Key facts
- Chinese President Xi Jinping heads into a summit with U.S. President Donald Trump having "outmaneuvered the Trump administration so far," according to China expert Scott Kennedy of the Center for Strategic and International Studies (CSIS).
- Kennedy said both world powers now appear to favor stability in the relationship, citing record Chinese exports, advances in technology, and continued U.S. dependence on China for critical minerals.
- AI, trade, and rare earths are on the summit agenda, with commercial issues expected to dominate the talks.
- Kennedy expects the leaders to seek an extension of their recent trade ceasefire, potentially lasting about a year, which could involve China continuing to export rare earths while Washington refrains from raising tariffs.
- The Trump administration has stated China has not met commitments to restore flows of critical minerals.
- Artificial intelligence development at frontier labs is a recent concern that could emerge as a significant discussion point.
- The wars involving Russia and Ukraine and in the Middle East are also likely to be discussed, with Washington seeking greater Chinese cooperation over Russia and Iran.
