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Market Chatter: US Says China Open to Expanded Energy Trade Following Xi-Trump Summit

Following Thursday's summit between presidents Donald Trump and Xi Jinping, Washington signaled potential growth in American energy exports to China, Reuters reported Thursday.The White House said Xi showed willingness to increase U.S. oil purchases to lessen reliance on Middle Eastern shipping routes, according to the report.U.S. Treasury Secretary Scott Bessent said Alaskan production is particularly suited for Chinese buyers, Reuters wrote. However, Beijing's official statements omitted any energy discussion.Chinese oil imports from America halted in May 2025 due to 20% trade war tariffs, according to the report. Previously, U.S. crude never exceeded 4% of China's imports, peaking at 395,000 barrels daily in 2020.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Market Chatter: US Expects China to Buy "Double Digit Billion" Worth of US Farm Goods After Trump-Xi Meeting

U.S. Trade Representative Jamieson Greer expects China to agree on purchasing "double-digit billion" worth of U.S. farm goods at the close of the meeting between President Donald Trump and Chinese President Xi Jinping, Bloomberg News reported Friday.Among the products expected to be imported from the U.S. are soybeans, Greer told Bloomberg Television in an interview.U.S. officials considered the establishment of a Board of Trade ahead of the meetings. The board would manage commercial ties through the mitigation of duties and trade barriers on non-critical products, the report said.Greer also downplayed Xi's warnings over the mishandling of issues surrounding Taiwan, saying that the meeting's tone might not have been as sharp, according to the media outlet.Moreover, Greer said semiconductor export controls were not a key topic during the U.S. and China meeting, despite Nvidia's chief executive officer, Jensen Huang, being part of the U.S. delegation in the last minute, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Market Chatter: IMF Welcomes US-China Dialogue; Warns Middle East Conflict Slowing Global Growth

The International Monetary Fund praised the productive talks between Donald Trump and Xi Jinping, noting that easing trade friction between the world's two biggest economies would support worldwide economic health, Reuters reported Friday.Spokesperson Julie Kozack emphasized that lowering trade tensions and uncertainty serves the interests of both nations and the broader global market, according to the report.Kozack also cautioned that the ongoing conflict in the Middle East, which is keeping crude prices over $100 per barrel, is steering the world economy into the IMF's "adverse" projection, slashing global growth to 2.5% versus the expected 3.1%, Reuters wrote.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Market Chatter: Russia's Putin to Visit China

Russia's President Vladimir Putin is set to visit China very soon, Reuters reported Thursday, citing ​Kremlin spokesman Dmitry Peskov.Putin and Chinese President Xi Jinping, who have met over 40 times through the years, signed a "no limits" strategic partnership in February 2022, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Market Chatter: China Considers Purchasing More US Oil to Reduce Middle East Reliance, White House Official Says

China's President Xi Jinping is looking at buying more oil from the U.S. to lessen the country's dependence on Middle East oil amid the closure of the Strait of Hormuz, Bloomberg News reported Thursday, citing a White House official.Xi made the statement while meeting with U.S. President Donald Trump in Beijing, the official told the media outlet.China objected to Iran's plan to charge a toll for the navigation of the strait, which has been closed in response to the air strikes from the U.S. and Israel, according to the report.Both presidents agreed that the waterway should be kept open to ensure the free flow of energy, the official said in the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Market Chatter: China Restores US Beef Access Amid Trump-Xi Summit

China has renewed import licenses for hundreds of US beef processing plants, Bloomberg News reported Thursday, citing sources.The timing coincided with high-stakes talks between US President Donald Trump and Chinese President Xi Jinping on Thursday.The licenses lapsed last year after Trump hiked tariffs against China, leading to a 67% drop in US beef shipments between 2024 and 2025, the report said, citing data from the US Department of Agriculture.Permits are generally granted for five-year terms, Reuters said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

China to Order 200 Jets From Boeing, Trump Says

China is set to place an order for 200 jets from Boeing, US President Donald Trump told Fox News on Thursday."One thing [Chinese President Xi Jinping] agreed to today, he's going to order 200 jets. That's a big thing. Boeings," Trump said."Boeing wanted 150, he got 200... I think it was a commitment," the president added.However, Boeing's shares fell nearly 5% in NYSE trading on Thursday.Bloomberg Intelligence analyst George Ferguson said an order for 200 jets "is a disappointment for a market looking for 300 or more and details around type.""China has only ordered 39 Boeing planes this decade," Ferguson noted.

Market Chatter: Trump Invites Xi to White House on Sept. 24

U.S. President Donald Trump invited Chinese President Xi Jinping and his wife, Peng Liyuan, to the White House on Sept. 24, Politico reported Thursday.The invitation follows a high-stakes summit on Thursday, in which no trade agreement was made.During the summit, Xi warned that mishandling the Taiwan issue could lead US-China relations to "a very dangerous place."(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Market Chatter: Trump, Xi to Meet Friday For Second Day of Talks

U.S. President Donald Trump and Chinese President Xi Jinping are set for a second day of talks on Friday in Beijing, Reuters reported the same day.The second meeting comes after Xi warned that mishandling the Taiwan issue could lead U.S.-China relations to "a very dangerous place."Trump and Xi are expected to have tea and lunch before the U.S. president departs for the U.S., the report said.There was no trade breakthrough during the two leaders' summit on Thursday, according to reports.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

China's Aviation Regulator Creates Low-Altitude Safety Unit

The Civil Aviation Administration of China (CAAC) has launched a low-altitude safety department to oversee development plans, coordinate safety protocols and build flight service platforms for the emerging sector.The low-altitude economy covers activities under 1,000 meters, Xinhua News reported Wednesday.The CAAC forecasts the low-altitude economy could surpass 3.5 trillion yuan by 2035.

China's Railway Investment Rises 3.2% in January-April

China State Railway Group reported 200.8 billion yuan in fixed-asset investment for the first four months of 2026, up 3.2% from the previous year, Xinhua News reported Wednesday..The operator pledged to accelerate delivery of major rail projects under the 15th Five-Year Plan.

Market Chatter: Chinese Supertanker Passes Through Hormuz Strait

Chinese supertanker Yuan Hua Hu passed through the Strait of Hormuz on Wednesday, sailing toward a U.S. blockade, Bloomberg News reported Wednesday.The 2-million-barrel vessel, owned by COSCO Shipping (SHA:601919, HKG:1919) units, passed Iran's Larak island into the Gulf of Oman, according to the report. Fully loaded after lifting crude from Iraq's Basrah terminal in March, the ship signals Zhoushan, China as its destination.This is the third transit by a Chinese very large crude carrier since the war began, Bloomberg wrote.Shares of COSCO Shipping rose 1% on the Shanghai bourse on Thursday and 2% on the Hong Kong bourse.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

China's Local Governments See Steady Fiscal Metrics in Q1, Fitch Says

Chinese local and regional governments (LRGs) saw stable fiscal metrics for the first quarter of 2026, Fitch Ratings said in a recent release.The LRGs' operating revenue expanded 2.1% year over year, supported by better tax and nontax revenue.Operating expenditure rose 2.3%, with interest expense, healthcare, social security, and employment spending serving as drivers.The rating agency forecast a modest drop in capital revenue for this year, following a 19.1% decline in the first quarter, amid dampened land demand and a policy aligning land supply with weak demand.The Middle East conflict could have potential impacts on the economy although positive signs including growth in the producer price index have emerged, Fitch said.Infrastructure investment should continue to grow in the second quarter, driven by accelerated special purpose bond issuance and central transfers from ultra-long special sovereign bonds.

Market Chatter: Elon Musk Looks to Accomplish 'Many Good Things' in China Trip

Tesla CEO Elon Musk is looking to "accomplish many good things" during U.S. President Donald Trump's visit to China this week, Reuters reported Thursday.Musk's remarks to reporters during his visit to China come as Chinese officials and the public seem to have a love-hate relationship with him and his products, the report said.Chinese regulators see him as a visionary, as his products, including his electric cars, align with Beijing's vision, but his products are also the subject of numerous customer complaints, according to the report.Musk's SpaceX and Starlink satellite internet also raised eyebrows from China's People's Liberation Army, according to Reuters.Musk joined the delegation of CEOs accompanying Trump to Beijing seeking to resolve issues with the Chinese government, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

