U.S. President Donald Trump will meet Chinese leader Xi Jinping in Beijing next week on a two-day visit, his first trip to China in eight years. Delayed for two months by the Iran conflict, Taiwan, industrial matters, and the Strait of Hormuz are likely to dominate the talks.
Speaking about the summit on Monday (4 May) U.S. Treasury Secretary Scott Bessent urged Beijing to use its influence to help reopen the strait to international shipping.
China is the world’s biggest crude oil importer and has been the main buyer of Iranian oil in recent years, but so far it has declined to sign-up to U.S. efforts aimed at pressuring Tehran to end its effective blockade of the sea passage.
In April, Beijing, along with Russia, vetoed a United Nations Security Council resolution proposed by Gulf states and backed by the U.S. aimed at protecting commercial shipping in the Strait of Hormuz.
On Saturday (2 May), Beijing took the unprecedented step of ordering Chinese companies to defy U.S. sanctions targeting trade with Iran.
Despite this, during a visit to Beijing on Thursday (7 May), U.S. lawmaker and Trump ally Steve Daines spoke positively of a meeting China’s top diplomat Wang Yi had with Iranian Foreign Minister Abbas Araghchi the day before, saying it was evidence of China’s engagement.
A key test could be whether Washington persuades Beijing not to veto a new U.S. drafted UN resolution aimed at reopening the Strait of Hormuz. Chinese officials are currently scrutinising the new resolution, but unnamed diplomats told Reuters on Thursday that early signs were not positive.
Another sticking point between the two countries and the primary longstanding source of tension between the U.S. and China is Washington’s weapons sales and diplomatic support to Taiwan.
Taiwan and China split due to the outcome of the civil war in 1949. Taiwan has its own elected government but Beijing claims the island as its own territory and has not ruled out the use of force to take it.
The U.S. is bound by a 1979 law to provide Taiwan with the means to defend itself and Xi is expected to raise objections to Washington’s arms sales to the island when he meets Trump.
Ahead of the summit, Chinese officials have put out unusually strong worded statements about the issue.
On Thursday (7 May), Chinese Foreign Ministry spokesperson Lin Jian said the U.S. must adhere to Beijing’s ‘One China’ principle to maintain good relations.
“The Taiwan question is at the core of China’s core interests and the bedrock of the political foundation of China-U.S. relations,” he said.
An area where there could be more progress between the two superpowers is on industrial and trade matters. Following his meeting with Wang on Thursday, Senator Steve Daines hinted that extra orders of Boeing aeroplanes could be one outcome of talks between Trump and Xi.
“Perhaps we could see some more Boeing airplanes purchased, which I know would be something we would like to see,” he said.
Ahead of the summit, officials from both countries have also been discussing details of a potential deal covering Chinese agricultural purchases, investment agreements and a joint statement on artificial intelligence (AI) safeguards.
Beijing is pushing for the relaxation of sanctions and U.S. tech restrictions, such as Washington’s targeted curbs on the sale of advanced AI chips to China.
Any progress made in these areas, however, could be overshadowed by lack of developments in other areas as uncertainty remains over Washington’s strategy to end the conflict with Iran.
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At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
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Russia has summoned Japan’s ambassador to Moscow and delivered a strong protest over what it called “anti-Russian” remarks by Japanese Prime Minister Sanae Takaichi and Foreign Minister Toshimitsu Motegi concerning four disputed islands.
Pakistan is turning to more U.S. crude as disruption around the Strait of Hormuz exposes the risks of its heavy reliance on Gulf energy supplies.
U.S. Forces Korea (USFK) Commander Xavier Brunson visited South Korea's Defence Ministry on Tuesday to discuss plans to scale back the joint Ulchi Freedom Shield military exercise, according to media reports.
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