President Trump and Xi Jinping are entering the third and final day of the Beijing summit…
Insiders say a “Memorandum of Energy Cooperation” is on the table to cool the Iran blockade…
Trump is reportedly offering a “pause” on new semiconductor tariffs in exchange for oil security…
China’s Ministry of Commerce is pushing for the H200 chip ban to be lifted immediately…
The world is watching for a joint statement on the Strait of Hormuz before the Tokyo market opens…
U.S. businesses in China are holding their breath as “economic decoupling” hits a crossroads…
The full Chinese Foreign Ministry readout is out. Here’s what was said behind closed doors:
Xi opened by invoking the “Thucydides Trap” directly, asking whether the two powers can forge a new model of great power relations or slide toward collision.
Both sides agreed to frame the relationship around “constructive strategic stability” for the next 3 years and beyond.
Xi said it means cooperation first, managed competition, and predictable peace.
On trade, Xi said the two economic teams already reached a “generally balanced and positive” outcome yesterday, before the summit formally began.
Taiwan got the sharpest language. Xi warned mishandling it could push the entire relationship into “very dangerous territory.”
They also covered Ukraine, the Korean Peninsula, and the Middle East.
Trump called it the longest and best relationship between U.S. and Chinese leaders in history, and introduced each CEO to Xi individually during the meeting.
Source: Chinese Foreign Ministry
🇺🇸🇨🇳 The full Chinese Foreign Ministry readout is out. Here's what was said behind closed doors:
Xi opened by invoking the "Thucydides Trap" directly, asking whether the two powers can forge a new model of great power relations or slide toward collision.
Both sides agreed to… https://t.co/juSihm9EGq pic.twitter.com/FPs29vt9dM
— Mario Nawfal (@MarioNawfal) May 14, 2026
Five takeaways from the Trump-Xi summit in Beijing so far
- China’s Xi and Trump agreed to build a “constructive China-U.S. relationship of strategic stability.”
- China’s door to opening up will only open wider, Xi said.
- China expressed interest in purchasing more U.S. oil to wean off its reliance on Middle Eastern crude.
- Xi reserved his sharpest language for Taiwan, calling it “the most important issue” in the bilateral relationship.