China, US should be partners, not rivals: Xi

🇺🇸 Economic Times India (US) —
China, US should be partners, not rivals: Xi

AI Summary

Chinese President Xi Jinping stated that China and the US should be partners rather than rivals during a Washington meeting with US President Donald Trump. Both countries agreed to extend a trade truce until January amid ongoing trade discussions.

Chinese President Xi Jinping received a rare planeside welcome from US President Donald Trump in Washington on Thursday, following which he affirmed that the two nations should be 'partners rather than rivals'.Xi also noted that he looks forward to discussing 'global situation' with Trump, as quoted by AFP.His comments came soon after top officials from China and the US agreed to extend a trade truce until January.Also read: Trump extends rare planeside welcome to China's Xi Jinping with a 30m long red carpet; trade truce extendedUS Treasury Secretary Scott Bessent announced the extension of the truce, under which the countries agreed to scale back trade tariffs and refrain from imposing new trade restrictions, during a Fox News Channel interview.“I don’t know whether a bigger deal can be done. I don’t know whether we will just roll the current deal,” Bessent said, adding that the extension to Jan. 10 could give the leaders more time to talk about the issues at upcoming international summits in China in November and Florida in December.

World Politics Markets China-US relations trade truce Xi Jinping Donald Trump international diplomacy global trade

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