Vitol bought at least 25 million barrels of Iraqi crude in September, according to two sources. The world’s largest oil trader is using its global shipping and logistics network to help Iraq export oil stranded by the US-Iran war.
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ReutersOriginal★★★☆☆2026-09-24 20:35
Insurance for oil tankers loading at Saudi Arabia’s main Red Sea port has tripled in recent weeks, industry sources told Reuters, deepening the major crude producer’s difficulty in finding a viable route for its exports.
RReutersOriginal★★★★☆2026-09-24 18:40
Donald Trump gave Xi Jinping an unusually deferential White House welcome, including a red carpet and a rare trip to greet him at the plane. The article contrasts that treatment with Trump’s ban on CNN, MS NOW and Politico reporters, arguing that the spectacle suggested an aspiration to make the US more like China.
TThe GuardianOriginal★★★★☆2026-09-24 18:30
Donald Trump and Xi Jinping discussed trade tensions, technology and artificial intelligence risks at the White House, while both leaders stressed the potential for broader cooperation. Xi’s trip is the first visit by a Chinese president to Washington in more than a decade.
U.S. President Donald Trump said his White House talks with Chinese leader Xi Jinping went very well. After the meeting, the two leaders appeared on the South Lawn, where Trump described it as a great meeting.
During his visit to the United States, Chinese President Xi Jinping expressed hope that Washington would oppose Taiwan’s independence, Xinhua reported. He also said the United States should exercise caution on the Taiwan issue.
Chinese President Xi Jinping begins a highly anticipated state visit to the United States, with thorny issues dominating talks. Xi says the two countries shoulder a “historic responsibility.”
Donald Trump and Xi Jinping met in Washington as the United States and China extended their trade truce. Analysts disagree over whether the move is mainly political theatre or a useful interim step, but rivalry over AI, rare-earth metals, Taiwan and sanctions remains unresolved, making the pause fragile.
At a White House arrival ceremony, Xi Jinping said he was ready to work with Donald Trump to maintain friendship, expand cooperation and keep China-U.S. relations on a steady path. He called for communication, peaceful coexistence, bounded competition and stronger cooperation on AI, law enforcement, counternarcotics and travel, while urging regular military dialogue and crisis-prevention mechanisms.
Chinese President Xi Jinping said China will send giant pandas Ping Ping and Fu Shuang to Zoo Atlanta as a symbol of friendship between the Chinese and American peoples. He announced their planned arrival at the White House before talks with US President Donald Trump.
At the White House, Xi Jinping called for candid, in-depth and continued dialogue to deepen cooperation between China and the United States. Trump said decisions from talks on security, technology and “superintelligence” could shape global stability for decades.
Technology CEOs were given prominent seats at the state dinner during the US-China summit, the latest example of business leaders gaining a place at the diplomatic table.
At the White House, Xi Jinping urged extensive cooperation and regular military dialogue with Washington to prevent the “Thucydides trap” and steer the US-China relationship away from conflict. He also invited 100,000 young Americans to visit China for student exchanges amid intense rivalry over AI and trade.
President Donald Trump praised the “truly great friendship” he says he has developed with Xi Jinping as the Chinese leader began his highly anticipated state visit.
Donald Trump welcomed Chinese President Xi Jinping to the White House for a high-profile summit focused on US-China relations. It marks Xi’s first visit to Washington in more than a decade, as both countries seek stability despite deep strategic and economic differences.
Henrietta Levin of the Center for Strategic and International Studies warns that President Trump’s highly personalized approach to Xi Jinping could give Beijing opportunities to exploit. Xi sees the United States instead as an adversary to be managed while China pursues domestic priorities and strategic goals in Asia, including Taiwan.
Donald Trump says he shares a “truly great friendship” with Chinese President Xi Jinping as they enter a high-stakes summit in Washington. A judge has also ordered the White House to restore access for CNN, MS NOW and Politico, while senators prepare to question the FDA nominee.
US President Donald Trump welcomed Chinese leader Xi Jinping to the White House for talks intended to keep relations between the world’s two largest economies on track amid tensions over artificial intelligence and trade.
Donald Trump welcomed Xi Jinping at the White House for a high-stakes state visit. The leaders are scheduled to spend Thursday in meetings and attend a state dinner.
US President Donald Trump said he does not expect his summit with Chinese President Xi Jinping to produce any moves toward putting guardrails around artificial intelligence.
U.S. President Donald Trump said artificial intelligence will be a major topic when he meets Chinese President Xi Jinping on Thursday, while adding that both leaders want to keep things as they are.
US President Donald Trump will welcome Chinese leader Xi Jinping at the White House on Thursday for a day of elaborate ceremony. Trump greeted Xi personally on the tarmac after his arrival Wednesday, marking the first such welcome by a US president at Joint Base Andrews near Washington in more than six decades. The gesture has angered members of both parties.
US President Donald Trump is giving Chinese President Xi Jinping a lavish welcome ahead of their Thursday summit in Washington. But could Xi be overconfident in believing that the future belongs to Beijing? FRANCE 24’s Yinka Oyetade discusses the question with Rex Li of King’s College London.
Donald Trump and Xi Jinping agreed to extend a trade truce until early 2027. Tensions over rare earths, technology restrictions and Taiwan remain, but neither leader is ready to disrupt relations between the world’s two largest economies.
