Overview
- Senior diplomatic and economic envoys, in separate calls Thursday, worked on the agenda for a Trump–Xi summit in Beijing reported for May 14–15.
- China’s vice premier raised serious concern over new U.S. trade limits and said Beijing seeks practical cooperation, and both sides agreed to keep using formal economic talks to manage differences.
- Treasury chief Scott Bessent said on X he warned that China’s new extraterritorial rules, which let Beijing punish firms that shift sourcing away from China, chill global supply chains.
- Foreign Minister Wang Yi told Secretary of State Marco Rubio that Taiwan is the biggest risk in the relationship and urged preparations for important high‑level exchanges.
- Some outlets report the summit could slip, with stalled U.S.–Iran diplomacy over the Strait of Hormuz and nuclear issues cited as a planning risk.