The Latest Breaking News from Xi Jinping

Tokyo and Washington celebrate ‘new golden age’ of friendship

Exclusive: Son of British media tycoon welcomes US president’s promise to raise issue during Thursday’s landmark meeting

IN FOCUS: Experts do not expect US and China to resolve all their issues before the two presidents meet, but they are hoping for enough progress to stop the rivalry from doing more global economic damage. Alisha Rahaman Sarkar reports

December S&P 500 E-Mini futures (ESZ25) are trending down -0.02% this morning, taking a breather after a record-breaking rally, while investors await the start of the Federal Reserve’s two-day policy meeting, a new round of corporate earnings reports, and U.S. private-sector economic data.

The free trade area covers a combined market of more than 2 billion people, lowers tariffs on goods, and boosts flows of services and investment.

South Korea’s new president is hosting the Asia-Pacific Economic Cooperation summit, bringing together leaders from 20 countries, including the United States and China, whose leaders are set to hold a high-stakes meeting on the sidelines

The United States and China are not going to resolve all the issues that divide them before presidents Donald Trump and Xi Jinping meet Thursday in Busan, South Korea

Beijing and the Association of Southeast Asian Nations have signed an expanded free trade agreement as both sides face increased protectionism from the United States

Leading cryptocurrencies corrected on Monday, while stocks rallied, as investors braced for the Federal Reserve’s decision on rate cuts and President Donald Trump’s meeting with Chinese President Xi Jinping.

Six years have passed since presidents Xi Jinping and Donald Trump last met, but the substance of discussions remains largely the same. Back in 2019, trade and Taiwan also rode high on the agenda.

Talks on Thursday will centre on tariffs as Trump seeks to end a bruising trade war with Beijing, while Taiwan and Russia are also likely to be discussed