The Trump-Xi summit is reducing the geopolitical discount attached to China’s dollar credit and reviving appetite for overseas risk, Bloomberg Intelligence says.
Xi Jinping’s first visit to the White House in more than a decade takes place as the United States and China remain at odds over trade, artificial intelligence and Taiwan, with the war in Iran also shaping the talks.
US President Donald Trump welcomed Chinese President Xi Jinping to Washington on Wednesday for a three-day visit. Xi’s first US trip in nearly three years will test ties strained by tensions over trade, technology, Taiwan and Tehran. Major breakthroughs were not expected, though Washington and Beijing could extend their 11-month trade truce.
President Donald Trump welcomed Chinese President Xi Jinping with a literal red carpet at Joint Base Andrews on Wednesday. NBC said the honor has not been extended to another world leader, apart from a pope, in six decades. The administration is also promoting a two-month extension of the U.S.-China trade truce that was due to expire in November.
Wall Street futures fell on Thursday as the Middle East conflict showed little sign of resolution. Investors were also cautious ahead of the closely watched summit between Donald Trump and Xi Jinping.
Donald Trump was caught off guard by the sound of a fighter jet during the military ceremony as he welcomed Chinese President Xi Jinping for a state visit on the tarmac of an airport near Washington. The noise prompted a series of startled expressions from the US president.
The United States and China extend their trade truce as Donald Trump meets Chinese President Xi Jinping.
Donald Trump welcomed Chinese President Xi Jinping at Joint Base Andrews, marking Trump’s first trip there to receive a foreign leader. The two are expected to discuss Taiwan, artificial intelligence, trade and Iran.
U.S. and Japanese government and company officials met two weeks before Donald Trump’s summit with Chinese President Xi Jinping to discuss supply bottlenecks affecting access to yttrium from China, according to a document seen by Reuters. The rare earth metal is vital to aerospace and chipmaking.
Xi Jinping arrived in Washington for a state visit, where Donald Trump personally met him at the airport amid a guard of honor, a 21-gun salute and a flypast. Scholars say the gesture was both an effort to do business with China and a way for Trump to show Americans his ability to manage major-power relations. The extension of the trade-war truce adds to the visit’s significance.
Soybeans, sorghum and other US farm products are expected to feature prominently at this week’s summit between President Donald Trump and Chinese President Xi Jinping. Rare-earths trade and artificial intelligence are also points of contention.
Beijing plans to use its edge in critical materials as leverage in talks with Washington.
US President Donald Trump is hosting Chinese President Xi Jinping at the White House on Thursday for a lavish state summit expected to emphasize symbolism more than substance. Both leaders want to project stable ties despite deep rivalry. Trump greeted Xi at Joint Base Andrews on Wednesday evening, the first such welcome there by a US president in 11 years.
China confirmed that its first artificial-intelligence discussions with the United States have taken place, just hours before President Xi Jinping was scheduled to begin talks with U.S. President Donald Trump. The announcement hinted that the trade truce could be extended.
The United States is expected to remain dependent on China for rare earths well into the 2030s, despite rapidly expanding its own mining and processing capacity. That stark imbalance will confront Donald Trump as he meets Chinese President Xi Jinping on Thursday.
Xi Jinping arrived in Maryland for a US state visit, where Donald Trump greeted him at a ceremony featuring flags, military honours and a flyover.
Chinese President Xi Jinping and his wife, Peng Liyuan, arrived in the United States for a state visit and stepped out of the aircraft at Joint Base Andrews, where Trump greeted them at the airport.
US President Donald Trump and Chinese President Xi Jinping are expected to discuss trade, artificial intelligence and the Iran war at their third in-person meeting in a year. Taiwan, tariffs, prisoners and an extended trade truce are also likely to feature, with the two sides expected to issue separate statements afterward.
Experts say Donald Trump and Xi Jinping’s summit is more likely to focus on rebuilding trust and preserving a trade truce than producing major agreements. Trade, AI safety and security will be discussed, but tariffs, critical-mineral supplies, chip restrictions and wider distrust could limit concrete results.
U.S. President Donald Trump is welcoming Chinese President Xi Jinping to the White House on Thursday for a lavish state summit expected to emphasize symbolism over substance. Both leaders want to project stable ties despite their deep underlying rivalry.
Xi Jinping arrived in Washington for his first state visit to the United States in 11 years, receiving a personal welcome from Donald Trump. Peng Liyuan, Cai Qi and Wang Yi accompanied him, while Melania Trump helped plan the visit. The summit is expected to cover AI competition, Taiwan, tariffs and Iran, but the lavish welcome has drawn Republican criticism and exposed divisions over China policy.
As world leaders convene at the United Nations for their annual diplomatic ritual, the two most powerful figures in global politics, Donald Trump and Xi Jinping, are set to meet separately at the White House on Thursday.
Taiwan’s government thanked the United States on Thursday for its support and said it was maintaining communications ahead of a Washington summit between President Donald Trump and Chinese leader Xi Jinping.
Treasury Secretary Scott Bessent said the United States and China had agreed to extend their trade truce by two months. Xi Jinping arrived in the US for his first state visit in 11 years and received a rare welcome from Donald Trump.
