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Trump, Xi begin summit in first U.S. presidential trip to Beijing in nearly a decade

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U.S. President Donald Trump met Chinese President Xi Jinping in Beijing on Thursday morning, kicking off a summit focused on trade, regional security, and strengthening bilateral ties between the two largest economies in the world.

The relationship between the two leaders is significant, with Trump expressing optimism that it will be stronger than ever before. Xi also highlighted the global attention on the meeting and raised the importance of avoiding the “Thucydides Trap,” a concept referring to historical tensions between rising and ruling powers leading to war.

Taiwan emerged as a key issue, with Xi emphasizing its significance in U.S.-China relations and the potential for it to impact the bilateral relationship negatively if not handled properly.

The schedule included visits to historic sites and a state banquet for Trump, with discussions expected to continue through Friday. The recent China trip marked the first by a sitting U.S. president in nearly ten years, reflecting changes in trade tensions and technology restrictions between the two nations.

Experts noted China’s growing confidence compared to 2017, with the country taking assertive actions in response to U.S. policies. The ongoing trade negotiations were seen as crucial for maintaining global stability and shaping future relations between the U.S. and China.

Both leaders are anticipated to engage further at upcoming events like APEC and G20 later in the year. The meeting also featured prominent figures from the business and diplomatic fields, underscoring the importance of the discussions for both countries and the world.

(Source: CNBC)