In Busan, the Republic of Korea 🇰🇷, on the sidelines of the 32nd APEC Economic Leaders' Meeting, Chinese President Xi Jinping met U.S. President Donald Trump to push for deeper cooperation for the good of both nations – and the world. Here's the lowdown:
Dialogue Over Drama: Xi kicked things off by praising recent consultations in Kuala Lumpur, where trade teams resolved key issues. "Dialogue is better than confrontation," he said, urging regular talks across different levels to boost mutual understanding.
Business as the Anchor: Trade in goods between the two powerhouses hit about $688.3 billion in 2024 – 275 times more than in 1979. Over 80% of U.S. firms in China reported profits last year and plan to stay long-term. Xi stressed commerce should be a "driving force, not a friction point," backing stats from a CGTN poll showing 87% think this partnership stabilizes global supply chains.
A Shared Vision: Despite normal frictions, Xi and Trump agreed lifting tides raise all ships. Trump welcomed Xi's invite for a U.S. visit early next year and hinted at his own trip to China. Both leaders see cooperation as key to driving prosperity – from Bengaluru startups to Jakarta's fintech scene – benefitting billions across Asia and beyond.
When China and the U.S. sync up, the ripple effects can boost economies, stabilize markets and tackle global challenges together. 🌏🤝
Reference(s):
President Xi: China, U.S. should work for good of both nations, world
cgtn.com
