China

WASHINGTON — President Trump will host leaders of five Central Asian countries at the White House on Thursday as he intensifies his hunt for rare earth metals needed for high-tech devices, including smartphones, electric vehicles and fighter jets.

Trump and the officials from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan are holding an evening summit and dinner on the heels of Trump managing at least a temporary thaw with Chinese leader Xi Jinping on differences between the United States and China over the export of rare earth elements, a key point of friction in their trade negotiations.

Early last month, Beijing expanded export restrictions over vital rare earth elements and magnets before announcing, after Trump-Xi talks in South Korea last week, that China would delay its new restrictions by one year.

Washington is now looking for new ways to circumvent China on critical minerals. China accounts for nearly 70% of the world’s rare earth mining and controls roughly 90% of global rare earths processing.

Central Asia holds deep reserves of rare earth minerals and produces roughly half the world’s uranium, which is critical to nuclear power production. But the region badly needs investment to further develop the resources.

Central Asia’s critical mineral exports have long tilted toward China and Russia. Kazakhstan, for example, in 2023 sent $3.07 billion in critical minerals to China and $1.8 billion to Russia compared with $544 million to the U.S., according to country-level trade data compiled by the Observatory of Economic Complexity, an online data platform.

A bipartisan group of senators introduced legislation Wednesday to repeal Soviet-era trade restrictions that some lawmakers say are holding back American investment in the Central Asian nations, which became independent with the 1991 collapse of the Soviet Union.

“Today, it’s not too late to deepen our cooperation and ensure that these countries can decide their own destinies, as a volatile Russia and an increasingly aggressive China pursue their own national interests around the globe at the cost to their neighbors,” said Republican Sen. Jim Risch of Idaho, chairman of the Senate Foreign Relations Committee and a sponsor of the legislation. “The United States offers Central Asian nations the real opportunity to work with a willing partner, while lifting up each others’ economies.”

The grouping of countries, referred to as the “C5+1,” has largely focused on regional security, particularly in light of the two-decade U.S. military presence and then withdrawal from neighboring Afghanistan, China’s treatment of ethnic Uyghur Muslims in Xinjiang and attempts by Russia to reassert power in the region.

Secretary of State Marco Rubio welcomed the Central Asian leaders at the State Department on Wednesday to mark the 10-year anniversary of the C5+1 and to plug the potential for expanding the countries economic ties to the U.S.

“We oftentimes spend so much time focused on crisis and problems – and they deserve attention – that sometimes we don’t spend enough time focused on exciting new opportunities,” Rubio said. “And that’s what exists here now: an exciting new opportunity in which the national interests of our respective countries are aligned.”

Deputy Secretary of State Christopher Landau and the U.S. ambassador to India, Sergio Gor, who also serves as President Donald Trump’s special envoy to South and Central Asia, recently visited Kazakhstan and Uzbekistan to prepare for the summit.

Administration officials say deepening the U.S. relationship with the countries is a priority, a point they have made clear to the Central Asian officials.

The president’s “commitment to this region is that you have a direct line to the White House, and that you will get the attention that this area very much deserves,” Gor told the Central Asian officials Wednesday.

In 2023, Democratic President Joe Biden met with the five leaders on the sidelines of the U.N. General Assembly. That was the only other time that a sitting president has taken part in a C5+1 summit.

Madhani writes for the Associated Press. AP writer Matthew Lee contributed to this report.

US Treasury accuses Pyongyang of stealing $3bn in digital assets to finance its nuclear weapons programme over three years.

North Korea has denounced the latest United States sanctions targeting cybercrimes that the US says help finance its nuclear weapons programme, accusing Washington of harbouring “wicked” hostility towards Pyongyang and promising unspecified countermeasures.

The statement on Thursday by a North Korean vice foreign minister came two days after the US Department of the Treasury imposed sanctions on eight people and two firms, including North Korean bankers, for allegedly laundering money from cybercrime schemes.

The US Treasury accused North Korea of operating state-sponsored hacking schemes that have stolen more than $3bn in mostly digital assets over the past three years, an amount unmatched by any other foreign actor. The Treasury Department said the illicit funds helped finance the country’s nuclear weapons programme.

The department said North Korea relies on a network of banking representatives, financial institutions and shell companies in North Korea, China, Russia and elsewhere to launder funds obtained through IT worker fraud, cryptocurrency heists and sanctions evasion.

The sanctions were rolled out even as US President Donald Trump continues to express interest in reviving talks with North Korean leader Kim Jong Un. Their nuclear discussions during Trump’s first term collapsed in 2019 amid disagreements over trading relief from US-led sanctions on North Korea for steps to dismantle its nuclear programme.

“Now that the present US administration has clarified its stand to be hostile towards the DPRK to the last, we will also take proper measures to counter it with patience for any length of time,” the North Korean vice minister, Kim Un Chol, said in a statement.

He said US sanctions and pressure tactics will never change the “present strategic situation” between the countries or alter North Korea’s “thinking and viewpoint”.

Kim Jong Un has shunned any form of talks with Washington and Seoul since his fallout with Trump in 2019. He has since made Russia the focus of his foreign policy, sending thousands of soldiers, many of whom have died on the battlefield, and large amounts of military equipment for President Vladimir Putin’s war on Ukraine while pursuing an increasingly assertive strategy aimed at securing a larger role for North Korea in a united front against the US-led West.

In a recent speech, Kim Jong Un urged Washington to drop its demand for the North to surrender its nuclear weapons as a condition for resuming diplomacy. He ignored Trump’s proposal to meet while the US president was in South Korea last week for meetings with world leaders attending the Asia-Pacific Economic Cooperation summit.

Australia’s upcoming social media ban for children under 16 years old will include the online forum Reddit and livestreaming platform Kick in addition to seven other well-known sites, according to the country’s online safety commissioner.

The social media ban will go into effect on December 10 and will also restrict access to Facebook, Instagram, Snapchat, Threads, TikTok, X and YouTube, Communications Minister Anika Wells said on Wednesday.

“Online platforms use technology to target children with chilling control. We are merely asking that they use that same technology to keep children safe online,” Wells said.

“We have met with several of the social media platforms in the past month so that they understand there is no excuse for failure to implement this law,” Wells told reporters in Canberra.

“We want children to have a childhood, and we want parents to have peace of mind,” she said.

Social media platforms have had 12 months to prepare for the ban since Australia passed its landmark online safety legislation in November last year.

Initial discussions focused primarily around Facebook, Instagram, Snapchat, TikTok, X and YouTube, but the list was later expanded, and Wells said the list could continue to change.

While more than 140 Australian and international academics signed an open letter to Prime Minister Anthony Albanese last year opposing the age limit ban as a “blunt” instrument, Canberra’s move is being closely watched by countries that share concerns about the impacts of online platforms on children.

“Delaying children’s access to social media accounts gives them valuable time to learn and grow, free of the powerful, unseen forces of harmful and deceptive design features such as opaque algorithms and endless scroll,” eSafety Commissioner Julie Inman Grant said.

