The emperor's new deal and the chairman's new tech plan
Deep Dives
Explore related topics with these Wikipedia articles, rewritten for enjoyable reading:
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Rare-earth element
14 min read
The article mentions China's export controls on rare earths as a key negotiation point. Understanding what rare earth elements are, why they're strategically critical, and China's dominant position in their production provides essential context for US-China trade tensions.
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China–United States trade war
13 min read
The Trump-Xi meeting discussed tariffs and trade agreements, continuing the broader trade conflict that has shaped US-China relations. This provides historical context for the ongoing negotiations and their significance.
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Made in China 2025
10 min read
The article's title references 'the chairman's new tech plan' and Xi's strategic vision. Made in China 2025 is China's industrial policy to dominate high-tech manufacturing, which is central to understanding Xi's negotiating position and long-term economic strategy.
A man without a plan and a man with a plan
Underwhelming Trump-Xi meeting
October 30—Donald Trump met with Xi Jinping in Busan, South Korea for a highly anticipated meeting that was supposed to result in a trade agreement. Trump told reporters flying with him back to Washington: “On a scale from zero to 10, with 10 being the best, I would say the meeting was a 12.”
Xi Jinping did not seem to enjoy the encounter as much, judging from his pained facial expression and silence as Trump babbled on during a pre-meeting press event. And all the meeting actually achieved was to pause recently threatened U.S. tariffs and delay the implementation of China’s new export controls on rare earths. It’s just back to the status quo of a few months ago. Trump himself did not use the word deal about the results of the meeting, saying on his Truth Social platform that he and Xi “agr…
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