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Deals and words: Reading the tea leaves for the ‘historic’ Xi-Trump summit

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Twists and turns can be expected for the rest of this year.

Synopsis: Every fourth Friday of the month, The Straits Times will now analyse the hottest political and trending talking points, alternating between its Malaysia and Greater China bureaus.

For May, host and deputy foreign editor Albert Wai teams up again with senior China correspondent Yew Lun Tian. Their focus is on the Xi-Trump summit held in Beijing from May 13-14, 2026. 

Heading into the event, expectations were modest as US President Donald Trump appeared to be distracted by war in the Middle East. At first glance, the deliverables might have seemed slightly underwhelming. 

But the bottomline is both men got a bit of what they needed. Mr Trump got purchases for Boeing jets, agricultural products and possibly energy, while Chinese President Xi Jinping articulated a “new positioning” of bilateral relations.

There are also implications for cross-strait ties, with Beijing framing the Taiwan issue as something to be treated with utmost caution while Washington signalled that it might be rethinking the latest tranche of arms sales to the island.

With many geopolitical issues on the agenda, the tariff war appeared to have taken a back seat. Nonetheless, the announcement on the boards on trade and investment has opened up additional and much-needed room for dialogue.

There are at least three more bouts of engagement between Mr Trump and Mr Xi for the rest of this year, and plenty of opportunities for both sides to bargain and make deals.

Highlights (click/tap above): 

2:34 The world can breathe a sigh of relief

5:14 What is “constructive strategic stability”?

9:09 Temple of Heaven, Imperial Garden: Visit steeped in symbolism

10:43 A captivated Chinese public

13:11 Taiwan should be worried

19:20 Trade tensions take a back seat

21:16 China hugs the US and Russia

Read more: https://str.sg/pyWN 

Register for Asian Insider newsletter: https://str.sg/stnewsletters 

Host: Albert Wai (albertw@sph.com.sg

Produced and edited by: Fa’izah Sani

Executive producer: Ernest Luis

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