Inman Grant said she would work with academics to evaluate the impact of the ban, including whether children sleep or interact more or become more physically active as a result of the restrictions on using social media.

“We’ll also look for unintended consequences, and we’ll be gathering evidence” so others can learn from Australia’s ban, Inman Grant said.

Critics have questioned how the restrictions will be enforced because users cannot be “compelled” to submit government IDs for an age check, according to a government fact sheet.

Discussions are under way with platforms about how to comply with the new rules, the commissioner said, while failure to comply could lead to civil fines of up to 49.5 million Australian dollars (US$32.1m).

TikTok investigated over youth suicide

News that Australia would add more names to the list of banned platforms came as French authorities said they had opened an investigation into the social media platform TikTok and the risks of its algorithms pushing young people into suicide.

Paris prosecutor Laure Beccuau said the probe was in response to a parliamentary committee’s request to open a criminal inquiry into TikTok’s possible responsibility for endangering the lives of its young users.

Beccuau said a report by the committee had noted “insufficient moderation of TikTok, its ease of access by minors and its sophisticated algorithm, which could push vulnerable individuals towards suicide by quickly trapping them in a loop of dedicated content”.

TikTok did not immediately respond to a request for comment.

The Paris police cybercrime unit will look into the offence of providing a platform for “propaganda in favour of products, objects, or methods recommended as means of committing suicide”, which is punishable by three years in prison.

The unit will also look into the offence of enabling “illegal transactions by an organised gang”, punishable by 10 years in prison and a fine of 1 million euros ($1.2m).

With more than 1.5 billion users worldwide, TikTok, owned by China-based ByteDance, has come under fire from governments in Europe and the United States in recent years.

Concerns raised over the platform have included content encouraging suicide, self-harm or an unhealthy body image as well as its potential use for foreign political interference.

A TikTok spokesman told the French news agency AFP in September that the company “categorically rejects the deceptive presentation” by French MPs, saying it was being made a “scapegoat” for broader societal issues.

Starbucks has announced it will sell the majority stake in its Chinese business for $4bn to a Hong Kong-based private equity firm after years of losing market share to local competitors in China.

Starbucks announced the sale on Monday, which will see the firm Boyu Capital take a 60 percent stake in its Chinese retail operations through a joint venture.

Boyu Capital has offices in Shanghai, Beijing and Singapore, and its cofounders include Alvin Jiang, the grandson of former Chinese President Jiang Zemin, according to the Reuters news agency.

The US coffee giant will retain a 40 percent interest in its China operations while maintaining its ownership of the company’s brand and intellectual property, the company said.

The deal marks a “new chapter” in Starbucks’s 26-year-long history in China, the company said in a statement.

It will also give Starbucks a much-needed injection of funding and logistical support as it tries to expand its business deeper into China, according to Jason Yu, the Shanghai-based managing director of CTR Market Research.

Starbucks has 8,000 locations across China, but it aspires to open as many as 20,000 through its joint venture, the company said in a statement.

“Starbucks used to be a pioneer in coffee in China, where it was probably the first coffee chain in many cities, but this is no longer the case as the local competition already outpaced Starbucks in their expansion,” Yu told Al Jazeera.

Top competitors include homegrown Luckin Coffee, which has more than 26,000 locations worldwide, mostly in China.

Starbucks has historically been concentrated in first- and second-tier cities like Shanghai, Beijing and Shenzhen while Luckin has expanded into much smaller cities.

Luckin has also built a reputation around offering customers much cheaper drinks than Starbucks through its loyalty programme and in-app discounts.

A small Americano coffee at Starbucks costs 30 yuan ($4.21), but at Luckin, the same drink retails on average for about 10 yuan ($1.40), according to Yu.

Olivia Plotnick, founder of the Shanghai-based social marketing company Wai Social, told Al Jazeera that Starbucks has been unable to keep up with competitive pricing and consumer preferences.

“Between domestic players such as Luckin and later Cotti Coffee undercutting Starbucks on price, footprint and flavour fuelled by tech, wider beverage competition from the rise of milk tea brands and delivery platform wars, Starbucks have lost their once very competitive edge,” Plotnick said. By “delivery platform wars”, Plotnick referred to the cutthroat competition between apps for delivery services that drives down prices of goods like coffee.

Starbucks’s joint venture with Boyu Capital will offer the company more capital for investment but also help with logistics, infrastructure and managing commercial property as it opens more storefronts in regional cities, Yu said.

The company is following a familiar playbook used by other international brands in China, he said.

In 2016, after a major food safety scandal, KFC and Pizza Hut owner Yum Brands sold a stake in their China business to the China-based Primavera Capital and an affiliate of the e-commerce giant Alibaba Group, according to Reuters. The China business was later spun off into an independent entity.

In 2017, McDonald’s sold off a majority stake in its China, Hong Kong and Macau businesses to the Chinese state-backed conglomerate CITIC and the private equity group Carlyle Capital although it later bought back some of its business, according to CNBC.

After the deal with CITIC, McDonald’s doubled its outlets in China to 5,500 as of late 2023, CNBC said, and aims to open 10,000 restaurants by 2028.

US President Donald Trump has appeared on the CBS News programme 60 Minutes just months after he won a $16m settlement from the broadcaster for alleged “deceptive editing”.

In the interview with CBS host Norah O’Donnell, which was filmed last Friday at his Mar-a-Lago residence and aired on Sunday, Trump touched on several topics, including the ongoing government shutdown, his administration’s unprecedented crackdowns on undocumented migrants, the US’s decision to restart nuclear testing, and the trade war with China.

Trump, who regularly appears on Fox News, a right-wing media outlet, has an uneasy relationship with CBS, which is considered centrist.

In October 2020, the president walked out of a 60 Minutes interview in the lead-up to the 2020 election he lost, claiming that the host, Lesley Stahl, was “biased”.

Here are some key takeaways from the interview:

The interview took place one year to the day after Trump sued CBS

The president’s lawyers sued CBS owner Paramount in October 2024 for “mental anguish” over a pre-election interview with rival candidate Kamala Harris that Trump claimed had been deceptively edited to favour Democrats and thus affected his campaign.

CBS had aired two different versions of an answer Harris gave to a question on Israel’s war on Gaza, posed by host Bill Whitaker. One version aired on 60 Minutes while the other appeared on the programme Face the Nation.

Asked whether Israel’s prime minister, Benjamin Netanyahu, listened to US advice, Harris answered: “We are not going to stop pursuing what is necessary for the United States – to be clear about where we stand on the need for this war to end.”

In an alternative edit, featured in earlier pre-broadcast promotions, Harris had given a longer, more rambling response that did not sound as concise.

The network argued the answer was edited differently for the two shows due to time restrictions, but Trump’s team claimed CBS “distorted” its broadcasts and “helped” Harris, thereby affecting his campaign. Trump asked for an initial $10bn in damages before upping it to $20bn in February 2025.

