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Trump Arrives in Beijing for High-Stakes Summit With Xi

President Donald Trump landed in China's capital Wednesday for a closely watched meeting with Xi Jinping. The world's two largest economies seek to chart a new course in their relationship. The summit follows preparatory talks between U.S. Treasury Secretary Scott Bessent and China's Vice Premier He Lifeng in Seoul, where negotiators worked to establish common ground ahead of the leaders' discussion. Market participants watched closely for signals on the trajectory of bilateral trade relations, with stock futures gaining ground as the talks commenced. Both sides have tempered expectations for the meeting, reflecting the persistent tensions that have strained ties between Washington and Beijing. Trump traveled to the Chinese capital accompanied by business executives, underscoring the commercial dimensions of the bilateral engagement.