The Japan Times - China seeks 'more stability' as it confirms Trump-Xi meet

EUR -
AED 4.295828
AFN 76.032342
ALL 92.781063
AMD 423.01829
ANG 2.093559
AOA 1073.809674
ARS 1751.37566
AUD 1.642028
AWG 2.106972
AZN 1.99012
BAM 1.959599
BBD 2.342271
BDT 142.106106
BGN 1.984286
BHD 0.43855
BIF 3476.072725
BMD 1.169728
BND 1.484435
BOB 13.43705
BRL 6.059654
BSD 1.16297
BTN 111.298296
BWP 15.706517
BYN 3.537203
BYR 22926.663506
BZD 2.338864
CAD 1.61147
CDF 2658.790787
CHF 0.93294
CLF 0.027399
CLP 1078.348313
CNY 7.871975
CNH 7.863751
COP 3571.272338
CRC 520.408907
CUC 1.169728
CUP 30.997785
CVE 110.480603
CZK 24.149555
DJF 207.084126
DKK 7.47553
DOP 68.322456
DZD 155.30643
EGP 59.419479
ERN 17.545916
ETB 189.95386
FJD 2.570355
FKP 0.863721
GBP 0.858013
GEL 3.038018
GGP 0.863721
GHS 12.936084
GIP 0.863721
GMD 85.974423
GNF 10218.02789
GTQ 8.874166
GYD 243.28293
HKD 9.174871
HNL 31.181584
HRK 7.534921
HTG 152.110746
HUF 364.237423
IDR 20785.41841
ILS 3.488772
IMP 0.863721
INR 111.938382
IQD 1523.473066
IRR 1607907.738037
ISK 142.227247
JEP 0.863721
JMD 183.757032
JOD 0.829363
JPY 185.356811
KES 151.421027
KGS 102.292728
KHR 4702.297158
KMF 493.625442
KPW 1052.7553
KRW 1631.705817
KWD 0.360592
KYD 0.969091
KZT 537.178306
LAK 26189.885804
LBP 104140.5308
LKR 384.867781
LRD 211.071004
LSL 18.894573
LTL 3.453902
LVL 0.707557
LYD 7.401444
MAD 10.782804
MDL 20.055138
MGA 5011.737587
MKD 61.644509
MMK 2455.546208
MNT 4207.687141
MOP 9.392068
MRU 46.526199
MUR 54.766421
MVR 18.07228
MWK 2016.518006
MXN 19.848145
MYR 4.729322
MZN 74.739735
NAD 18.894573
NGN 1574.429925
NIO 42.795345
NOK 10.891019
NPR 178.078237
NZD 1.964827
OMR 0.449765
PAB 1.162955
PEN 3.916109
PGK 5.150986
PHP 72.204981
PKR 322.742734
PLN 4.316781
PYG 6995.652052
QAR 4.239774
RON 5.24892
RSD 117.394403
RUB 97.870318
RWF 1713.529313
SAR 4.393616
SBD 9.395555
SCR 16.370654
SDG 703.596266
SEK 11.057536
SGD 1.486782
SHP 0.866612
SLE 28.776252
SLL 24528.604728
SOS 664.591272
SRD 44.147895
STD 24211.002338
STN 24.548536
SVC 10.175858
SYP 15208.799834
SZL 18.899883
THB 38.441915
TJS 10.72799
TMT 4.094047
TND 3.398775
TOP 2.816424
TRY 56.09441
TTD 7.888327
TWD 37.339113
TZS 3097.118504
UAH 51.995725
UGX 4337.074509
USD 1.169728
UYU 46.610762
UZS 13722.662534
VES 908.228486
VND 30527.554295
VUV 138.279932
WST 3.176861
XAF 657.233977
XAG 0.017544
XAU 0.00026
XCD 3.161248
XCG 2.09589
XDR 0.827058
XOF 657.239607
XPF 119.331742
YER 277.313231
ZAR 18.860467
ZMK 10528.945328
ZMW 21.775495
ZWL 376.651852
  • RBGPF

