China News

The first test for a much-celebrated US–China trade truce is looming. US Treasury Secretary Scott Bessent hopes to finalise a rare earth deal by next week’s Thanksgiving holiday, but experts say a breakthrough is unlikely as the two sides maintain sharply different narratives of what was discussed and agreed on key issues. From rare earths to soybeans, three weeks after Chinese President Xi Jinping and his American counterpart, Donald Trump, were photographed smiling and shaking hands after a...

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