Donald Trump welcomed Xi Jinping at Joint Base Andrews with a red carpet, military flyover and marching band as the Chinese leader began a three-day Washington summit. Treasury Secretary Scott Bessent said the US and China had agreed to extend their trade truce until January, while talks are expected to cover trade, AI, the Iran war and Taiwan.
Rapidly rising global copper demand could help Russia increase export revenue and draw investment into domestic mining and metallurgy projects, mining expert Pavel Gamov said. Russia supplies about 4% of the world’s refined copper, but sanctions, higher logistics costs and banking difficulties continue to weigh on suppliers.
T
TASSOriginal★★★☆☆2026-09-24 16:26
Russia’s Economic Development Ministry forecasts oil and condensate production at 494.2 million metric tons in 2026, down 3.36% from 2025 and 3.3% below its previous estimate. Under the baseline scenario, output is expected to recover to 500 million tons in 2027 and 505 million tons in 2028 and 2029. The conservative scenario foresees further declines.
TTASSOriginal★★★☆☆2026-09-24 16:22
Russia’s Economic Development Ministry expects oil product exports to drop 21.7% from 2025 to 98.5 million metric tons in 2026. Under its baseline forecast, exports would rise to 113.1 million tons in 2027 and 134 million in 2028 before declining to 130 million in 2029.
Russia’s Economic Development Ministry lowered its baseline 2026 gas production forecast by 0.8% to 683.1 billion cubic meters, while raising the pipeline export outlook by 1.7% to 117.5 billion cubic meters. The LNG export forecast was cut to 35 million metric tons, and the ministry also revised projections for output, exports and prices through 2029.
TTASSOriginal★★★☆☆2026-09-24 16:20
Saudi Arabia is increasing crude flows through its East-West Pipeline to Yanbu, its Red Sea export hub, but crude tanker loadings have not resumed, according to industry sources, satellite imagery and shipping data.
RReutersOriginal★★★★☆2026-09-24 15:50
The EU has urged Donald Trump not to block US diesel exports, warning that disruption would hurt both Europe and the US. Trump is reportedly considering a 90-day ban to ease high prices for American households before the midterm elections. Experts say Europe could face sharply higher fuel costs because US diesel accounts for a large share of its imports.
TThe GuardianOriginal★★★★☆2026-09-24 14:46
Qivalis CEO and founder Jan-Oliver Sell said the entire trade finance supply chain is moving into stablecoins.
C
CoinDeskOriginal★★☆☆☆2026-09-24 14:41
Major businesses have jointly warned Donald Trump against banning diesel exports. AAA data showed the national average diesel price reached $6.51 per gallon on Thursday, nearly $3 higher than at the same time last year.
C
CNBCOriginal★★★☆☆2026-09-24 14:23
Russian shipping group Fesco has shifted container shipments from Ankara to Russia from the Black Sea port of Novorossiysk to St. Petersburg. The route runs by rail to Gebze and then by sea, with transit estimated at about 20 days; it also carries Russian exports to central Turkey in the opposite direction.
TTASSOriginal★★☆☆☆2026-09-24 14:17
Premier Li Qiang said China will further ease market access and improve policies for cross-border e-commerce retail imports, offering to share opportunities in its market. Speaking at the Global Digital Trade Expo in Hangzhou, he urged international cooperation on digital connectivity, standards and support for developing countries.
C
CGTNOriginal★★★☆☆2026-09-24 13:39
Premier Li Qiang said China will further open market access and improve policies for cross-border e-commerce retail imports, offering to share opportunities with other countries. Speaking at the Global Digital Trade Expo in Hangzhou, he urged stronger international cooperation on digital connectivity, standards and support for developing countries.
Türkiye is increasingly serving as an important alternative channel for Iraqi oil exports to overseas markets.
TTRT WorldOriginal★★☆☆☆2026-09-24 13:38
Serbian oil and gas company NIS has asked the U.S. Treasury’s Office of Foreign Assets Control for a special license allowing it to continue operating after its current license expires on September 30. NIS said uninterrupted operations, the Pancevo refinery and reliable market supplies are vital to Serbia’s energy stability. Its Russian owners have been pushed to sell assets after U.S. sanctions.
TTASSOriginal★★★☆☆2026-09-24 12:29
Brussels has rejected a US proposal to limit diesel exports, warning that it could harm both sides. The White House maintains that it is seeking targeted restrictions rather than a complete ban.
EeuronewsOriginal★★★★☆2026-09-24 12:23
The head of Germany’s auto industry association VDA warned on Thursday that trade imbalances with China are widening. He said the EU can use measures to protect fair competition if violations of WTO rules distort markets.
RReutersOriginal★★★☆☆2026-09-24 11:35
Chinese Premier Li Qiang spoke Thursday at the launch ceremony of the Fifth Global Digital Trade Expo in Hangzhou, Zhejiang Province, highlighting points from his remarks.
CCGTNOriginal★★★☆☆2026-09-24 09:38
Serbia’s Russian-owned oil company NIS, which operates the country’s only refinery, said it has applied for a new US sanctions waiver to keep operating after the current waiver expires on September 30.
