EquitiesBrief
Xi Jinping on U.S.-China Relations
China
Chinese President Xi Jinping has expressed a belief that the United States and China can avoid the Thucydides Trap, a theory suggesting that a rising power and an established power are destined for conflict. The sentiment follows a direct inquiry made by Xi to President Donald Trump in May regarding the potential for the two nations to avoid destructive rivalry. The shift in tone suggests a move toward managing competition rather than accepting inevitable confrontation. Monitor future diplomatic engagements and trade policy developments for signs of sustained cooperation.
Source: CNBC Markets
Read full story →