qinbafrank
qinbafrank|Oct 13, 2025 12:39
Just now, U.S. Treasury Secretary Besant made remarks about China during an interview: 1. Actively countered China's measures and engaged in extensive communication over the weekend; 2. Tensions between China and the U.S. have significantly eased, and there’s hope for Trump to meet Xi Jinping in South Korea; 3. Both sides had extensive communication over the weekend, aiming to meet with China’s trade representatives before the leaders’ summit. It’s expected that both sides will meet during the World Bank and IMF Annual Meetings in Washington this week. This morning, there was talk about whether there might be another round of high-level trade negotiations between China and the U.S. in the next week or two. By evening, Besant mentioned that there would be trade talks between China and the U.S. this week. This is easy to understand—actions taken by both sides in early October disrupted previous agreements, and now there’s a need to rebuild consensus. Without some groundwork being laid, it’s hard for the two leaders to meet one-on-one. The chances of both sides reaching a good outcome in this week’s talks are quite high.
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