RReutersOriginal★★★☆☆2026-09-24 09:35
Sales of Chinese-made hybrid cars in the EU have surged since Brussels imposed anti-subsidy tariffs on fully electric vehicles from China. The increase is alarming the European car industry and EU officials, who have asked China to voluntarily curb hybrid exports or face possible safeguards such as quotas.
TThe GuardianOriginal★★★★☆2026-09-24 08:34
As Chinese President Xi Jinping arrives in Washington for a highly anticipated summit with US President Donald Trump, China appears to have emerged stronger from the tariff shock. Its exports rose 25% last month on an annualised basis, lifting the trade surplus to $119 billion and putting it on course to surpass last year’s record $1.2 trillion. The surplus with the US climbed 44% to $29 billion, its widest gap since Trump returned to office.
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South China Morning PostOriginal★★★★☆2026-09-24 08:30
Chinese Premier Li Qiang said at the opening ceremony of the Fifth Global Digital Trade Expo in Hangzhou that accelerating digitization will advance economic globalization. He called for greater North-South cooperation and said China would deepen trade ties, support foreign-invested firms and welcome stronger long-term investment in its market.
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China News ServiceOriginal★★★☆☆2026-09-24 08:19
South Africa risks losing future vehicle production to Asian rivals as global automakers choose where to build the next generation of electric vehicles, executives say, despite a new government tax incentive designed to attract investment.
RReutersOriginal★★★☆☆2026-09-24 06:35
Chinese ports had their busiest week on record before the approaching summit between Donald Trump and Xi Jinping. The continuing surge in overseas shipments may indicate that exporters were rushing goods out of China as tariff uncertainty persisted.
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Bloomberg NewsOriginal★★★★☆2026-09-24 06:30
Australian diesel prices could rise above A$3 a litre if Donald Trump’s administration bans US diesel exports amid stalled negotiations with Iran. Prices have climbed nearly 40 cents this month as Middle East hostilities disrupt supply. A ban could intensify competition for Asian shipments, raising inflation risks and pressure for higher interest rates.
TThe GuardianOriginal★★★★☆2026-09-24 06:18
Treasury Secretary Scott Bessent said the US and China agreed to prolong their trade-war truce by two months while continuing efforts toward a potentially broader accommodation between the world’s two largest economies.
BBloomberg NewsOriginal★★★★☆2026-09-24 04:30
Scott Bessent said the U.S.-China trade truce will be extended to Jan. 10, beyond its planned November expiration. He said the extension reflects the need for Beijing to complete additional deliverables as Xi Jinping begins a state visit.
Washington and Beijing have agreed to extend arrangements intended to ease trade tensions through January 10 next year, US Treasury Secretary Scott Bessent said. The sides also agreed to partially cut tariffs, extend the suspension of reciprocal tariffs and remove some trade and economic restrictions.
Scott Bessent, the U.S. Treasury secretary, said Wednesday that the United States and China had reached an accord to maintain the “Busan agreement” until January.
Treasury Secretary Scott Bessent said the United States and China agreed to extend their trade truce through Jan. 10. The arrangement had been scheduled to expire in November.
The IPPR estimates that the UK may be losing £3.7bn to £6.5bn in exports to the EU each year because companies face duplicate product testing and other post-Brexit barriers. It says a mutual recognition agreement based on keeping UK rules aligned with the EU could reduce costs and uncertainty for exporters.
TThe GuardianOriginal★★★☆☆2026-09-24 04:00
The White House identified nine Latin American countries among 40 flagged for transshipping Chinese goods, just days before Donald Trump and Xi Jinping are due to meet for a summit in Washington.
EeuronewsOriginal★★★☆☆2026-09-24 03:56
US President Donald Trump gave Chinese President Xi Jinping a grand welcome. In remarks released by Chinese state media, Xi said he looked forward to in-depth exchanges with Trump on major issues involving bilateral relations and the global situation.
Chinese President Xi Jinping arrived at Joint Base Andrews on Wednesday for a state visit at Donald Trump’s invitation. Trump and Melania Trump gave Xi and Peng Liyuan a rare planeside welcome. Xi said China and the United States should be partners rather than rivals and pursue a stable relationship centered on cooperation, moderate competition and manageable differences.
Chinese President Xi Jinping said China and the United States need to take steps toward peaceful coexistence. In a written message marking the start of his state visit to the US, Xi said he hoped to discuss key bilateral and global issues in depth with President Trump, strengthen constructive and strategically stable ties, and broaden opportunities for exchanges and cooperation.
As “Trump-Xi 2.0” approaches, US-China competition is intensifying. BBC Chinese spoke with people on the streets of New York about who they think is gaining the upper hand, what they want the two leaders to discuss and how Americans view Xi Jinping and Donald Trump. Xi is returning to the White House after 11 years, while Trump will personally receive him. AI, trade, Iran and arms sales to Taiwan remain points of contention, with tensions putting pressure on ordinary people’s lives.
US President Donald Trump personally welcomed Chinese President Xi Jinping at a military airfield outside Washington on Wednesday, opening a lavish state visit focused on trade, artificial intelligence and Iran. The two powers are seeking to preserve a fragile diplomatic and economic truce.
