Trade discussions between China and the U.S. are expected to remain virtual for now, with no major investment initiatives planned before a potential meeting between Xi Jinping and Donald Trump, according to U.S. Trade Representative Jamieson Greer.
Speaking on the state of bilateral engagement, Greer indicated that both sides are maintaining communication through online channels as they prepare the groundwork for a possible high-level summit. This cautious approach suggests that while dialogue remains open, neither side is rushing into new economic commitments amid ongoing strategic and trade tensions.
Analysts say the decision to keep talks virtual reflects a wait-and-see attitude in both Washington and Beijing, as they seek to stabilise relations before making any significant policy moves. A potential summit between Xi and Trump is widely seen as a key moment that could shape the direction of future economic cooperation or competition between the world’s two largest economies.
At the same time, China is actively strengthening its economic ties elsewhere. In a separate development, Chinese Premier Li Qiang has called for expanding trade and cooperation with Australia, emphasising the importance of “win-win” outcomes.
Li highlighted the complementary nature of the two economies, noting that deeper collaboration in areas such as resources, agriculture and clean energy could bring mutual benefits. He also stressed the need to maintain stable and open trade channels, particularly at a time of global economic uncertainty.
China and Australia have seen improvements in their relationship in recent years after a period of tension, with trade flows gradually recovering. Beijing’s push to expand cooperation with Canberra is being viewed as part of a broader framework to diversify economic partnerships while managing more complex ties with the U.S.
Experts say this dual approach - maintaining dialogue with the U.S. while strengthening ties with other key partners - shows China’s effort to balance geopolitical risks with economic stability. As global trade dynamics continue to evolve, Beijing appears focused on securing reliable partnerships and promoting steady growth.
With virtual talks ongoing and diplomatic channels active, attention is now turning to whether a future Xi-Trump meeting could unlock new momentum in China-U.S. relations. Until then, China’s outreach to countries such as Australia indicates its intent to keep trade moving forward, even as global uncertainties persist.
The death toll from an overnight Russian attack on the Kyiv region rose to four, including three children, Kyiv regional authorities said on Sunday...
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are m...
German voters cast ballots on Sunday in two state elections that could add to the political pressure on Chancellor Friedrich Merz, as his governmen...
Iran's Revolutionary Guards Navy said a Togo-flagged oil tanker was struck while attempting to make an “illegal passage” through the Strait of Hormuz, Iranian state media said early on Friday.
Saudi civil defence sent an all-clear on Saturday after issuing alerts for a second time for potential danger in Riyadh and the city of Al-Kharj east of the capital, amid an uptick in attacks by Iran-aligned Houthis on the Gulf country.
The European Union will disburse €3.3 billion ($3.8 billion) to Ukraine for missiles and drones, European Commission President Ursula von der Leyen said after a phone call with Ukrainian President Volodymyr Zelenskyy.
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are met and U.S. commitments are implemented, parliament speaker Mohammad Bagher Ghalibaf said on Sunday.
The U.S. State Department approved a $2.7 billion military sale to Ukraine for air-defence development upgrades, along with related equipment and services, the department said. Meanwhile, Ukrainian authorities reported at least 10 people had died in Russian attacks over the last 24 hours.
German voters cast ballots on Sunday in two state elections that could add to the political pressure on Chancellor Friedrich Merz, as his government faces growing public frustration and a resurgent far right.
Iraq has returned restricted airspace across the western part of the country to civilian authorities, ending limits imposed for military operations against Islamic State since 2016, the Transport Ministry said.
Denmark and Greenland have moved to reassure the public that their sovereignty will remain intact under a new security agreement with the United States.
World leaders are set to gather at the United Nations General Assembly in New York for several days of high-level debate, with Iran, Ukraine, artificial intelligence (AI) and a range of global crises expected to dominate discussions this week.
Ed Sheeran has broken his silence on the controversy surrounding his U.S. tour, apologising for decisions made after rapper Macklemore was removed from the line-up over his public support for Palestine.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment