Talks between the Chinese and South Korean leaders have renewed diplomatic momentum, but what happens next could hinge on how Seoul balances its relations with Washington, according to analysts. A lighthearted exchange before their state banquet drew media attention. After Xi presented Lee with a gift of two Chinese Xiaomi smartphones with South Korean-made displays,…
US President Donald Trump signed an order on Tuesday to lower fentanyl-related tariffs on Chinese products, formalising a key part of his deal with Chinese leader Xi Jinping after their first face-to-face talks in years. Shortly after returning to the presidency this year, Trump imposed additional tariffs of 20 per cent on goods from China…
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia Pacific markets were mostly set to fall Wednesday, mirroring losses on Wall Street, which was pressured by declines in artificial intelligence-related names like Palantir. Australia’s S&P/ASX 200 started the…
In any conflict with China, America’s most critical vulnerability wouldn’t be its destroyers, stealth bombers, or submarines. It would be the unglamorous network of ships, aircraft, and supply depots that keep them fighting. Logistics — the bridge between the national economy and combat forces — is the weakest link in the American deterrence system. After…
Another high-stakes face-off between the United States and China has come and gone. The much-anticipated summit between Chinese President Xi Jinping and US President Donald Trump in Busan, South Korea, resulted in agreement on several points. The US agreed to reduce its so-called fentanyl tariffs on China by 10 per cent, suspend recently tightened technology…
SEOUL, South Korea (AP) — U.S. Defense Secretary Pete Hegseth praised South Korea’s plans to raise its military spending, saying Tuesday that the Asian ally will take a larger role in defending itself from North Korean aggressions as the allies must brace for regional contingencies. Modernizing the decades-long alliance between the U.S. and South Korea…
China’s top envoy to the US said the top priority for both countries is to translate recent outcomes from meetings in Busan and Kuala Lumpur into concrete actions without “causing new disruptions”. Speaking via video link to the US-China Business Council’s annual conference in Shanghai, Xie Feng also reiterated Beijing’s four red lines, including the…
Global trade tensions, stoked by China-US tariffs, are settling into a steadier balance as the world braces for fresh challenges from rapid technological disruptions, financial leaders said on Tuesday at a summit in Hong Kong. The China-US relationship had entered into a more “stable equilibrium” after last week’s talks between the leaders of the world’s…
South Korea has moved to calm speculation that China will lift an unofficial ban on the country’s entertainment industry in the wake of President Xi Jinping’s visit to the country. Lawmaker Kim Young-bae said Xi had responded positively to a proposed South Korean performance in Beijing, prompting a rise in entertainment companies’ share prices. “I…
Smartphone giant Xiaomi briefly took the spotlight during Saturday’s meeting between President Xi Jinping and his South Korean counterpart, Lee Jae-myung, as a pair of the company’s handsets were presented as gifts by China’s head of state. The selection of its flagship consumer product as a state gift reflected Xiaomi’s growing status as a symbol…