Chinese President Xi Jinping said upon arriving in the United States for a state visit that China and the US should be partners rather than rivals. He called for a stable relationship centered on cooperation, moderate competition, manageable differences and peace, and said he looked forward to in-depth talks with Donald Trump on bilateral and global issues.
Chinese President Xi Jinping said Wednesday that he is confident China and the United States can find the right way for two major countries to coexist in the new era. He called for both sides to move in the same direction and pursue a stable relationship centered on cooperation, moderate competition, manageable differences and commitments to peace.
Chinese President Xi Jinping said in a written speech after arriving in the United States for a state visit on Wednesday that China and the U.S. should act as partners rather than rivals. He said China’s national rejuvenation and making America great again could proceed together, complement each other and benefit the world.
US President Donald Trump welcomes Chinese President Xi Jinping at Joint Base Andrews for talks and a state dinner. Trade, Taiwan, artificial intelligence and the war on Iran are at the centre of the agenda as Trump seeks to stabilise global relations.
Chinese President Xi Jinping has arrived in Washington to begin his state visit and is set to receive a rare planeside greeting from President Donald Trump.
The United States and China are competing for AI leadership while seeking to keep the technology under human control. Trump places defeating China above concerns about AI risks, while Beijing warns that confrontation could hinder global governance. AI is expected to be a key summit issue, but how either side will address its dangers remains unclear.
Xi Jinping has arrived in Washington for a state visit, with Donald Trump personally welcoming him. US-China talks are taking centre stage as the two countries extend their trade truce.
Chinese President Xi Jinping arrived at Joint Base Andrews near Washington, where US President Donald Trump personally greeted him at the start of a three-day state visit. The ceremony included both countries’ anthems and a gun salute. Trump is due to hold a formal welcome and talks with Xi at the White House, with AI competition, Taiwan, tariffs and Iran expected on the agenda.
Chinese President Xi Jinping arrived at Joint Base Andrews on Wednesday afternoon for a state visit to the United States. Donald Trump and Melania Trump gave Xi and Peng Liyuan a rare planeside welcome, with a gun salute and both countries’ national anthems performed.
Chinese President Xi Jinping has arrived at Joint Base Andrews to begin a highly anticipated official state visit. US President Donald Trump made the rare move of greeting Xi in person on the tarmac.
Donald Trump welcomed Xi Jinping at Joint Base Andrews with a red-carpet ceremony and a military flyover, opening the Chinese leader’s three-day visit to the US. Two B-1 bombers passed overhead to mark Xi’s arrival; the aircraft are a key part of the US combat arsenal and are known for their exceptionally loud roar.
US President Donald Trump personally welcomed Chinese President Xi Jinping at Joint Base Andrews as Xi began a three-day US visit focused on security, trade and technology. The rare airport greeting underscored Washington’s view of the importance of its relationship with Beijing, despite continuing tensions over tariffs, Taiwan and wider influence.
President Trump is hosting Chinese leader Xi Jinping in Washington for a high-stakes summit, NBC News reports.
US President Donald Trump personally greets Chinese President Xi Jinping at Joint Base Andrews as Xi arrives in Washington. Their anticipated talks are expected to cover trade, artificial intelligence, Taiwan, and the wars in Iran and Ukraine. The visit is Xi’s first state visit to Washington in a decade.
Trump is set to welcome Chinese leader Xi Jinping, with the two leaders scheduled to hold private talks at the White House on Thursday.
US President Donald Trump welcomed Chinese President Xi Jinping at the aircraft stairs after Xi arrived in the United States for a visit. The two leaders shook hands. China’s Foreign Ministry said the state visit would run from September 23 to 25.
Donald Trump welcomed Xi Jinping at Joint Base Andrews as the Chinese president began a state visit to the United States. Despite tensions over artificial intelligence development and wider geopolitical instability, Trump is expected to offer an unusually lavish reception, including a 21-gun salute and private tea. Tech leaders have also been invited to a state dinner.
Chinese President Xi Jinping arrived in Washington, D.C. on Wednesday for a state visit to the United States. Preparations for a welcome ceremony were underway at Joint Base Andrews to receive him.
Chinese President Xi Jinping arrived in Washington, D.C., on Wednesday for a state visit to the United States. President Donald Trump went to Joint Base Andrews to welcome him.
Chinese President Xi Jinping is scheduled to arrive in Washington, D.C. on Wednesday for a state visit to the United States.
CGTN’s Toni Waterman reports from outside the White House ahead of Chinese President Xi Jinping’s state visit to the United States, as the two countries navigate complicated relations.
U.S. Treasury Secretary Scott Bessent said he and Chinese Vice Premier He Lifeng would meet for a second time this week to clear up “unfinished business” ahead of the summit between Donald Trump and Xi Jinping.
As Trump gets ready to meet Xi, tensions between the United States and its allies are making it harder for Washington to coordinate pressure on an increasingly resilient China.
President Donald Trump is welcoming Chinese President Xi Jinping to the White House as both leaders seek to preserve stability between the world’s two largest economies. Few concrete outcomes are expected from their meeting.
Chinese President Xi Jinping will arrive in Washington this week without the group of Chinese business leaders Beijing had hoped to bring for meetings with US President Donald Trump, according to two people familiar with the matter.
