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What Xi wants from Trump as Beijing seeks leverage in high-stakes summit

Last updated: May 14, 2026 1:04 pm
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What Xi wants from Trump as Beijing seeks leverage in high-stakes summit
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President arrived in Beijing for a high-stakes summit with Chinese President Xi Jinping at a moment when both Washington and Beijing are trying to stabilize one of the worlds most consequential rivalries without giving ground on deeper strategic disputes.

The two-day visit marks Trumps first trip to since 2017 and comes amid mounting tensions over trade, artificial intelligence, Taiwan and the fallout from the war with Iran. While the White House is framing the summit as an opportunity for new economic agreements and “rebalancing” the U.S.–China relationship, analysts say Beijings priorities are far broader and more long-term.

“Trump arrives seeking headline deals and visible momentum ahead of the midterms,” wrote Zongyuan Zoe Liu, senior fellow for China studies at the Council on Foreign Relations. “Xi is playing a longer game, focused on strategic patience rather than substantive compromise.”

Topics expected to be discussed during the summit include trade, aerospace, agriculture and energy agreements, and the creation of a U.S.–China Board of Trade and Board of Investment, according to the White House. 

White House spokeswoman Anna Kelly said Trumps goal is to “deliver more good deals on behalf of our country” while safeguarding U.S. national security.

Trump participated in a welcome ceremony and bilateral meeting with Xi Thursday morning local time in Beijing, followed by a tour of the Temple of Heaven alongside the Chinese leader and a state banquet later. 

Chinese Embassy spokesperson Liu Pengyu said Beijing views the summit as an opportunity to stabilize ties between the worlds two largest economies. 

“Heads-of-state diplomacy plays an irreplaceable role in providing strategic guidance for China–U.S. relations,” Liu said in a statement to Fox News Digital. “We welcome President Trumps state visit to China. China stands ready to work with the U.S. to expand cooperation and manage differences in the spirit of equality, respect and mutual benefit, and provide more stability and certainty for a transforming and volatile world.”

For Xi, analysts say, the top priority likely is avoiding further escalation with Washington while buying time for Chinas slowing economy, as it continues to struggle with weak domestic demand, deflationary pressure and industrial overcapacity. 

A recent report by the U.S.–China Economic and Security Review Commission warned that Beijing is doubling down on state-led despite mounting structural weaknesses in the Chinese economy.

The commission said China is increasingly operating a “two-speed” economy, where much of the broader economy stagnates while sectors prioritized by the Chinese Communist Party receive massive state support and continue expanding beyond market demand.

The report also warned of a new “China Shock 2.0,” arguing Beijings excess industrial capacity and record are disrupting global markets while increasing foreign dependence on Chinese-controlled supply chains in sectors ranging from batteries and pharmaceuticals to semiconductors and artificial intelligence.

“Chinese policy seeks simultaneously to reduce Chinas reliance on foreign technology while increasing the worlds dependence on China,” the commission noted in its findings.

At the same time, Xi is entering the talks with leverage stemming from the ongoing Iran crisis and global energy disruptions.

Trump has faced growing domestic pressure over rising energy prices tied to instability in the and shipping threats near the Strait of Hormuz. Beijing, meanwhile, remains one of Irans largest oil customers and maintains political ties with Tehran.

Susan Thornton, former acting assistant for East Asian and Pacific affairs during Trumps first term, said during a recent Stanford University Asia-Pacific Research Center <a href="https://fsi.stanford.edu/news/stakes-trump-xi-summit-and-whats-next-us-china-relations#:~:text=As%20U.S.%20President%20Do

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