US and China say a trade deal is drawing closer
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The United States and China are not going to resolve all the issues that divide them before presidents Donald Trump and Xi Jinping meet Thursday in Busan, South Korea.
US trade secretary says the two will sign a deal on TikTok, while hinting at agreement on rare earths and tariffs.
Bessent said Trump would likely visit Xi in Beijing early next year ahead of the Lunar New Year, and a meeting in Washington would likely happen ahead of Xi’s trip to the U.S.
Ahead of Trump’s visit next week, China’s President Xi has launched a major crackdown on the country’s Christians, which number in the tens of millions. Earlier this month, Beijing arrested a prominent underground church pastor and more than 20 other clergy and parishioners.
"Yet Xi’s latest trade war tactic may be tipping the geostrategic balance back toward the US as companies around the world think better of doing business in China generally."
After President Xi Jinping ousted a group of top generals whose careers overlapped for decades, state media accused them of “severely undermining” the Communist Party’s highest echelons of authority.
Nearly one in six officials who had Central Committee seats were absent from a major conclave, many of them now disgraced.