitly designed for the country.&nbsp;The company must now pay the US government 15 percent of its revenue from certain AI chip sales in China.&nbsp;Nvidia boss Jensen Huang has warned that restrictions on exporting his most cutting-edge semiconductors to China will only fuel the country&#39;s rise.&nbsp;&quot;They&#39;re nanoseconds behind us,&quot; the leather jacket-clad Huang said on a tech business podcast.&nbsp;&quot;So, we&#39;ve got to go compete.&quot;

Gadgets

The United States cites national security concerns, such as the risk of giving China a military advantage, as the reason for the block, a geopolitical bind that shows no sign of easing.

China's chip challenge: The race to match US tech

BEIJING: The leader of a US congressional delegation to China warned Tuesday of the &quot;risk of a misunderstanding&quot; between the two countries&#39; militaries as advances in defense technology move at breakneck speed.&nbsp;Adam Smith, the most senior Democrat on Washington&#39;s Armed Services Committee, told journalists in Beijing that China needs to talk more about its military with other global powers &quot;for basic de-confliction.&quot;&nbsp;&quot;We&#39;ve seen this with our ships, our planes, their ships, their planes coming entirely too close to one another,&quot; he said at a news conference at the US Embassy.&nbsp;&quot;We need to have a better conversation about de-conflicting those things.&quot;&nbsp;The four-person delegation also includes other members of the same Armed Services Committee -- Democrats Ro Khanna and Chrissy Houlahan -- as well as Republican congressman Michael Baumgartner, a member of the Foreign Affairs Committee.&nbsp;The group on Monday met Chinese Defence Minister Dong Jun, with whom they talked about the importance of &quot;working through our differences&quot; and more candid dialogue, according to a statement from the US side.&nbsp;Dong called on the visitors to &quot;remove disruptive and restrictive factors&quot; between them, China&#39;s Xinhua state news agency reported.&nbsp;Speaking on Tuesday alongside the other lawmakers and the US Ambassador to China, David Perdue, Smith said: &quot;AI and drone warfare and cyber and space are moving so rapidly, and innovation is happening so quickly.&nbsp;&quot;The risk of a misunderstanding of capabilities on one side or the other is great,&quot; he said, adding the two sides need to talk so they &quot;don&#39;t stumble in any sort of conflicts.&quot;&nbsp;Tariffs and TikTokThe bipartisan congressional delegation comes just days after Presidents Xi Jinping and Donald Trump spoke by telephone for the second time since the return to the White House of Trump, who has tried to keep a lid on tensions despite his once virulent criticism of China.&nbsp;Trump said he would meet Xi on the sidelines of an Asia-Pacific Economic Cooperation summit in South Korea starting at the end of next month and that he would travel to China next year.&nbsp;He said Xi would also visit the United States at an unspecified time and that the two leaders would speak again by telephone.&nbsp;Both sides dramatically hiked tariffs against each other during a months-long dispute earlier this year, disrupting global supply chains.&nbsp;Washington and Beijing then reached a deal to reduce levies, with the United States imposing 30 percent duties on imports of Chinese goods and China hitting US products with a 10 percent tariff. The deal expires in November.&nbsp;Smith&#39;s group on Monday held talks with Chinese Vice Premier He Lifeng, in which they discussed the ongoing trade talks and the hot-button issues of fentanyl, critical minerals and the future of TikTok.&nbsp;The White House has said a US version of TikTok would feature a homegrown model of the app&#39;s prized algorithm, potentially clearing one of the main obstacles to keeping the Chinese-owned platform online in the United States.&nbsp;Asked about the TikTok issue, Smith said: &quot;My understanding is that I don&#39;t think that has been 100 percent resolved.&quot;&nbsp;The delegation will also meet China&#39;s National People&#39;s Congress Chairman Zhao Leji and Foreign Minister Wang Yi. Boeing dealAmong other things, the US delegation also sought a commitment from China to buy more Boeing jets.&nbsp;The leading global US aerospace company is in talks to sell as many as 500 jets to China, Bloomberg reported last month. That would represent a major breakthrough for the company in the world&#39;s second-largest aviation market, where orders have stalled amid US-China trade tensions.&nbsp;&quot;It&#39;s been a while since Boeing airplanes have been sold here in China. We&#39;d like to get that deal done,&quot; said Smith, who is leading the bipartisan delegation, when asked about the deal. &quot;It&#39;s a good company, good product, hope you get back to selling airplanes in China.&quot;&nbsp;Boeing is one of the largest US exporters and historically sent around a quarter of its planes to China, though it has not secured a major Chinese purchase since Trump&#39;s first term in office.&nbsp;Purdue said he had visited Boeing&#39;s plant in Tianjin last week, a city 150 km (95 miles) southeast of the Chinese capital.

