From 34m ago Trump and Xi shake hands Donald Trump and Xi Jinping have greeted each other and shaken hands. Trump said Xi was a “very tough negotiator and that’s not good”. In the comment to reporters in Busan before the meeting got under way, the US president also said: “We have a great relationship.” Asked if he planned to sign a trade deal, Trump said: “Could be.” The Chinese president didn’t make any comments. Share Updated at 22.16 EDT <gu-island name="KeyEventsCarousel" priority="feature" deferuntil="visible" props="{"keyEvents":[{"id":"6902ca9e8f0860207cef1005","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":" At the table for the talks…
Day: October 29, 2025
Trump calls China’s Xi ‘great leader’ as summit begins
US and Chinese leaders are holding two hours of negotiations as tariff deadline loomsFinancial Times
Trump hails China’s Xi as ‘great leader’ as summit begins
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world <div data-o-component="o-expander" class="o-expander o-expander__info-box" data-o-expander-shrink-to="hidden" data-trackable="clip-info-box" data-o-expander-collapsed-toggle-text="Show video info” data-o-expander-expanded-toggle-text=”Hide video info“>Show video info Chinese President Xi Jinping has started talks with Donald Trump that will determine if the two superpowers extend a trade war truce or return to full-blown economic hostilities that could roil global markets. In opening remarks at the start of their high-stakes summit in South Korea on Thursday, Trump said Xi was a “great…
Trump says South Korea can build nuclear-powered submarines in US
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump has said he has given South Korea permission to build nuclear-powered submarines in Philadelphia, in an announcement that could rattle China as the US president prepares to meet Xi Jinping. “South Korea will be building its Nuclear Powered Submarine in the Philadelphia Shipyards, right here in the good ol’ U.S.A.,” Trump wrote on the Truth Social platform on Thursday during his visit to the US ally…
Frictions ‘normal’ but China-US ties must stay on right course, Xi tells Trump
This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloading our app. Chinese President Xi Jinping is holding talks with his American counterpart Donald Trump, their first in-person meeting since Trump’s return to the White House, as the rivals seek to manage heightened tensions, particularly over trade. The closed-door talks are taking place on the… South China Morning Post
Hong Kong follows US in quarter-point rate cut to lower lending cost
Hong Kong’s de facto central bank cut the base interest rate for the second time in six weeks, further reducing the cost of funding to help reboot the city’s businesses and reduce the burden on mortgage borrowers. The Hong Kong Monetary Authority (HKMA) cut the base rate by a quarter point to 4.25 per cent on Thursday, hours after the US Federal Reserve pared its target rate by the same margin to a range of 3.75 per cent to 4 per cent during the seventh meeting of the Federal Open…
Democrats urge Trump not to ease national security restrictions for a trade deal
Democrats in the US House of Representatives and Senate are urging President Donald Trump not to ease national security restrictions on China for a trade deal, hours ahead of his expected meeting with Chinese President Xi Jinping. “America’s export controls, investment safeguards, and our long-standing security partnerships must not be on the negotiating table,” a group of 12 senators led by Chuck Schumer, the chamber’s top Democrat, wrote in a letter to the Republican president on… South China Morning Post
‘Unforgivable’: Chinese county still living in shadow of wild spending binge
Few areas of China reflect the country’s decades-long economic transformation more vividly than its cities. Rapid development has turned villages into dense urban landscapes and already sizeable metro areas into some of the world’s largest population centres. As the rate of urbanisation slows and the country transitions into a new economic era, we explore how select Chinese cities are navigating the change. Read the rest of our series here. In a remote corner of China’s southwestern Guizhou… South China Morning Post
China’s next power move is as much in the fields as in factories
At last week’s fourth plenary session of the Central Committee of China’s Communist Party in Beijing, food emerged as a clear policy priority. The plenum’s communique highlighted the goal of accelerating China’s transformation into an agricultural power. A leading agricultural producer and importer and a significant exporter, China is doubling down on its next agricultural milestone ahead of the official approval of the 15th five-year plan (2026-2030) early next year. While detailed… South China Morning Post
Why Trump must do more if Washington is to win US-China tech race
US President Donald Trump’s administration needs to reverse the destructive policies undercutting America’s ability to compete with China in strategic hi-tech sectors or see Beijing race ahead, a leading member of the hardline US House Select Committee on China said on Wednesday. China’s commitment to the progress of tech innovation has caused unease in the United States, with Beijing’s continued investment in the industry standing in sharp contrast to the US government’s current shutdown and… South China Morning Post