Xi-Trump meeting sparks optimism in China — but many wonder what comes next

The recent meeting between Chinese President Xi Jinping and U.S. President Donald Trump has sparked optimism among the people of China, following months of escalating tensions between the two countries. The meeting, which took place on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in South Korea’s Busan, has been hailed as a positive development that could help ease tensions and create a conducive atmosphere for negotiations.

Alex Hongcai Xu, chair of Beijing Honglve Consulting, expressed optimism about the meeting, stating that each time the two leaders meet, it helps in lowering tariffs and fostering cooperation between the two nations. Xu highlighted the potential benefits of reducing tariffs to below 10%, such as increased capital flows and cooperation. He also mentioned that China could potentially increase its purchases of U.S. soybeans and Boeing airplanes.

In a surprising move, Trump announced that the U.S. would halve a 20% fentanyl-related tariff on China, bringing the total duty on Chinese goods to 47%. This marked a significant shift from his earlier threat to impose additional 100% tariffs on China. However, details on whether the U.S. would encourage more Chinese investment were scarce, with Trump only mentioning that Chinese companies already have investments in the U.S. and may continue to invest.

Xu expressed hope that Washington would allow more Chinese companies to invest locally, which could lead to job creation in the U.S. and boost domestic production while reducing Chinese exports. Chinese businesses, facing a slowdown in the domestic economy, have been looking for opportunities abroad.

As the meeting between Xi and Trump garnered attention in China, social media platforms like Weibo saw “China-U.S. leaders’ Busan Summit” trending as the top hashtag. User comments on the platform were generally positive, reflecting sentiments of friendship and mutual success between the two countries. On Xiaohongshu, economist Song Qinghui expressed anticipation for the early arrival of a “China-U.S. honeymoon period.”

Despite initial focus on other news, Chinese state media eventually ramped up coverage of the Xi-Trump meeting, emphasizing Beijing’s willingness to work with Washington. State broadcaster CCTV shifted its coverage from China’s space mission to regular updates on the meeting after the leaders met. Xi’s opening remarks emphasized China’s readiness to collaborate with the U.S., aligning with Trump’s vision of making America great again.

Overall, the meeting between Xi and Trump has generated optimism in China, with hopes for improved relations and increased cooperation between the two countries. The positive atmosphere created by the meeting could pave the way for further dialogue and negotiations, potentially benefiting both nations economically and diplomatically. The Benefits of Regular Exercise

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