Xi Jinping

Trump’s gambit risks setting in motion a standoff between the world’s two biggest economies following an election campaign that already brought fears over a new wave of protectionism to the forefront.

Under Xi, China has redoubled efforts to enhance ties with developing nations, partly for economic reasons but also to counter the US-led global order.

It is going to be a rough ride

Xi told Biden that the US and China should strive for peaceful co-existence over the long term.

On Friday, Xi met one-on-one with the leaders of Thailand, Singapore, Chile, South Korea, Japan and New Zealand at the APEC CEO Summit in Peru.

CNN has reported that Xi and Trump held a phone call on Wednesday in which the Chinese leader also congratulated the president-elect.

'They're sick of being treated like a piñata and want to fight back'

'The consumption part is the wildcard'

“China is entering a period where strategic opportunities as well as risks and challenges coexist, and unexpected factors are rising,” Xi said in the speech published Thursday.

We should not expect a major set of demand stimulus measures to be announced at the third plenum.