Paramount, in July 2025, chose to settle with Trump’s team to the tune of $16m in the form of a donation to a planned Trump presidential library. That move angered journalist unions and rights groups, which argued it set a bad precedent for press freedom.

Paramount executives said the company would not apologise for the editing of its programmes, but had decided to settle to put the matter to rest.

The company was at the time trying to secure federal approval from Trump’s government for a proposed merger with Skydance, owned by Trump ally Larry Ellison. The Federal Communications Commission has since approved the merger that gives Ellison’s Skydance controlling rights.

On October 19, Trump’s son-in-law, Jared Kushner, and Steve Witkoff, US special envoy to the Middle East, were interviewed on 60 Minutes regarding the Israel-Gaza war.

He solved rare-earth metals issue with China

After meeting with Chinese President Xi Jinping in South Korea last Thursday, Trump praised his counterpart as a “strong man, a very powerful leader” and said their relationship was on an even keel despite the trade war. However, he blamed China for “ripping off” the US through its dominance of crucial rare earth materials.

Trump told 60 Minutes he had cut a favourable trade agreement with China and that “we got – no rare-earth threat. That’s gone, completely gone”, referring to Chinese export restrictions on critical rare-earth metals needed to manufacture a wide range of items including defence equipment, smartphones and electric vehicles.

However, Beijing actually only said it would delay introducing export controls for five rare-earth metals it announced in October, and did not mention restrictions on a further seven it announced in April this year. Those restrictions remain in place.

Xi ‘knows what will happen’ if China attacks Taiwan

Trump said President Xi did not say anything about whether Beijing planned to attack autonomous Taiwan.

However, he referred to past assurances from Xi, saying: “He [Xi] has openly said, and his people have openly said at meetings, ‘We would never do anything while President Trump is president’, because they know the consequences.”

Asked whether he would order US forces to action if China moved militarily on Taiwan, Trump demurred, saying: “You’ll find out if it happens, and he understands the answer to that … I can’t give away my secrets. The other side knows.”

There are mounting fears in the US that China could attack Taiwan. Washington’s stance of “strategic ambiguity” has always kept observers speculating about whether the US would defend Taiwan against Beijing. Ahead of the last elections, Trump said Taiwan should “pay” for protection.

He doesn’t know who the crypto boss he pardoned is

When asked why he pardoned cryptocurrency multibillionaire and Binance founder Changpeng Zhao last month, Trump said: “I don’t know who he is.”

The president said he had never met Zhao, but had been told he was the victim of a “witch hunt” by the administration of former US President Joe Biden.

Zhao pleaded guilty to enabling money laundering in connection with child sex abuse and “terrorism” on his crypto platform in 2023. He served four months in prison until September 2024, and stepped down as chief executive of Binance.

Binance has been linked to the Trump family’s cryptocurrency company World Liberty Financial, and many have questioned if the case is a conflict of interest.

In March 2025, World Liberty Financial launched its own dollar-pegged cryptocoin, USD1, on Binance’s blockchain and the company promoted it to its 275 million users. The coin was also supported by an investment fund in the United Arab Emirates, MGX Fund Management Limited, which used $2bn worth of the World Liberty stablecoin to buy a stake in Binance.

This part of the interview appeared in a full transcript of the 90-minute interview, but does not appear in either the 28-minute televised version or the 73-minute extended online video version. CBS said in a note on the YouTube version that it was “condensed for clarity”.

Other countries ‘are testing nuclear weapons’

Trump justified last week’s decision by his government to resume nuclear testing for the first time in 33 years, saying that other countries – besides North Korea – are already doing it.

“Russia’s testing, and China’s testing, but they don’t talk about it,” Trump said, also mentioning Pakistan. “You know, we’re an open society. We’re different. We talk about it. We have to talk about it, because otherwise you people are gonna report – they don’t have reporters that gonna be writing about it. We do.”

Russia, China, and Pakistan have not openly conducted tests in recent years. Analyst Georgia Cole of UK think tank Chatham House told Al Jazeera that “there is no indication” the three countries have resumed testing.

He’s not worried about Hamas disarming

The president claimed the US-negotiated ceasefire and peace plan between Israel and Hamas was “very solid” despite Israeli strikes killing 236 Gazans since the ceasefire went into effect. It is also unclear whether or when the Palestinian armed group, Hamas, has agreed it will disarm.

However, Trump said he was not worried about Hamas disarming as the US would force the armed group to do so. “Hamas could be taken out immediately if they don’t behave,” he said.

Venezuela’s Maduro’s ‘days are numbered’

Trump denied the US was going to war with Venezuela despite a US military build-up off the country’s coast and deadly air strikes targeting alleged drug-trafficking ships in the country’s waters. The United Nations has said the strikes are a violation of international law.

Responding to a question about whether the strikes were really about unseating Venezuela’s President Nicolas Maduro, Trump said they weren’t. However, when asked if Maduro’s days in office were numbered, the president answered: “I would say, yeah.”

US government shutdown is all the Democrats’ fault

Trump, a member of the Republican Party, blamed Democrats for what is now close to the longest government shutdown in US history, which has been ongoing since October 1.

Senators from the Democratic Party have refused to approve a new budget unless it extends expiring tax credits that make health insurance cheaper for millions of Americans and unless Trump reverses healthcare cuts made in his tax-and-spending bill, passed earlier this year.

The US president made it clear that he would not negotiate with Democrats, and did not give clear plans for ending the shutdown affecting 1.4 million governent employees.

US will become ‘third-world nation’ if tariffs disallowed

Referring to a US Supreme Court hearing brought by businesses arguing that the Trump government’s tariff war on other countries is illegal and has caused domestic inflation, Trump said the US “would go to hell” and be a “third world nation” if the court ordered tariffs to be removed.

He said the tariffs are necessary for “national security” and that they have increased respect from other countries for the US.

ICE raids ‘don’t go far enough’

Trump defended his government’s unprecedented Immigration and Customs Enforcement (ICE) raids and surveillance on people perceived to be undocumented migrants.

When asked if the raids had gone too far, he responded: “No. I think they haven’t gone far enough because we’ve been held back by the judges, by the liberal judges that were put in by [former US Presidents Joe] Biden and [Barack] Obama.”

Zohran Mamdani is a ‘communist’

Regarding the New York City mayoral race scheduled for November 4, Trump said he would not back democratic socialist Zohran Mamdani, and called him a “communist”. He said if Mamdani wins, it will be hard for him to “give a lot of money to New York”.

China has frequently accused the Philippines of acting as a ‘troublemaker’ and ‘saboteur of regional stability’.

The Philippines and Canada have signed a defence pact to expand joint military drills and deepen security cooperation in a move widely seen as a response to China’s growing assertiveness in the region, most notably in the disputed South China Sea.

Philippine Defence Secretary Gilberto Teodoro Jr and Canadian Defence Minister David McGuinty inked the Status of Visiting Forces Agreement (SOVFA) on Sunday after a closed-door meeting in Manila.

McGuinty said the deal would strengthen joint training, information sharing, and coordination during humanitarian crises and natural disasters.

Teodoro described the pact as vital for upholding what he called a rules-based international order in the Asia-Pacific, where he accused China of expansionism. “Who is hegemonic? Who wants to expand their territory in the world? China,” he told reporters.

The agreement provides the legal framework for Canadian troops to take part in military exercises in the Philippines and vice versa. It mirrors similar accords Manila has signed with the United States, Australia, Japan and New Zealand.

China has not yet commented on the deal, but it has frequently accused the Philippines of being a “troublemaker” and “saboteur of regional stability” after joint patrols and military exercises with its Western allies in the South China Sea.

Beijing claims almost the entire waterway, a vital global shipping lane, thereby ignoring a 2016 international tribunal ruling that dismissed its territorial claims as unlawful. Chinese coastguard vessels have repeatedly used water cannon and blocking tactics against Philippine ships, leading to collisions and injuries.

Teodoro used a regional defence ministers meeting in Malaysia over the weekend to condemn China’s declaration of a “nature reserve” around the contested Scarborough Shoal, which Manila also claims.

“This, to us, is a veiled attempt to wield military might and the threat of force, undermining the rights of smaller countries and their citizens who rely on the bounty of these waters,” he said.

Talks are under way by the Philippines for similar defence agreements with France, Singapore, Britain, Germany and India as Manila continues to fortify its defence partnerships amid rising tensions with Beijing.

The draft proposals for China’s 15th Five-Year Plan were approved during the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China in October 2025. The final plan is expected to be adopted by the National People’s Congress (NPC) in March 2026.

   China’s Five-Year Plans have been key strengths of China’s medium- to long-term economic and social development framework since the 1950s. Specifically, it has demonstrated strategic foresight, coordinated planning, and consistent implementation. The key strengths of China’s 15th Five-Year Plan are its focus on high-quality development, particularly by achieving stringent climate targets such as peaking carbon emissions before 2030, while relying on strict monitoring mechanisms and advanced technologies. The plan also promotes innovation and digital transformation, focuses on integrated economic and military development, and leverages investment in research and development.

•  The strengths of China’s 15th Five-Year Plan, compared to previous five-year plans, are:

1)       Focus on quality development:

Compared to previous plans that focused on quantitative growth, the 15th Five-Year Plan focuses on quality, innovation, and sustainability rather than simply increasing productivity.

2) Integrated economic and military development:

The new plan systematically integrates scientific and technological innovations across the military and civilian sectors, enhancing national capabilities in a comprehensive manner.

3) Shifting towards a green economy:

The plan features new mechanisms for monitoring and managing carbon emissions, representing a significant shift from previous plans that were less focused on environmental issues.

4)       Investment in Research and Development:

The plan continues to boost investment in research, development, and innovation, a core strength that has enabled China to achieve significant technological advancements.

5) Balanced Development:

The plan seeks to achieve balanced development by supporting resource-rich regions, helping to reduce development gaps between different regions.

6) Investment Opportunities:

The plan opens new horizons for investors in areas such as carbon trading, offsets, and carbon asset management services, boosting national economic development.

Based on our understanding of the previous analysis, China’s 15th Five-Year Plan (2026-2030) includes goals for economic and social development, focusing on technological self-reliance, high-quality development, and a real economy. The plan aims to be a crucial link towards achieving socialist modernization by 2035.

US president claims Chinese leader ‘openly said’ Beijing would not act on Taiwan while Trump is in the White House ‘because they know the consequences’.

United States President Donald Trump has said that his Chinese counterpart Xi Jinping has assured him that Beijing will not attempt to unify Taiwan with mainland China while the Republican leader is in office.

Trump said on Sunday that the long-contentious issue of Taiwan “never even came up as a subject” when he met with Xi in South Korea on Thursday for their first face-to-face meeting in six years. The meeting largely focused on US-China trade tensions.

“He has openly said, and his people have openly said at meetings, ‘We would never do anything while President Trump is president’, because they know the consequences,” Trump said in an interview with the CBS 60 Minutes programme that aired on Sunday.

Asked in the interview whether he would order US forces into action if China moved militarily on Taiwan, Trump demurred.

The US, under both Republican and Democratic administrations, has maintained a policy of “strategic ambiguity” on Taiwan – trying not to tip its hand on whether the US would come to the island’s aid in such a scenario.

“You’ll find out if it happens, and he understands the answer to that,” said Trump, referring to Xi.

But Trump declined to spell out what he meant in the interview conducted on Friday at his Mar-a-Lago resort in Florida, adding: “I can’t give away my secrets. The other side knows.”

US officials have long been concerned about the possibility of China using military force against Taiwan, the self-governed island democracy Beijing claims as part of its territory.

The 1979 Taiwan Relations Act, which has governed US relations with the island, does not require the US to step in militarily if China invades but makes it US policy to ensure Taiwan has the resources to defend itself and prevent any unilateral change of status by Beijing.

Liu Pengyu, a spokesman for the Chinese Embassy in Washington, DC, did not respond directly to a query from The Associated Press news agency about whether Trump has received any assurances from Xi or Chinese officials about Taiwan. He insisted in a statement that China “will never allow any person or force to separate Taiwan from China in any way”.

“The Taiwan question is China’s internal affair, and it is the core of China’s core interests. How to resolve the Taiwan question is a matter for the Chinese people ourselves, and only the Chinese people can decide it,” the statement added.

The White House also did not provide further details about when Xi or Chinese officials conveyed to Trump that military action on Taiwan was off the table for the duration of the Republican’s presidency.

The 60 Minutes interview was Trump’s first appearance on the show since he settled a lawsuit this summer with CBS News over its interview with then-Vice-President Kamala Harris. Trump alleged that the interview had been deceptively edited to benefit the Democratic Party before the 2024 presidential election. Trump initially sought $10bn in damages, later raising the claim to $20bn.

The United States and China have declared a truce in the trade war launched by US President Donald Trump in April, argues Evan Medeiros, former US National Security Council director for China.

Medeiros tells host Steve Clemons that the deal reached between Chinese President Xi Jinping and Trump resolves the urgent trade issues between the two sides – tariff rates, soya beans and rare earth minerals – but China “remains committed to ensuring that Russia doesn’t lose” in Ukraine.

The US has more than 200,000 soldiers surrounding China, Medeiros adds, but Washington knows that “nobody wants to choose between the US and China.”

All eyes are on Beijing as the Communist Party of China (CPC) convenes to outline the next five years. These meetings take place amidst heightened trade tensions with Washington and mounting domestic challenges. This fourth plenary session of the CPC Central Committee, known as the “Fourth Plenum,” is a pivotal political event in the country, shaping future policies. The four-day closed-door meeting aims to finalize China’s new Five-Year Plan for 2026-2030, an economic and political roadmap outlining the priorities of the world’s second-largest economy for the coming years. Approximately 370 members of the Central Committee, led by “Xi Jinping,” are participating in the meeting, with expectations of changes in some leadership positions, although details of these changes may not be revealed for several days or weeks. The full details of the plan are expected to be announced during the annual session of the National People’s Congress in March 2026.  Perhaps the most important things for the Chinese leadership at the moment are stability, legitimacy, and continued support. Therefore, it is crucial that they demonstrate their ability to improve the quality of life, as this is the cornerstone of their legitimacy in the eyes of the Chinese people.

 Many objectives of the 14th Five-Year Plan (2021-2025) have come to fruition. The assessment of the key economic and social development achievements under the 14th Five-Year Plan, according to my view, is very positive, especially since they have global impacts in many aspects, such as economic growth, new quality productive forces, high-level opening-up, green transition, technological innovation, international cooperation, cultural and academic exchange, etc.

  As China’s 14th Five-Year Plan period (2021-2025) draws to a close, the country has achieved a number of notable accomplishments, including fostering a resilient economy and making tangible strides in technology, manufacturing, economic reform, sustainability, and innovation. The country’s strategic plan has supported the country’s high-quality development, contributing to national progress across various sectors in China. China’s five-year plans are strategic guidance documents that chart the country’s development path over five years and form the overall framework for national planning. China will continue its 15th five-year plan in its opening-up and reform process to achieve more balanced and comprehensive development.

 China’s 15th Five-Year Plan will cover the period from 2026 to 2030. Planning began in December 2023. The plan aims to achieve General Secretary Xi Jinping’s goal of doubling the size of the economy between 2020 and 2035. The recommendations of the 14th Five-Year Plan (2021-2025) outlined several actionable plans and programs for the national economic and social development of the People’s Republic of China. These plans focus on innovation-driven growth, low-carbon development, and urban-rural integration while deepening social inclusion and addressing the problem of population aging.

 The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China (CPC) was held in Beijing from October 20 to 23, 2025. A total of 168 members and 147 alternate members of the Central Committee attended the plenary session. Members of the Standing Committee of the Central Commission for Discipline Inspection and responsible comrades from relevant departments attended as observers. Some comrades from grassroots units and a number of experts and scholars who were delegates to the 20th CPC National Congress also attended as observers. The plenary session was presided over by the Political Bureau of the Central Committee, and “Xi Jinping”, General Secretary of the Central Committee, delivered an important speech. The plenary session heard and discussed a work report delivered by Chinese President “Xi Jinping”, in his capacity as General Secretary of the CPC, commissioned by the Political Bureau of the Central Committee, and approved, after consideration, the “Proposals of the CPC Central Committee on Compiling the 15th Five-Year Plan for National Economic and Social Development.” President Xi Jinping made explanations to the plenary session on the draft of the “Proposals.”

 The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China will be held from October 20 to 23, 2025, to discuss proposals for formulating the 15th Five-Year Plan for China’s Economic and Social Development. China has achieved significant achievements during the 14th Five-Year Plan, both domestically and internationally. In the new plan, it will continue its pursuit of high-quality development and strengthen international cooperation to achieve a more prosperous shared future.

The 14th Five-Year Plan focuses on achieving high-quality development, encompassing key areas such as scientific and technological innovation, the green economy, improving living standards, and balanced regional development. China’s achievements during this period were not limited to domestic matters but rather extended their impact to the entire world.

  This year, 2025, marks the conclusion of the implementation of China’s 14th Five-Year Plan (2021-2025). Chinese authorities recently reviewed the most significant achievements made during this period, a development that received widespread attention from the international community. China’s achievements in innovation during the 14th Five-Year Plan represent a global model of scientific and technological self-reliance. Not only did it increase spending on research and development, but it also succeeded in transforming knowledge into a sustainable, productive, and economic force. This reflects a strategic vision that has made China a leader in the fields of artificial intelligence, clean energy, advanced manufacturing, and modern communications. Giant Chinese companies, such as Huawei, Alibaba, Xiaomi, and BYD, have become symbols of this transformation. They have not only succeeded in building global brands but also established integrated innovation systems that blend scientific research with practical application.

 China’s five-year plans have always been an effective tool for driving progress across all sectors. According to my analysis as an Egyptian expert on Chinese politics and the policies of the ruling Communist Party of China, China’s 14th Five-Year Plan is described as “diverse, innovative, and open.” I expect China’s upcoming 15th Five-Year Plan to continue prioritizing technological innovation, artificial intelligence, social welfare, scientific research, the digital economy, and carbon reduction. China’s development model is unique, with its sole goal of ensuring the prosperity of the Chinese people, under the motto “from the people, for the people.” Taking effective measures and prioritizing the protection and improvement of citizens’ livelihoods have been key factors behind China’s rapid development. This Chinese development model has become an inspiring example by transforming human capital into an engine of growth.

  Based on the previous analysis, perhaps what most caught my attention during China’s 14th Five-Year Plan is the significant Chinese focus on the innovation sector at the forefront. Over the past five years, the country’s total investment in research and development (R&D) has reached record levels. By 2024, China’s R&D spending will have increased by about 50 percent, or 1.2 trillion yuan, since the end of the 13th Five-Year Plan period (2016-2020), according to China’s National Development and Reform Commission.

Stumped for holiday present ideas? Food gifts have universal appeal: These are fun and practical at once. And even more meaningful because they’re from local small businesses including L.A. restaurants, bakeries, farms, markets and makers.

Who’s on your gift list? A chocolate lover? A Caracas-born chef in Pasadena makes her own hot chocolate mix from Venezuelan Criollo cacao. Coffee fan? East L.A.’s Picaresca Barra de Cafe roasts coffee beans and bottles its cinnamon-scented cafe de olla syrup. Tea aficionado? A Chinatown tea shop offers subscription boxes of thoughtful blends from China and Taiwan; some are rare finds.

And any farmers market regular would want to sport the Weiser Family Farm collab T-shirt emblazoned with a pink radish or Bonnie melon.

If you make a purchase using some of our links, the L.A. Times may be compensated. Prices and availability of items and experiences in the Gift Guide and on latimes.com are subject to change.

Marilyn Hubalde recalls the fear of local residents in Batanes, Philippines, when they first heard military helicopters during joint exercises with U. S. troops in April 2023. Hubalde’s helper even hid in the woods, thinking war had begun. The military drills, part of increased U. S.-Philippines cooperation, involve airlifting anti-ship missile launchers to the islands, marking a significant shift for the once-peaceful province.

Situated near Taiwan, Batanes is now seen as a frontline region in the competition between the U. S. and China for influence in Asia. The province is close to the Bashi Channel, an important shipping route between the Philippines and Taiwan, which connects the South China Sea to the Western Pacific. The recent exercises highlighted how both countries plan to use ground-based missiles to prevent Chinese naval access in potential conflicts.

Experts emphasize that denying Chinese control of the Bashi Channel is crucial, as it could decide the outcome of any conflict. Retired military officials state that controlling the northern Philippines is essential for any Chinese invasion of Taiwan, which China claims as its territory. President Xi Jinping has stated that China may use force to assert control over Taiwan, a position Taiwan’s government rejects, insisting that its future is for its people to determine.

China’s foreign ministry has warned the Philippines against involving external forces and escalating tensions in the South China Sea, calling Taiwan an internal issue that should not involve outside interference. The Pentagon and Taiwan’s defense ministry did not provide comments on these developments.

Using the ‘First Island Chain’

American military deployments in Batanes are part of a broader Pentagon strategy focused on using the Philippines’ geographic position to deter or counter Chinese military actions towards Taiwan and other areas in the South China Sea. The Philippines, consisting of over 7,600 islands and vital maritime chokepoints, is essential to the “First Island Chain,” which comprises territories controlled by U. S. allies, forming a barrier against China’s expanding navy. Rear Admiral Roy Trinidad of the Philippine Navy stated that the archipelago serves as a crucial gateway between the South China Sea and the Pacific Ocean.

The U. S. aims to ensure this gateway remains secure, despite uncertainties about American security commitments under President Donald Trump. Efforts have intensified since President Joe Biden took office to strengthen defense collaboration with the Philippines. Recent reports indicate an evolving and permanent U. S. military presence in the country, characterized by joint exercises and ongoing training, reversing an earlier period after the U. S. left its military base at Subic Bay in 1992.

In a meeting between Philippine Armed Forces chief General Romeo Brawner and U. S. Indo-Pacific Command head Admiral Samuel Paparo, the two sides agreed to more than 500 joint engagements for 2026, covering various military activities. U. S. Secretary of Defense Pete Hegseth highlighted a focus on enhancing capabilities to counter Chinese aggression in the First Island Chain, noting that training activities with the Philippines are increasing in scale and duration.

The cooperation under President Ferdinand Marcos Jr. is vital for containing Chinese forces, especially in a potential conflict scenario. Marcos has stated that should war arise over Taiwan, the Philippines would be inevitably involved, while also emphasizing the desire to avoid conflict. The Philippine defense ministry expressed confidence in the commitments made by the Trump administration.

China’s recent military movements demonstrate the importance of the Bashi Channel for its Pacific strategies. The region has seen enhanced Chinese naval activity, including exercises near Japan, which highlight its ambitions. In response to Chinese “gray-zone” warfare aimed at the Philippines, which involves intimidation tactics against Philippine vessels, the military has reported unauthorized incursions by Chinese ships into Philippine waters. The defense ministry asserts that these actions challenge international law and reflect China’s desire to reshape the global order. China’s foreign ministry did not provide responses regarding these tactics.

War Jitters in Batanes

Communities near key military passages in the archipelago feel vulnerable due to preparations for conflict. In Batanes, residents, like Hubalde, rushed to buy essential supplies like rice, oil, sugar, and milk when military exercises began. The islands heavily depend on regular shipments from the mainland for food, fuel, and medical supplies.

Provincial Governor Ronald “Jun” Aguto Jr. said that the community has adapted to the military presence, which initially caused alarm and panic buying. Aguto is now focused on updating the provincial contingency plan to prepare for a potential influx of overseas Filipino workers (OFWs) from Taiwan during a conflict. There are around 200,000 Filipinos living in Taiwan. He mentioned that Batanes could be used as a launch pad for bringing these workers home, but the islands can support only 20,000 people, requiring a plan to transfer them to the mainland for better sustainability.

The military is developing a rescue plan, according to Commodore Edward Ike De Sagon, the retiring Philippine Navy commander for Northern Luzon. He emphasized that the military is preparing for various scenarios, including handling large numbers of returning workers and possible refugees from Taiwan. The Philippine military has noted Batanes’ strategic location as a potential logistical hub for evacuations and humanitarian responses.

Concerns about being caught in conflict have intensified, especially if China were to attack Taiwan, with fears that Batanes could be targeted. Past military exercises have indicated preparations for potential fighting in the region. Retired politician Florencio Abad urged Manila authorities to reassure the local population regarding plans for managing the impact of conflict, expressing fears about survival in such a scenario. He highlighted the lack of clear communication from the government about evacuating workers from Taiwan or plans for potential refugees. The Philippine defense ministry stated that it is working on contingency and repatriation plans but did not provide details.

Missiles ‘Designed to Close a Strait’

Locals are concerned about potential conflict as the U. S. and the Philippines conduct annual military drills named Balikatan, which includes the deployment of U. S. Marines and new missile systems. The U. S. brought the NMESIS ground-based anti-ship missile launcher to Batanes, capable of launching the Naval Strike Missile with a range over 300 kilometers. This missile can target hostile warships in the Bashi Channel, providing “sea denial capability,” which is crucial for controlling access to this strait.

In late May, more drills occurred with the NMESIS system moved secretly into position for simulated strikes while U. S. and Philippine marines practiced key area operations. Not long after the NMESIS was deployed, China’s aircraft carrier Shandong entered the Western Pacific through the Bashi Channel for military exercises, spotlighting the strategic importance of this maritime route. China also deployed its other carrier, the Liaoning, similarly entering from the Miyako Strait, as both aimed to enhance their naval capabilities. Japan’s military anticipates that in a conflict, it would prevent Chinese access through certain straits, making the Bashi Channel vital for China.

The Philippine military described China’s naval activities as part of aggressive and illegal regional tactics. Meanwhile, the U. S. Army deployed Typhon launchers in Luzon, armed with powerful anti-ship missiles, which can hit targets deep into China, even as Manila expressed a willingness for further deployments despite Chinese objections.

China condemned the U. S. and Philippines’ military exercises and deployment of offensive weapons as destabilizing. The Philippine military clarified that these missile systems are for training and deterrence, not aimed specifically at any country, and operational security prevents them from confirming the locations of such systems. The military maintained that the presence of these missiles during exercises was temporary and not intended to close any maritime routes like the Bashi Channel.

If China doesn’t like it, ‘we’re doing it right’

Senior Philippine defense officials believe that China’s negative reaction indicates it sees the new anti-ship missiles as a significant threat. Retired Admiral Ong noted that disapproval from China means the Philippines is on the right track. The Philippine military recently acquired BrahMos supersonic anti-ship missiles from India, intended to give ground forces the ability to strike Chinese vessels and land targets while staying hidden. This approach helps avoid the vulnerability of fixed military bases to Chinese attacks.

Joint military exercises with the U. S., Japan, and Australia are being conducted to prepare for potential blockades in key maritime routes in the Philippines, such as the Mindoro Strait and the Balabac Strait. The Marcos administration has also allowed the U. S. access to four new military sites in northern Luzon, expanding military cooperation.

U. S. Secretary of State Marco Rubio confirmed America’s defense commitments to the Philippines shortly after President Trump took office and exempted funds for Philippine security force modernization from an overseas aid freeze. Despite increased military activity, Batanes Governor Aguto believes China is unlikely to attack, as it would escalate into a larger conflict.

However, local residents, like store owner Marilyn Hubalde, are preparing for possible disruptions to their supply chains. They are considering the need to grow their own food should conflict arise, emphasizing the importance of self-sufficiency in uncertain times.

With information from Reuters

Relations between Egypt and China have proven their ability to keep pace with international and regional transformations. China is one of Egypt’s major trading partners, with annual trade volume exceeding billions of dollars. Recent years have witnessed an increase in Chinese investments in Egypt, particularly in the fields of infrastructure, industry, and energy, with a focus on mega-projects such as the New Administrative Capital and the Economic and Trade Cooperation Zone in the Suez Canal Corridor, among others. The two countries also pursue compatible policies in terms of working for peace throughout the world and advocating for the establishment of a multipolar system.

  We find that Chinese investments in Egypt play a significant role in many areas, most notably technology transfer to Egypt, particularly in sectors where China excels, such as renewable energy, the electric car industry, and all types of appliances. Chinese investments in Egypt also provide significant job opportunities and help Egypt implement its import substitution strategy by producing more products that help reduce Egypt’s import bill with Chinese assistance and support. As of May 2025, the number of Chinese companies operating in Egypt reached approximately 2,800, with total investments exceeding $8 billion. These Chinese investments are characterized by their diversity and geographical spread in Egypt, from the Suez Canal to the New Administrative Capital.  Cooperation between Egypt and China has extended to the fields of technology and artificial intelligence, with Chinese companies present in the Egyptian market, such as Huawei, Xiaomi, and ZTE. A $300 million investment fund has been established with the Tsinghua University of Artificial Intelligence and Semiconductor Technology, in addition to fiber optics and outsourcing projects.

Chinese projects contribute significantly to Egypt’s domestic growth by attracting billions of dollars in Chinese investments in various sectors, such as industry, construction, and infrastructure, along with technology transfer and industrial localization. Chinese companies in Egypt are also working to establish industrial complexes and develop mega projects, such as the iconic tower in the New Administrative Capital, and establish industrial zones in the Suez Canal and Ain Sokhna regions, contributing to job creation and added value for the Egyptian economy. Chinese development projects also contribute to the development of energy and electricity infrastructure, the training of Egyptian personnel, and the export of products to African and European markets. The win-win principle that governs the Chinese model of international dealings is a principle that suits Egypt, its leadership, and its people.

 The most prominent contributions of Chinese projects to Egypt’s domestic growth are attracting Chinese investments to Egypt, which amount to billions of dollars. China also contributes to localizing industries and transferring technology to Egypt, where technology and knowledge are transferred from China to Egypt, in addition to establishing Chinese factories to produce various products, such as automobiles, steel, textiles, and others. China also plays a significant role in developing Egypt’s infrastructure, with Chinese companies contributing to the construction of major infrastructure projects, such as the development of power plants and the expansion of their distribution networks, as well as the construction of modern roads and towers. Chinese projects in Cairo thus create job opportunities and provide significant export opportunities, as these Chinese projects provide thousands of job opportunities for Egyptian workers. Egypt is a strategic gateway for China to export its products to Africa and Europe, thanks to its distinguished strategic geographic location. In addition, China plays a significant role in developing Egypt’s economic sectors, as these Chinese projects focus on vital sectors such as industry, construction, tourism, advanced technology, and manufacturing, which supports overall economic growth in Egypt.  This enhances Egypt’s benefits from China’s Belt and Road Initiative, as Egypt’s accession to the Belt and Road Initiative enhances economic cooperation with China and facilitates the flow of Chinese investments into Egypt.

Chinese investments in Egypt received a significant boost under President “Abdel Fattah El-Sisi”. Egypt became an active member of China’s Belt and Road Initiative, and Egypt joined the BRICS bloc and the New Development Bank. Chinese projects have subsequently become important, yielding positive returns and impacting Egyptian citizens. The most prominent of these are major Chinese projects in Cairo, such as the financial and business district in the New Administrative Capital, the electric train, renewable energy projects, and textile factories, among others. These are all Chinese projects that Egyptian citizens are already aware of and following. These Chinese investments in Egypt create new job opportunities and open the door for Chinese products to enter African and Arab markets, benefiting both sides.

 Egyptian-Chinese cooperation is an ideal model for cooperation between the Global South, and Southern issues have been a major focus of the political leadership of both Egypt and China. Chinese and Egyptian Presidents Xi Jinping and Abdel Fattah El-Sisi have repeatedly emphasized the importance of solidarity among the countries of the South to confront common challenges. Egypt’s accession to the BRICS grouping, and previously to the Shanghai Cooperation Organization, as a partner country reflects its commitment to expressing the views of the countries of the South and promoting their interests. Meanwhile, China has presented its own vision on the issues of the South, evident in the numerous initiatives and ideas it has put forward, including the Belt and Road Initiative, the Global Development Initiative, and Global Governance, all of which are closely linked to the development goals of the countries of the South. This is also reflected in the vision of Chinese President Xi Jinping for “building a community with a shared future for humanity.”

 China’s cooperation with Egypt reflects a new Chinese vision for South-South cooperation, based on equality and non-interference. It reflects Beijing’s commitment to advancing cooperation toward strategic horizons that transcend traditional interests and build alliances capable of influencing the future of the international system. Egypt’s strong support and backing of President “Abdel Fattah El-Sisi” for the Global Governance Initiative launched by Chinese President “Xi Jinping” in early September 2025, with the aim of enhancing joint global cooperation to increase capacity to address common challenges and narrow the development gap between the countries of the North and the South, complements China’s and Egypt’s categorical rejection of the (Cold War mentality, protectionism, unipolarity, and hegemonic policies) pursued by the United States toward the world. 

 China’s massive military parade marking the 80th anniversary of the end of World War II demonstrated Egypt’s strong support for China’s strength and its determination to maintain peace and development in the world. The 2025 Shanghai Cooperation Organization (SCO) Summit, held in Tianjin, China, also highlighted the strong political will of China and its ruling Communist Party to contribute to reforming and improving the global governance system. The Tianjin Summit is the largest, most fruitful, and most successful summit in the history of the SCO to date. Through it, China and President “Xi Jinping” championed the principles of global governance, adhering to mutual benefit and win-win outcomes, openness and inclusiveness, justice and fairness, and pragmatism and efficiency in order to achieve justice and advance policies of cooperation among developing countries of the Global South in the face of American and Western hegemonic policies. 

 This year marks the 80th anniversary of the founding of the United Nations, a matter of particular interest to political circles in Egypt and China, as they play an increasing role in maintaining world peace and promoting international justice. In this context, Egypt and China have achieved fruitful results in comprehensive cooperation and advancing cooperation within the developing global South. Currently, the Egyptian and Chinese sides are working jointly to advance and ensure the success of China’s Global Governance Initiative, which will deliver tangible benefits to the two peoples and to the peoples of the region. This will make Sino-Egyptian relations a model for building a “community of shared destiny, mutual benefit, and shared prosperity,” in accordance with the vision of Chinese President Xi Jinping.

   Accordingly, we understand that the Chinese partnership with Egypt embodies the principles of global governance. The convergence between China’s Belt and Road Initiative and Egypt’s Vision 2030 enhances opportunities for development cooperation between the two parties and confirms the two countries’ commitment to dialogue and consultation and the rejection of hegemony and interference, in line with the principles of global governance. This, in particular, reinforces the principle of the rule of international law within the United Nations and in all international forums in order to support developing countries of the Global South, far removed from the policies of exclusion, hegemony, and the Cold War mentality that Washington currently pursues in its dealings with the world.

China and the United States have agreed to ease their trade war – for now.

There have been concessions from both, with some of the most painful measures put on hold for a year.

So, what tactics did each side use in the battle between the world’s two biggest economies? Will they work? And what’s the longer-term outlook: agreement, or more trouble ahead?

Presenter: Nick Clark

Guests:

Andy Mok – Senior Research Fellow at the Center for China and Globalization think tank in Beijing

Neil Thomas – Fellow on Chinese Politics at the Asia Society Policy Institute’s Center for China Analysis in Washington, DC

William Lee – Chief Economist at the Milken Institute in Los Angeles

Relations nosedived in 2018 after Canada arrested a senior Huawei executive and have remained rocky ever since.

The leaders of China and Canada have taken a step towards mending the long-fractured ties between their countries with a meeting in South Korea during the Asia-Pacific Economic Summit.

Chinese President Xi Jinping and Canadian Prime Minister Mark Carney met on Friday and called for improving ties in a pragmatic and constructive manner, according to both sides.

“The leaders agreed that their meeting marked a turning point in the bilateral relationship,” a Canadian statement said.

Xi was quoted as saying that relations are showing signs of recovery, thanks to the joint efforts of both sides.

“We are willing to work together with Canada to take this meeting as an opportunity to promote the return of bilateral relations to a healthy, stable and sustainable track as soon as possible,” Xi said, according to an official report distributed by China’s state media.

Carney, who became prime minister in March, accepted an invitation from Xi to visit China, the Canadian statement said, without specifying any date.

Carney also later told reporters he was “very pleased” with the outcome.

“We now have a turning point in the relationship, a turning point that creates opportunities for Canadian families, for Canadian businesses and Canadian workers, and also creates a path to address current issues,” he said.

“The meeting signals a change in tone and an openness to relations at the highest levels, but this is not a return to strategic partnership,” said Vina Nadjibulla, vice president of the Asia Pacific Foundation of Canada. “Canada needs to proceed with caution because there’s nothing to suggest the Chinese Communist Party’s actions have changed since the prime minister named China as a foreign security threat.”

She said Carney should keep talking with Chinese leaders but stay mindful of China’s threats to Canada’s security interests, including its efforts to play a greater role in Arctic affairs.

Shaky relations

Relations took a nosedive in late 2018 after Canadian authorities arrested a senior executive of Chinese tech giant Huawei as part of its extradition agreement with the United States. China then arrested two Canadian citizens and charged them with espionage.

Ties did not improve much even after the 2021 release of the two Canadians, Michael Kovrig and Michael Spavor, and the Chinese executive, Meng Wanzhou, who is the daughter of Huawei’s founder.

More recently, relations have been shaken by Canada’s decision to levy a 100 percent tariff on electric vehicles (EVs) from China in 2024 and a 25 percent tariff on steel and aluminium. China retaliated with its own steep tariffs on canola, seafood and pork, and has offered to remove some of those import taxes if Canada drops the EV tariff.

Canada made the move last in tandem with the US.

The Canadian statement said that both leaders directed their officials to move quickly to resolve trade issues and irritants and discussed solutions for specific products such as EVs, canola and seafood.

Xi called for expanding “pragmatic” cooperation in areas such as the economy, trade and energy. Both Canada and China have been hit by tariffs imposed by US President Donald Trump.

The attempt at rapprochement comes as Carney looks to diversify Canada’s trade away from the US and as Trump says he plans to raise tariffs on imports of Canadian goods by an extra 10 percent. Canada’s free trade agreement with the US is up for review.

Earlier on Friday, Carney told a business event that the world of rules-based liberalised trade and investment had passed, adding that Canada aimed to double its non-US exports over the next decade.

Nadjibulla said China should not be viewed as the solution to Canada’s issues with the US, however.

“We should not diversify away from the US and go deeper into China,” she said. “Canada’s overdependence on both the US and China has been shown to be a vulnerability we cannot afford.”

Dutch chipmaker Nexperia has suspended wafer shipments to its Chinese assembly plant in Dongguan, a move that could intensify the semiconductor supply crunch already rattling automakers worldwide.

The suspension, revealed in a company letter dated October 29 and signed by interim CEO Stefan Tilger, followed the Chinese unit’s failure to meet contractual payment terms. It comes amid escalating tensions after the Dutch government seized control of Nexperia from its Chinese owner, Wingtech Technology, in late September, citing national security and governance concerns.

Why It Matters

The halt threatens to disrupt automotive and electronics supply chains at a critical time. Around 70% of Nexperia’s chips produced in the Netherlands are packaged in China, meaning the freeze could ripple through global manufacturing networks.

The dispute also underscores the deepening fractures in global tech supply chains, where national security concerns and trade controls increasingly shape corporate decisions. With the U.S., China, and Europe tightening technology restrictions, Nexperia’s situation reflects the mounting geopolitical tug-of-war over semiconductor control.

Nexperia (Netherlands): Seeking to maintain operations while asserting independence from Chinese influence.

Wingtech Technology (China): The former owner now sidelined after Dutch government intervention.

Dutch Government: Exercising sovereignty over critical tech assets amid Western security coordination.

Chinese Ministry of Commerce: Blocking Nexperia’s chip exports from China in retaliation.

Global Automakers: Companies like Stellantis and Nissan are monitoring potential production halts as chip prices soar.

What’s Next

Nexperia says it is developing alternative supply routes to support its global customers but has not disclosed details. The Dongguan facility remains operational, though limited by the wafer cutoff.

Analysts expect further trade retaliation from Beijing, potentially deepening the rift between European and Chinese semiconductor ecosystems. Automakers warn of possible shortages by mid-November if shipments do not resume.

Implications

This episode highlights how state intervention in technology firms is reshaping global supply chains. The Dutch government’s takeover framed as a national security move signals Europe’s growing alignment with U.S. export controls targeting Chinese tech entities.

In the short term, the halt could spike chip prices and strain automotive production, particularly in Asia and Europe. Long term, it may accelerate a strategic decoupling between Western and Chinese semiconductor manufacturing bases.

Politically, this marks a test of Europe’s resolve to protect critical tech sectors even at the cost of trade friction with Beijing.

With information from an exclusive Reuters report.