    0.3500

    69.35

    +0.5%

  • RYCEF

    0.0200

    20.83

    +0.1%

  • CMSC

    0.0580

    21.298

    +0.27%

  • NGG

    -1.4900

    80.66

    -1.85%

  • CMSD

    0.0600

    21.15

    +0.28%

  • BCE

    0.3400

    23.7

    +1.43%

  • VOD

    0.0400

    16.17

    +0.25%

  • GSK

    1.7300

    52.88

    +3.27%

  • RIO

    3.7500

    100.44

    +3.73%

  • AZN

    4.8500

    164.95

    +2.94%

  • BCC

    2.9500

    83.13

    +3.55%

  • RELX

    0.5900

    35.1

    +1.68%

  • BTI

    -0.4000

    55.98

    -0.71%

  • JRI

    -0.0600

    12.38

    -0.48%

  • BP

    0.3200

    43.73

    +0.73%

China seeks 'more stability' as it confirms Trump-Xi meet
China seeks 'more stability' as it confirms Trump-Xi meet / Photo: GREG BAKER - AFP

China seeks 'more stability' as it confirms Trump-Xi meet

Beijing said on Monday it was ready to work with the United States in pursuit of "more stability" and confirmed that Donald Trump will visit China this week, the first US president to do so since 2017.

Text size:

Washington and Beijing have been at loggerheads over key issues ranging from trade tariffs to the Middle East war and Taiwan, which China claims as part of its territory.

Top trade negotiators from both countries will meet in Seoul a day before Trump's summit with Chinese leader Xi Jinping to iron out details on trade and economic issues, a sign of the trip's high stakes.

The White House announced Trump's visit several weeks ago, and China's foreign ministry has now confirmed it will go ahead from Wednesday until Friday.

The US leader was originally meant to visit in late March or early April, but postponed his trip to focus on the US-Israel war with Iran.

"Top-level diplomacy plays an irreplaceable strategic guiding role in China-US relations," Beijing's foreign ministry spokesman Guo Jiakun told a regular news briefing.

"China is willing to work with the United States in the spirit of equality, respect, and mutual benefit, to expand cooperation, manage differences, and inject more stability and certainty into a volatile and intertwined world," he said.

- Seoul starter -

This is the first visit by a US president to China since Trump's previous visit in 2017, and is expected to include a tour of the Temple of Heaven in Beijing and a lavish state banquet.

The White House has said it is of "tremendous symbolic significance", and promised that Trump will "deliver more good deals" for Americans.

US Treasury Secretary Scott Bessent will set up the visit during talks with Chinese Vice Premier He Lifeng in Seoul on Wednesday.

Bessent and He have been the chief negotiators for the United States and China on all trade and economic issues.

Those talks are likely to put the finishing touches on any announcements that will be made during the leaders' summit.

Bessent will arrive in Seoul after meeting Japanese Prime Minister Sanae Takaichi in Tokyo on Tuesday.

Takaichi's comments in November on Taiwan triggered an ongoing diplomatic row with Beijing.

"Economic security is national security, and I look forward to a productive series of engagements as we work to advance President Trump's America First Economic Agenda," Bessent said as he announced both stops on social media.

- Iran overshadows -

Trump and Xi last met face-to-face in October on the sidelines of a regional summit in South Korea.

They agreed then to a one-year truce in a blistering trade war that saw tariffs on many goods exceed 100 percent.

The Middle East war is expected to dominate the agenda this time.

China is one of Iran's biggest trading partners, with Tehran's foreign minister visiting Beijing last week.

Foreign Minister Wang Yi told his Iranian counterpart that China would play a "greater role" in restoring regional peace.

Trump is expected to push Xi on Beijing's position on the war, according to US officials.

Asked about US pressure on Monday, foreign ministry spokesman Guo said only that China's position on Iran was "consistent" and that Beijing would continue to play a "positive role" in promoting a ceasefire and peace talks.

Adding to the tension, the US State Department sanctioned three China-based satellite firms on Friday for enabling Iran's military operations.

The foreign ministry said on Monday that Beijing "firmly opposes illegal unilateral sanctions".

"China has repeatedly made clear its solemn position. The most urgent task is to do everything to avoid the resumption of conflict, not to use the conflict to... maliciously smear other countries."

The US Treasury Department separately sanctioned several mainland China and Hong Kong-based firms for aiding Iran's weapons supply.

M.Fujitav--JT