US China relations, US China trade talks, US tarifss

Adam Smith, the most senior Democrat on Washington's Armed Services Committee, says that China needs to talk more about its military with other global powers "for basic de-confliction."

US lawmaker warns of military 'misunderstanding' risk with China

Reuters

BEIJING: A group of US lawmakers on a rare visit to Beijing raised a deal with top Chinese leaders which would see China commit to buying more Boeing jets, Adam Smith, a US Democratic Representative, told a press conference on Tuesday.&nbsp;US Ambassador to China David Purdue said he thought the negotiations had entered their last days or weeks, adding that the deal is &quot;very important to the president.&quot;&nbsp;Boeing is in talks to sell as many as 500 jets to China, Bloomberg reported last month. That would represent a major breakthrough for the company in the world&#39;s second-largest aviation market, where orders have stalled amid US-China trade tensions.&nbsp;&quot;It&#39;s been a while since Boeing airplanes have been sold here in China. We&#39;d like to get that deal done,&quot; said Smith, who is leading the bipartisan delegation, when asked about the deal. &quot;It&#39;s a good company, good product, hope you get back to selling airplanes in China.&quot;&nbsp;The visit, which began Sunday, marks the first House of Representatives delegation to China since 2019, after which US-China relations deteriorated during the coronavirus pandemic.&nbsp;It follows a Friday conversation between President Donald Trump and his Chinese counterpart Xi Jinping, as the world&#39;s two largest economies look to improve relations beyond their current tariff truce.&nbsp;Boeing is one of the largest US exporters and historically sent around a quarter of its planes to China, though it has not secured a major Chinese purchase since Trump&#39;s first term in office.&nbsp;Purdue said he had visited Boeing&#39;s plant in Tianjin last week, a city 150 km (95 miles) southeast of the Chinese capital. &#39;More military dialogue&#39;&nbsp;The lawmakers met China&#39;s second-ranking official Li Qiang on Sunday, and with economy tsar He Lifeng and Defence Minister Dong Jun on Monday, raising the need for more military dialogue.&nbsp;&quot;I think when you&#39;re getting up into the hundreds, close to a thousand nuclear weapons, it&#39;s time to start having a conversation about it to make sure we understand each other and we don&#39;t stumble into any sort of conflict,&quot; Smith told the press conference at the US embassy in Beijing.&nbsp;Adam Smith is the current top Democrat on the House Armed Services Committee, which oversees the US Defense Department and armed forces.&nbsp;While Trump has been particularly vocal about his tariff policy - singling China out for duties in excess of 100% earlier this year before walking the bulk of them back - US restrictions on semiconductor chips, Chinese activities in the South China Sea, and matters related to Taiwan, and TikTok&#39;s ownership also cloud the relationship.&nbsp;Another member of the delegation, Democratic Representative Ro Khanna, whose jurisdiction covers Silicon Valley, has been vocal on tech and economic competition with China.

The delegation says it wants to open up lines of communication between the United States and China, particularly on military capabilities and emerging technologies.

Articles tagged with "US China relations"

Trump to seek tangible trade wins in Xi summit

China confirms Trump's visit this week

China announces two reciprocal trade investigations against US

Trump says China's Xi to visit US 'toward the end of the year'

Trump announces new US warship class named after himself

China's chip challenge: The race to match US tech

US lawmaker warns of military 'misunderstanding' risk with China

US House lawmakers raised Boeing deal on rare China visit, delegate says

Trump to seek tangible trade wins in Xi summit