China Stocks Fall as Investors Await Outcome of Trump-Xi Summit

Chinese stocks slid Thursday as investors await more developments from the meeting between Presidents Xi Jinping and Donald Trump in Beijing.The Shanghai Composite Index, the main gauge of Chinese stocks, lost 1.5%, or 64.65 points, to 4,177.92. The Shenzhen Component Index declined 2.1% or by 344.01 points to 15,745.74.While Trump was singing the praises of his Chinese counterpart, Xi was more stern, even cautioning Trump of his handling of Taiwan relations, the Associated Press reported Thursday.Xi said Washington should handle the Taiwan question with more care, or it could lead to "conflicts" that would put "the entire relationship in great jeopardy," Xinhua News Agency reported.During welcome remarks earlier, Xi called on Trump to "build a brighter future" together, as the two countries are "partners, not rivals," and said the meeting should open a new chapter in their bilateral relations.While the meeting is ongoing, investors largely forecast both leaders to keep trade tensions in the backseat to focus on artificial intelligence, Reuters reported."Investors aren't positioned for a positive surprise - meaning even a modest outcome could boost sentiment," the newswire quoted Syfe Group Head of Investments and Advisory Ritesh Ganeriwal.The renminbi edged up to a three-year high on Thursday after the People's Bank of China set the midpoint at 6.8401 yuan per dollar, the strongest since March 24, 2023, Reuters said."Beijing is adopting a wait-and-see mode, given the 'better than expected' first-quarter (economic) growth ... Beijing's focus for the summit is not on deliverables but on optics, aiming to project stability and predictability to both international and domestic audiences," Retuers quoted Macquarie (ASX:MQG) Chief China Economist Larry Hu as saying.In corporate news, BeOne Medicines (SHA:688235) plunged 4% during market close in Shanghai after the U.S. Food and Drug Administration granted accelerated approval to Beqalzi to treat a type of rare blood cancer.

Market Chatter: Nvidia's Huang Says US-China Meetings Were "Excellent"

Jensen Huang, Nvidia's chief executive officer, said the meetings between the U.S. and China "went excellent," according to a report on RTHK on Thursday.In a last-minute decision, Huang joined U.S. President Donald Trump's delegates to Beijing, which included Tesla's Elon Musk and Apple's Tim Cook, the report said.Huang also told state media CCTV he hoped the meeting between Trump and Chinese President Xi Jinping would be able to boost bilateral ties, Reuters reported on the same day.Nvidia is currently unable to deliver its H200 chips to China, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Xi Meets With U.S. Business Leaders

Chinese President Xi Jinping followed up the two-hour talk with U.S. President Donald Trump by meeting with American business leaders on Thursday, BBC News reported.Xi said China is open for more business, adding that American firms will find broader prospects in the country, according to the report.He noted that U.S. companies have been deeply involved in China's growth, with both sides benefiting, BBC wrote. Beijing, he said, welcomes stronger reciprocal cooperation.Trump brought with him a delegation of prominent U.S. executives, including leaders from Meta, Tesla, BlackRock, Illumina, Mastercard and Visa, during the summit.

US Reaffirms 'Clear, Full Support' for Taiwan, Government Spokesperson Says

The U.S. has reaffirmed its support for Taiwan, according to multiple media reports Thursday."The US side has repeatedly reaffirmed its clear and firm support for Taiwan," Cabinet spokesperson Michelle Lee was quoted by the AFP as saying to reporters.Chinese President Xi Jinping earlier said the question on Taiwan is the most important issue in bilateral relations with the U.S., according to a Xinhua report.Ahead of the US-China summit, China's Embassy in the U.S. outlined four "red lines" that it said "must not be challenged" during the bilateral talks. These include "the Taiwan question."China regards self-governing Taiwan as its province. The U.S. recognizes the government in Beijing but its domestic law requires providing weapons to Taiwan so it could defend itself, the AFP said.

Xi Calls for China-U.S. Partnership During Beijing Summit

Chinese President Xi Jinping on Thursday urged closer cooperation with the U.S. during talks with U.S. President Donald Trump in Beijing, saying the two countries should be partners rather than rivals, Xinhua News reported Thursday.Xi said both nations share more common interests than differences and should help each other succeed.He added that stable China-U.S. ties would benefit the world and expressed hope that 2026 would become a "historic, landmark year" in bilateral relations.

US-China Bilateral Talks Conclude After Two Hours