Donald Trump will host Xi Jinping in Washington this week, with AI, trade and Taiwan expected on the agenda. The leaders may discuss extending a US-China trade truce due to expire in November, while rare-earth exports and possible AI cooperation remain key issues. Xi is set to receive an unusually lavish welcome, including a state dinner and military flyover.
Xi Jinping and Donald Trump are set to meet at the White House as the two largest economies remain locked in a trade and technology rivalry. Trump’s tariffs have not reduced US deficits or prevented China from posting a $1.2 trillion global trade surplus. The fragile tariff truce, AI restrictions, sanctions and critical-mineral controls are also expected to shape the talks.
The Hongxing Youyang Wuling Mountain Agricultural Wholesale Center has opened in Chongqing. The 10-billion-yuan hub serves about 30 million people across four provinces and municipalities, while a new ASEAN-Youyang cold-chain rail route brings fresh ASEAN fruit to Youyang for storage and distribution. The project is expected to create more than 10,000 direct jobs.
CChina News ServiceOriginal★★☆☆☆2026-09-24 03:12
Oil prices fell Thursday as traders assessed a report indicating that Asia is on track to import its largest volume of crude since the US-Iran war began.
CCNBCOriginal★★☆☆☆2026-09-24 02:12
Debt markets came under pressure on Thursday, with Japanese government bonds tracking Treasuries lower. Asian stocks were mixed as investors considered persistent Middle East tensions and the possibility of talks between the United States and China.
RReutersOriginal★★☆☆☆2026-09-24 02:00
The US has no diesel shortage, but Republicans’ prospects in the midterm elections appear to be worsening. That makes a diesel-export ban, despite being a poor policy, look increasingly likely.
BBloomberg NewsOriginal★★★☆☆2026-09-24 02:00
A diesel export ban promoted by President Donald Trump could send countries including Brazil and the UK scrambling to secure fuel. With the Iran war constraining global supplies, the measure risks pushing already near-record prices even higher.
US oil industry groups are opposing a proposed ban on diesel exports after the president signalled he may halt shipments abroad. They say there is no “silver bullet” for the fuel price crisis.
US ultra-low-sulfur diesel futures dropped 4% on Wednesday after Politico reported that the White House was preparing a 90-day diesel export ban. The Trump administration denied the report.
The Trump administration’s suggestion that it could ban or limit diesel exports has triggered an angry response from the US oil industry. Politicians are seeking to curb soaring energy prices before November’s midterm election, while critics warn that a ban would create supply problems and raise prices at home and abroad. The OECD says the global economy is weathering the energy shock better than expected, partly because of AI investment.
Experts say a diesel export ban would offer only temporary relief before prices climb again as refiners reduce production.
A White House official on Wednesday denied a report that the United States was preparing a 90-day diesel export ban to try to contain record fuel prices. Diesel is widely used by farms, trains and trucks.
The Trump administration is preparing a 90-day ban on diesel exports, Politico reported, citing five people familiar with the discussions. The proposal faces divisions within the administration and with the oil industry and is intended to lower energy prices weighing on Republicans ahead of the midterms.
Suspending foreign sales of the vital fuel may look beneficial in the short term, but the United States would soon suffer as a result.
European diesel prices are climbing as markets weigh the possibility that Washington could suspend overseas sales. Analysts warn that such a move would be “catastrophic” for global supplies.
The trade truce between the world’s two most powerful economies will last for another two months.
CCNBCOriginal★★★★☆2026-09-24 01:47
The United States’ Asian allies want Donald Trump and Xi Jinping to reach a truce, but they fear Trump could soften Washington’s position on Taiwan or other regional security issues in exchange for concessions from Beijing.
BlackRock says increasingly autonomous AI systems could become a new class of stablecoin customer, making continuous micropayments for data, software and computing resources. Its report says stablecoins may benefit from machine-native commerce, though traditional payment networks could adapt and the value captured by crypto assets will depend on fees, staking and gas-sponsorship models.
C
CryptoSlateOriginal★★☆☆☆2026-09-23 20:50
A Financial Times investigation says hard currency from state oil group Rosneft was central to Russia’s efforts to circumvent sanctions through a Kremlin-backed money-laundering network.
F
Financial TimesOriginal★★★☆☆2026-09-23 20:00
Ghana’s central bank will prioritise rebuilding foreign exchange reserves in the coming months, Governor Johnson Asiama said, as the country faces a weaker current account, declining reserves and a halt in gold exports by state buyer GoldBod since August.
RReutersOriginal★★★☆☆2026-09-23 17:45
The EU Industry Commissioner warned that the bloc could resort to punitive trade measures if Beijing fails to rebalance the trade deficit. He said the imbalance is costing the EU thousands of jobs every week.
EeuronewsOriginal★★★★☆2026-09-23 17:11
India has lowered the basic import duty on crude and refined edible oils, including palm, soybean and sunflower oil, according to a government notification issued late Wednesday. The move aims to reduce prices during the peak festive season.
RReutersOriginal★★★☆☆2026-09-23 17:05
Swiss commodities trader Mercuria said on Wednesday it will commit $500 million to Project Vault, an initiative intended to preserve US industry participants’ access to critical minerals during supply disruptions or market dislocation.
