🌐 Global Economy May 16, 2026 · Menzie Chinn

Trump in China: 磕頭?

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Trump in China: 磕頭?
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Lots of gushing praise by President Trump of President Xi. Not so much from Xi. I’d characterize this as anything but tough talk from the US side.
As for deliverables from the summit: None confirmed from the Chinese side. Maybe purchase of 200 Boeing aircraft — even that below the anticipated 300. Energy deal? Maybe? Trade deal? Tariff drawdown on the part of China? Elevated purchases of soybeans (2025 at $3bn, 10 yr average at $11 bn)? No details.
In response to President Xi’

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