Saturday, August 29, 2026

CHINA US TO EXTEND TRADE TRUCE BY ONE YEAR. WORLD ECONOMY WILL PROSPER.

 



Chinese executives may join Xi’s US trip, as trade truce extension ‘almost certain’

Inclusion of business leaders in delegation is under discussion and one-year deal agreed in Busan is likely to be extended, sources say

Donald Trump and Xi Jinping are expected to meet in Washington on September 24. 

Chinese and US officials are discussing whether business leaders will join President Xi Jinping’s delegation to the United States next month, as the two sides prepare to extend a one-year trade agreement reached in Busan last October, according to people familiar with the talks.

The negotiations come as Xi is expected to meet US President Donald Trump in Washington on September 24. Trump travelled to Beijing in May with a large group of top American CEOs, including the heads of Tesla, Apple, Nvidia and Boeing.

In a meeting with US ambassador to China David Perdue in Beijing on Wednesday, Foreign Minister Wang Yi called for both sides to implement the leaders’ consensus, manage differences and remove obstacles to high-level exchanges, so ties could become “stable, healthy and sustainable”.


MY COMMENTS: Those who use common sense will prosper. Those who are fools (and corrupt) will remain poor.