Updated
Updated · Barron's · May 10
US and Chinese officials finalize Trump-Xi Beijing visit
Updated
Updated · Barron's · May 10

US and Chinese officials finalize Trump-Xi Beijing visit

14 articles · Updated · Barron's · May 10
  • Trump is due in Beijing late Wednesday for a state banquet, then a Friday tea and working lunch with Xi, the White House said.
  • Senior US officials said talks will cover proposed trade and investment boards and seek Chinese purchase commitments in aerospace, agriculture and energy.
  • Markets open after record US stock gains, while oil and gasoline remain elevated amid the Strait of Hormuz bottleneck, with average US pump prices at $4.522 a gallon.
With oil inventories critically low, will Beijing talks reopen the Strait of Hormuz before markets reach 'operational stress'?
Is the proposed U.S.-China 'managed trade' a new model for stability or a surrender of free-market principles?