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Xi-Trump summit yields wins for both China and US despite lack of breakthroughs (www.scmp.com)

submitted 3 months ago by rss@news.abolish.capital to c/china@news.abolish.capital

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The first in-person summit between Chinese and American leaders since US President Donald Trump’s return to office, which produced a time-bound agreement to pause escalation in their intensifying trade conflict, marked a symbolic reset in the balance of power between the two rivals. 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...

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