US Factsheet Outlines China’s Pledges as Part of Trump-Xi Deal - Xi's APEC Agenda - China-ROK Agreements - Xi-Takaichi Sanae Meeting
Hi folks, this is a special Sunday edition, given that’s it’s been a busy weekend of diplomacy in South Korea.
But let’s begin with the US-China deal. The Chinese side was rather quick to outline the key aspects of the deal was agreed upon following the Trump-Xi meeting. Let me recap the Chinese Ministry of Commerce’s assessment of the deal:
The U.S. side will cancel the 10-percent so-called ‘fentanyl tariffs’ and suspend, for an additional year, the 24-percent reciprocal tariffs levied on Chinese goods, including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region, according to a spokesperson of the ministry. China will make corresponding adjustments to its countermeasures against the aforementioned U.S. tariffs, the spokesperson said, noting that both sides have agreed to continue extending certain tariff exclusion measures.
The United States will suspend for one year the implementation of a new rule announced on Sept. 29 that expands its ‘entity-list’ export restrictions to any entity that is at least 50 percent owned by one or more entities on the list. China will suspend the implementation of relevant export control measures announced on Oct. 9 for one year and will study and refine specific plans.
The U.S. side will suspend the implementation of measures under its Section 301 investigation targeting China’s maritime, logistics and shipbuilding industries for one year. In response, China will correspondingly suspend the implementation of its countermeasures against the U.S. side for one year once the U.S. suspension takes effect.
In addition, the two sides also reached consensus on issues including anti-drug cooperation on fentanyl, expanding agricultural product trade, and the handling of individual cases involving relevant enterprises.
Both sides further confirmed the outcomes of the Madrid economic and trade talks. The U.S. side made positive commitments in areas such as investment, and China will properly resolve issues related to TikTok with the U.S. side.
Now we have a factsheet from the White House, which provides a far more detailed look at the deal. This paints a fairly different, and more nuanced picture of the agreement that was inked in Busan. There are significant, tangible commitments from Beijing. And perhaps there are significant differences in terms of how the two sides have interpreted what’s been agreed upon. The White House’s factsheet suggests that the Chinese side has lifted controls on materials imposed as far back as October 2022. So this is not simply reciprocity in terms of recent measures. There are also specific pledges to lift restrictions on US farm produce and buy particular quantities of soybeans. These commitments go beyond the immediate. They extend to 2028. Whether this materialises is something to be seen. My fundamental takeaway from Friday’s newsletter does not change. But the give-and-take is much more complex, and the deal could be rather fragile.
China will suspend the global implementation of the expansive new export controls on rare earths and related measures that it announced on October 9, 2025.
China will issue general licenses valid for exports of rare earths, gallium, germanium, antimony, and graphite for the benefit of U.S. end users and their suppliers around the world. The general license means the de facto removal of controls China imposed in April 2025 and October 2022.
China will take significant measures to end the flow of fentanyl to the United States. Specifically, China will stop the shipment of certain designated chemicals to North America and strictly control exports of certain other chemicals to all destinations in the world.
China will suspend all of the retaliatory tariffs that it has announced since March 4, 2025. This includes tariffs on a vast swath of U.S. agricultural products: chicken, wheat, corn, cotton, sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products.
China will suspend or remove all of the retaliatory non-tariff countermeasures taken against the United States since March 4, 2025, including China’s listing of certain American companies on its end user and unreliable entity lists.
China will purchase at least 12 million metric tons (MMT) of U.S. soybeans during the last two months of 2025 and also purchase at least 25 MMT of U.S. soybeans in each of 2026, 2027, and 2028. Additionally, China will resume purchases of U.S. sorghum and hardwood logs.
China will take appropriate measures to ensure the resumption of trade from Nexperia’s facilities in China, allowing production of critical legacy chips to flow to the rest of the world.
China will remove measures it took in retaliation for the U.S.’s announcement of a Section 301 investigation on China’s Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance, and remove sanctions imposed on various shipping entities.
China will further extend the expiration of its market-based tariff exclusion process for imports from the United States and exclusions will remain valid until December 31, 2026.
China will terminate its various investigations targeting U.S. companies in the semiconductor supply chain, including its antitrust, anti-monopoly, and anti-dumping investigations.
