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Chances are, US-China truce will be extended at Shenzhen Apec summit

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SCMP - Feed 91
By Vasilis Trigkas
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Chances are, US-China truce will be extended at Shenzhen Apec summit
Photo / Coverage: SCMP - Feed 91Credit: Vasilis Trigkas
EXECUTIVE SUMMARY

At their October meeting in South Korea last year, US President Donald Trump and Chinese President Xi Jinping, recognising mutual vulnerability to export restrictions, agreed to suspend some of the most draconian measures they had imposed on each other: US port fees on Chinese-built vessels and Chinese export controls on rare earths. They also announced further summit-level talks. The leaders have since met twice: Trump visited Beijing in May, Xi visited Washington in September. They are...

Key Takeaways

  • Chances are, US-China truce will be extended at Shenzhen Apec summit.
  • They also announced further summit-level talks.
  • The leaders have since met twice: Trump visited Beijing in May, Xi visited Washington in September.

At their October meeting in South Korea last year, US President Donald Trump and Chinese President Xi Jinping, recognising mutual vulnerability to export restrictions, agreed to suspend some of the most draconian measures they had imposed on each other: US port fees on Chinese-built vessels and Chinese export controls on rare earths. They also announced further summit-level talks. The leaders have since met twice: Trump visited Beijing in May, Xi visited Washington in September. They are...

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