RReutersOriginal★★★☆☆2026-09-23 16:50
Russian exports to Egypt increased 15.6% year on year in the first seven months of 2026 to $5.9 billion, Deputy Industry and Trade Minister Roman Chekushov said. Officials discussed streamlining trade procedures, a possible free trade agreement, new logistics routes and localizing Russian companies in Egypt’s Suez Canal Economic Zone.
TTASSOriginal★★★☆☆2026-09-23 16:27
Russia’s agricultural exports to Malaysia rose fivefold by volume and 5.5-fold by value in January-August 2026, reaching about 8,800 tons worth more than $9 million. Rapeseed oil, other agricultural goods and soybean oil were the top products by value.
TTASSOriginal★★☆☆☆2026-09-23 16:03
Russian Deputy Foreign Minister Andrey Rudenko said energy cooperation with China has grown stronger each year. The Power of Siberia pipeline is operating at full capacity, the Power of Baikal project is being carried out, and construction is underway on a Far Eastern route for gas exports to China.
TTASSOriginal★★★☆☆2026-09-23 15:12
Xi Jinping’s Thursday arrival at the White House will mark the first Chinese state visit to the US since 2015. The occasion offers a chance to assess Donald Trump’s sweeping China trade policy launched in 2018. After eight years of high tariffs, export controls and industrial policy, the article concludes that the approach has failed on its own terms.
BBloomberg NewsOriginal★★★★☆2026-09-23 14:00
The European Commission says it will work with Washington to minimise disruption from Donald Trump’s latest tariffs on Russian energy, as the measures threaten to worsen Europe’s LNG supply squeeze.
EeuronewsOriginal★★★★☆2026-09-23 13:51
The global oil crisis pushed petrol and diesel prices above €2.4 and €2.5 per litre at their peak. Adjusting the figures for the cost of living offers a clearer picture of which European countries are bearing the heaviest burden.
Coal deliveries to Russia’s domestic electric power sector are projected to grow by nearly 30% by 2050 under a government-approved development program for the coal industry. Supplies are expected to reach 90–100 million tons by 2030 and 85–125 million tons by 2050, compared with 95.4 million tons in 2024.
TTASSOriginal★★★☆☆2026-09-23 13:42
Under the target scenario of the government-approved coal sector development program, Russia’s coal production is projected to grow from 442 million tons in 2024 to 662 million tons in 2050. Domestic supplies are expected to increase from 179 million tons to 231.7 million tons over the same period.
Russia’s government-approved coal-sector development program projects exports will rise from 197.6 million tons in 2024 to 350.1 million tons in 2050 under its target scenario. Exports are forecast at 266.7 million tons in 2030 and 320.2 million tons in 2036, while imports are planned at 13 million tons in 2030 and 12 million tons in both 2036 and 2050.
Under the target scenario in the government-approved revised coal-sector development program, Russia’s share of global coal exports is projected to rise from 13% in 2024 to 27% by 2050. The industry could contribute 3.6 trillion rubles to nominal GDP, while specific air-pollutant emissions fall to 1.5 kg per ton of output.
While the US-China trade war has hurt exports from soybeans to solar panels, Chinese wigs, hair extensions and false eyelashes have remained remarkably resilient. Low prices and strong demand are encouraging consumers to absorb added costs, while the country’s largely city-based press-on nail industry is also coming through the conflict unscathed.
FFrance 24Original★★☆☆☆2026-09-23 12:29
Türkiye and the UK are negotiating an expanded trade framework, with services and the digital economy at its center. Bilateral trade between the two countries reached $38 billion in 2025.
TTRT WorldOriginal★★★☆☆2026-09-23 11:51
The EU is nearing bilateral trade agreements with several Southeast Asian countries and could have deals with six of ASEAN’s 11 members by mid-next year. Yet an EU-ASEAN bloc-to-bloc agreement remains distant. Trade reached €274.9 billion last year, while geopolitical tensions, supply-chain diversification and the EU’s de-risking strategy toward China are driving closer ties.
DDWOriginal★★★★☆2026-09-23 11:49
Russian flour exports are forecast at 528,000 metric tons worth $162 million in 2026, broadly matching 2025 levels of 529,000 tons and $163 million. Flour output this year is projected at 9.487 million metric tons, while wheat and rye harvests are expected to reach 88.5 million and 900,000 tons, respectively.
TTASSOriginal★★☆☆☆2026-09-23 10:45
Todd Boehly has formed a consortium to bid for the foreign assets of sanctioned Russian oil producer Lukoil, the Financial Times reported, citing sources. The group includes the U.S. DFC, Emirati and Qatari partners with ties to the Trump family, and is reportedly at an advanced stage. Boehly is seeking to outbid Carlyle, whose earlier agreement still awaits Washington’s approval. Lukoil’s foreign holdings are valued at about $20 billion.
MMeduzaOriginal★★★☆☆2026-09-23 08:42
Billionaire financier Todd Boehly has secured backing from US and Gulf power brokers to bid for the international assets of Russia’s Lukoil.
Billionaire Todd Boehly has won support from the US government and Gulf power brokers linked to the Trump family for his bid to acquire the international assets of Russian oil giant Lukoil, the Financial Times reported on Tuesday.
Uneven progress on commitments involving soybeans, planes and rare earths suggests that the U.S.-China trade truce remains fragile, even as both sides maintain a careful détente.
