Last week’s Trump‑Xi summit sparked a wave of speculation, but the official releases say there were no joint statements and few major breakthroughs.
The headline deal that did surface was an eye‑catching AI dialogue, with the two superstates agreeing to a new communication channel for AI incidents and a follow‑up meeting scheduled for the end of November.
Trade talks led to a brief extension of a 60‑day truce, easing tariffs on $30 bn of Chinese goods sold in the U.S. but leaving big‑ticket items like rare earths and advanced chips untouched.
When Taiwan was brought up, Trump’s side stayed silent—an intentional omission that raised eyebrows—while Xi pressed for a firm U.S. stance against Chinese aggression.
China also said it would open the door to more foreign financial firms, though approvals still hinge on local regulations, and hinted at more flights between the two nations.