American actions:
The United States will lower the tariffs on Chinese imports imposed to curb fentanyl flows by removing 10 percentage points of the cumulative rate, effective November 10, 2025, and will maintain its suspension of heightened reciprocal tariffs on Chinese imports until November 10, 2026. (The current 10% reciprocal tariff will remain in effect during this suspension period.)
The United States will further extend the expiration of certain Section 301 tariff exclusions, currently due to expire on November 29, 2025, until November 10, 2026.
The United States will suspend for one year, starting on November 10, 2025, the implementation of the interim final rule titled Expansion of End-User Controls to Cover Affiliates of Certain Listed Entities.
The United States will suspend for one year, starting on November 10, 2025, implementation of the responsive actions taken pursuant to the Section 301 investigation on China’s Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance. In the meantime, the United States will negotiate with China pursuant to Section 301 while continuing its historic cooperation with the Republic of Korea and Japan on revitalizing American shipbuilding.
While on China-US ties, Defence Minister Dong Jun met with US Secretary of War Pete Hegseth. He “noted that the defense departments of both countries should take concrete actions to implement the consensus reached by the two heads of state, and work toward building a military-to-military relationship based on equality and respect, peaceful coexistence, and stable, positive development. He also expressed hope that the U.S. side will honor its commitment not to seek to contain China and pursue conflict, take a clear stance against ‘Taiwan independence’, and work with China to inject positive energy into regional and global peace and security.”
Moving on, Xi Jinping wrapped up his visit to South Korea for the APEC summit. There were several bilateral meetings too. Let me cover these in today’s edition.
First, speaking at the APEC CEOs summit, Xi said that:
“The world has come to a new crossroads -- solidarity, cooperation and mutual benefit or return of hegemonism and the law of the jungle; multilateralism, openness and inclusiveness or unilateralism and protectionism. What we choose will profoundly affect the future of the world.”
He added that: “While hegemonism causes only war and disaster, fairness and justice ensure global peace and development. While confrontation and antagonism breed only estrangement and turbulence, win-win cooperation proves to be the right way forward. While unilateralism precipitates division and regression, multilateralism is the viable option for tackling global challenges. China always upholds the current international order and practices true multilateralism. We embrace peaceful development, and reject the assertion that a strong country will inevitably seek hegemony. We champion win-win cooperation, and denounce winner-takes-all practices. We advocate mutual learning among civilizations, and do not believe in clash of civilizations. We promote fairness and justice, and oppose power politics. China has successively put forward the Belt and Road Initiative as well as the Global Development Initiative, the Global Security Initiative, the Global Civilization Initiative, and the Global Governance Initiative. They are China’s solutions to the salient issues across the world, based on Chinese wisdom. We look forward to working with all parties to promote common prosperity and a win-win future for all, and building a community with a shared future for humanity.”
He then made four broad points, talking about treating countries equally, embracing the vision of common, comprehensive, cooperative, and sustainable security; backing multilateralism and opposing protectionism, rejecting unilateralism and bullying; leveraging the diversity of Asia Pacific economies; and creating greater synergy between different development strategies and stepping up support for developing economies.
Speaking about the fourth plenum then, Xi said that the Chinese economy can “provide fertile soil for global investors and entrepreneurs.” “China is an ideal, safe and promising destination for global investors. Partnering with China means embracing opportunities. Believing in China means being optimistic about tomorrow. And investing in China means investing in the future.”
The China market is huge and promising
“China can provide a good business environment for the global business community. China is fostering a market-oriented, law-based and world-class business environment to help companies of different types of ownership to grow and thrive through fair competition. There are only 29 items left on China’s negative list for foreign investment, and zero items in the manufacturing sector. We will also continue to open the services sector. China is universally recognized as one of the safest countries in the world, and grants either unilateral visa exemption or full mutual visa-free entry to 76 countries.”
“We are vigorously developing future industries, strengthening emerging industries, and upgrading traditional industries. Innovation is steadily driving the economy forward. China is going green, digital and smart at a faster pace. Breakthroughs are being made one after another in AI, quantum technologies, humanoids, new-energy vehicles, and biomedicine. China is now a global destination for the promotion and application of new technologies. Facts have proved that whoever establishes a solid presence in the Chinese market will stay ahead of the curve in the increasingly fierce international competition.”