CCNBCOriginal★★★☆☆2026-09-23 08:25
Trump’s tariffs were intended to bring manufacturing back to the United States, but the case of a $5,000 bicycle shows how the levies are undermining that goal.
BBloomberg NewsOriginal★★☆☆☆2026-09-23 07:30
Large numbers of Chinese-made new energy vehicles are heading to Europe.
CChina News ServiceOriginal★★☆☆☆2026-09-23 07:04
Global AI trade is showing signs of recovery as lower oil prices, Meta Platforms’ launch of a new agentic tool and anticipation of the China-US leadership summit revive interest in technology stocks. The Nasdaq-100 reached a record high on Tuesday, while China’s chip-heavy Star Market 50 and South Korea’s Kospi have rebounded since July.
SSouth China Morning PostOriginal★★☆☆☆2026-09-23 05:02
Shenzhen Camsense Technologies, which makes spatial sensors for robotic vacuum cleaners, has launched a Hong Kong IPO seeking about HK$680 million (US$86.7 million). Co-founder Zhou Kun said exports and procurement for existing client products remain normal despite Washington’s recent import ban, with possible disruption mainly affecting new-product development schedules.
SSouth China Morning PostOriginal★★☆☆☆2026-09-23 05:00
The shortage of the largest supertankers has pushed rates on key Middle East-China routes to more than double their late-August level, driving tanker costs to a record $1.2mn a day as the Iran war disrupts shipping.
FFinancial TimesOriginal★★★★☆2026-09-23 04:00
Sales of Chinese-made beauty accessories are surging across the United States, ranging from pre-bleached straight-hair wigs to wavy clip-in extensions and heavily decorated coffin-shaped nails, despite the trade dispute between the two countries.
RReutersOriginal★★☆☆☆2026-09-23 03:50
A Suparna Airlines freighter departed Jiaxing Nanhu Airport as a regular Jiaxing–Chicago route began under Jiaxing Customs supervision. The service creates a direct air-cargo link between the Yangtze River Delta and North America. China Postal Airlines also opened Zhejiang’s first direct cargo route to Luxembourg from the airport.
CChina News ServiceOriginal★★☆☆☆2026-09-23 02:59
The 23rd China-ASEAN Expo brought together more than 3,400 companies from over 70 countries and regions. Focusing on business opportunities under the China-ASEAN Free Trade Area 3.0 framework and emerging AI applications, the 2026 expo helped deepen mutually beneficial economic and trade cooperation between China and ASEAN members.
CChina News ServiceOriginal★★☆☆☆2026-09-23 01:54
President Donald Trump backed a diesel export ban on Tuesday as a way to reduce prices that have reached record highs amid a global supply shortage. Analysts and market watchers say the move would do little to lower energy costs and could instead deepen supply and economic disruptions worldwide.
RReutersOriginal★★★★☆2026-09-22 23:30
Donald Trump said he would support suspending US sales of diesel to foreign markets, as conflicts in the Middle East and Ukraine drive up the price of the vital fuel.
President Donald Trump said Tuesday that he supported the idea of banning diesel exports. Some U.S. politicians are advocating the measure as a way to rein in soaring energy costs.
Treasury Secretary Scott Bessent said the Trump administration is assessing whether a diesel export ban could work, taking into account overall refining capacity and whether the measure should be full or partial.
Banning US diesel exports may seem like a tempting way for President Trump to demonstrate action against record-shattering diesel prices, but researchers warn the measure would likely backfire over the medium and long term.
The U.S.-initiated trade war with China and most other global trading partners has eased since President Donald Trump imposed his so-called “liberation day” tariffs in April 2025. U.S. imports from China rose for a fifth consecutive month in August, but tensions persist, particularly in key technology industries.
CCGTNOriginal★★★☆☆2026-09-22 22:49
Spain plans to ban imports of Russian liquefied natural gas from January 1, 2027, Foreign Minister Jose Manuel Albares said, despite long-term supply contracts held by Spanish companies. He said Madrid would follow the European Union’s new sanctions and could help other European countries obtain LNG from reliable partners such as the United States.
TTASSOriginal★★★★☆2026-09-22 22:40
Bundesbank President Joachim Nagel said on Tuesday that oil prices are becoming an increasingly important indicator for European Central Bank policymakers when setting interest rates, while other factors remain crucial. Markets had increased bets on rate hikes as energy costs rose.
RReutersOriginal★★★☆☆2026-09-22 22:35
Russian businesses hope China and India will maintain trade with Russia after the United States adopted the so-called “sanctions from hell” law, RSPP President Alexander Shokhin said. He cited transport, logistics, payment and settlement problems, along with secondary-sanctions risks, and stressed the importance of political backing and favorable financing for exporters competing abroad.
TTASSOriginal★★★☆☆2026-09-22 19:02
Russia’s non-resource, non-energy exports grew 8% in the first seven months of the year, First Deputy Prime Minister Denis Manturov said. Industry and Trade Minister Anton Alikhanov said the exports exceeded 96 billion rubles ($1.14 billion), including 15.9 billion rubles from small and medium-sized businesses.
TTASSOriginal★★★☆☆2026-09-22 17:20
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