President Xi received a delegation of US business leaders and stated that China’s doors would “only open wider,” urging for enhanced reciprocal cooperation with the United States. Shortly after, President Trump arrived at the Great Hall of the People for formal discussions, greeted with a ceremonial welcome that included a 21-gun salute. Stay tuned for the latest updates.
President Xi welcomed a delegation of US business leaders and reiterated that China’s doors would “only open wider,” emphasizing the need for stronger reciprocal collaboration with the United States. President Trump made his entrance at the Great Hall of the People for formal discussions, receiving a ceremonial reception featuring a 21-gun salute.
In his opening remarks, Xi noted that “the whole world is watching” the summit and emphasized that China and the US should act as “partners, not rivals.” Trump lauded Xi’s leadership, expressing that both nations share a “bright future together.” Xi also seemed to allude to the conflict in West Asia, questioning whether major powers could “meet global challenges together and ensure more stability for the world.”
At the same time, the economic consequences of the Iran war continue to expand. According to the Associated Press, skyrocketing oil prices are projected to generate an additional $850 million in revenue for New Mexico, although Democrats in the oil-affluent state are conflicted about profiting from a conflict they oppose.
Stay updated with CNBC-TV18’s live coverage for the latest on the US-Iran-Israel conflict, which has raised global economic concerns and prompted diplomatic negotiations.
