In the span of just a few days, another billionaire has emerged from a Chinese chipmaker, following a familiar playbook: learn from an industry giant, strike out alone and push through fraught US-China geopolitics.Read more: https://t.co/PTXci6GOuI📷️: MetaX Integrated Circuits Shanghai Co. ...

In the span of just a few days, another billionaire is close to emerging from a Chinese chipmaker, following a familiar playbook: learn from an industry giant, strike out alone and push through fraught US-China geopolitics https://t.co/vK6kVz0R8L ...

The yuan is inching close the a key psychological level of 7 per dollar reflecting optimism over improved US-China relations but the gradual appreciation shows Beijing is tightly managing its gains https://t.co/yrQ8ZXrq4p ...

I've got some breaking news I want to get to Aean Jabvers. It's regarding the White House and I've seen these uh headlines move. Tell us uh tell our viewers what they are.Aean. >> Yeah, Scott. President Trump says he's going to Beijing in April.This coming in a social media post just a couple of moments ago. The president giving a readout of his call with Xiinping of China earlier today. We saw both sides confirm the call this morning.But now, President Trump is saying uh some of the details of what they di ...

RT Bloomberg New Economy (@BBGNewEconomy)How has China's dealing with the US changed since the first Trump administration? "I think now China is much better prepared compared with Trump 1.0." @SCMPNews' Tammy Tam #BloombergNewEconomy⏯️ https://t.co/J5lCJTamOX https://t.co/H2K4iM1KUm ...

Core Viewpoint - The U.S. government is accusing Alibaba of providing technological support to the Chinese military for operations targeting the United States [1] Group 1 - The accusation comes from a report by the Financial Times, highlighting concerns over Alibaba's role in military operations [1]

Summary of Key Points from the Citi 2025 China Conference Industry and Company Involvement - **Industry**: US-China relations, International Trade, AI Governance, De-globalization - **Company**: Citigroup Global Markets Inc. Core Insights and Arguments 1. **US-China Trade Deal**: The recent US-China deal is viewed as a partial rollback of trade actions, with uncertainty surrounding its implementation. The US's share in China's trade has significantly declined, influencing China's strategic approach [5][6][8] 2. **China's External Environment**: There is an observed improvement in China's external environment, with countries balancing economic reliance on China against security reliance on the US. The geopolitical landscape has shifted towards a dual-polar status between the US and China [6][8] 3. **Diplomatic Focus Shift**: China's diplomatic focus has shifted from major powers to regional countries, indicating a change in priorities in international relations [6][8] 4. **AI Governance Collaboration**: AI governance is identified as a critical area for US-China collaboration, with the need for global rules on AI production due to its potential impact [7][8] 5. **De-globalization Trend**: The trend of de-globalization is expected to persist, with rising protectionism and market fragmentation. The global economy is moving towards the establishment of product-specific clubs rather than geographic clusters [8][9] 6. **Global Overcapacity Issues**: Overcapacity is highlighted as a significant global issue, leading to economic tensions and competition for markets. An OPEC-style mechanism is suggested as a potential solution for global pricing amid production competition [9][8] Additional Important Insights 1. **Sustainability of US-China Truce**: The sustainability of the US-China truce is uncertain, with potential piecemeal implementation and possible violations [5][6] 2. **Rare Earth Trade Dynamics**: The decline of the US's share in China's trade to below 10% is noted as a significant factor in the current trade dynamics, particularly concerning rare earth materials [5][6] 3. **Long-term Relationship Outlook**: Competition is deemed more likely than cooperation in the medium-to-long-term bilateral relationship between the US and China [5][6] This summary encapsulates the key takeaways from the Citi 2025 China Conference, focusing on the evolving dynamics of US-China relations and the implications for global trade and governance.

Core Insights - China's factory activity has experienced its longest decline in over nine years, with the official manufacturing purchasing managers' index dropping to 49 in October, indicating a significant contraction in activity just before a leaders' meeting aimed at stabilizing US-China relations [1][2] - The decline in new orders was the most substantial since 2023, attributed to trade barriers and weak domestic sentiment, highlighting the need for policy support to address economic weaknesses [1][2] Economic Indicators - The output sub-index fell below the critical 50 mark for the first time since April, signaling a contraction in manufacturing output, while the new export order sub-index recorded its worst performance since the imposition of tariffs [4] - The non-manufacturing measure in construction and services slightly increased to 50.1, suggesting that the services sector may have benefited from the National Day holidays, contrasting with the manufacturing sector's struggles [6] Policy and Market Reactions - Economists suggest that despite the weak data, additional stimulus measures in the fourth quarter appear unlikely due to an improving external environment and progress towards growth targets, reducing the urgency for further easing [5] - Some Chinese exporters expressed cautious optimism regarding the recent trade deal with the US, which may boost orders, although they remain wary of relying solely on access to the US market due to past experiences with trade tensions [6]

🚨 LIVE NOW: Donald Trump rated his meeting with Xi Jinping a 12 out of 10 — but what does that mean for US-China relations and global markets?Ask your questions here: https://t.co/DT9Qro5Nmi https://t.co/iCvKQm4tTP ...

US-China Relations - The market is closely watching the implications of Donald Trump's meeting with Xi Jinping for US-China relations [1] Market Outlook - The market is anticipating potential impacts on global markets following the meeting [1] Event Announcement - Bloomberg is hosting a Live Q&A session on October 31 at 10:30 a.m HKT to discuss the meeting's implications [1]