“China is making coordinated advances in decarbonizing, mitigating pollution, expanding green transition and promoting growth. It has the largest renewable energy system and the biggest, most complete new energy industrial chain in the world. The increased area of afforestation in China accounts for a quarter of the world total. We are committed to meeting our carbon peaking and carbon neutrality targets. We are actively advancing cooperation in launching green energy projects. We support the free flow of quality green technologies and products, and do our best to provide assistance to developing countries.”
Next, Xi spoke at the two sessions of the APEC leaders’ meeting. At the first session, he made five points:
We must practice true multilateralism, and enhance the authority and effectiveness of the multilateral trading system with the WTO at its core. We should stick to the right direction of WTO reform, uphold the most-favored-nation (MFN), nondiscrimination and other fundamental principles, and update international economic and trade rules to reflect the changing times, so as to better protect the legitimate rights and interests of developing countries.
We should keep promoting trade and investment liberalization and facilitation, deepen fiscal and financial cooperation, and steadily push for regional economic integration. With the RCEP being implemented to high standards and the CPTPP membership expanding, we should help the two align with each other and progress together so as to inject impetus into the development of the FTAAP.
Third, we should work together to keep industrial and supply chains stable and smooth…We should vigorously expand our common interests, and support the open development of supply chains. The tenth anniversary of the APEC Connectivity Blueprint gives us a good opportunity to strive for concrete and tangible results in physical, institutional and people-to-people connectivity so as to further consolidate the foundations for open development in our region.
Fourth, we should work together to advance the digital and green transformation of trade. We should make digital technologies a strong catalyst for cross-border trade, and promote practical cooperation in paperless trade, smart customs and other areas. We must remove various green barriers, and expand cooperation in green industries, clean energy and green minerals. The Asia-Pacific Model E-port Network and the Cooperation Network on Green Supply Chain initiated by China under APEC have become important platforms for regional cooperation on the digital and green upgrades for trade.
We should adhere to the people-centered development philosophy, focus on imbalances in development, and foster an economic globalization that is more inclusive, sustainable, and beneficial to all peoples in the region.
He ended by stating that “China’s door to the world will not close; it will only open wider and wider.”
At session two, Xi made three points:
We should fully harness new technologies to empower and propel us forward, seize the opportunities of digital, smart and green development, and move faster to nurture and promote new quality productive forces. We should spark data into life as a basic resource and an engine for innovation, promote safe and orderly flow of data, and accelerate high-quality development of the digital economy. We should deepen cooperation on open source technologies and build an open, competitive ecosystem for innovation. AI is very important for shaping the future, and should contribute to the well-being of people of all countries and regions. We should bear in mind the well-being of the entire humanity, and promote the sound and orderly development of AI while ensuring that it is beneficial, safe and fair. China has proposed the establishment of a World Artificial Intelligence Cooperation Organization, which we hope will provide the international community with public goods on AI through cooperation on development strategies, governance rules and technological standards. China is ready to work with all APEC members to enhance AI literacy and bridge the digital and AI divide in the Asia Pacific region.
Second, we should stay committed to green and low-carbon development to build a new paradigm for sustainable development in the Asia Pacific region. Clear waters and green mountains are just as valuable as gold and silver. We should keep in mind our responsibility to our future generations, enhance synergy between green development strategies of all economies, promote free flows of quality green technologies and products, accelerate the green and low-carbon transition, and vigorously tackle climate change. We should ensure the true fulfillment of common but differentiated responsibilities, and urge developed economies to continuously provide necessary support for developing economies in financing, technology, capacity building and other areas. Since announcing our carbon peaking and carbon neutrality goals five years ago, China has established the world’s largest and fastest-growing renewable energy system. Industries such as new energy vehicles, lithium-ion batteries and photovoltaics are thriving. China has submitted its 2035 Nationally Determined Contributions on climate response, and will implement the system of dual control over the volume and intensity of carbon emissions across the board. China has funded the establishment of the APEC Support Fund -- Sub-fund on Promoting Digitalization for Green Transitions, and will continue to implement relevant initiatives on clean energy and green transition.
We should always put the people first, and strengthen policy communication, experience sharing and results-oriented cooperation to fully implement the United Nations 2030 Agenda for Sustainable Development, eliminate poverty together, and promote shared prosperity for all the people in the Asia Pacific. We should fully leverage APEC’s traditional strength in economic and technical cooperation, encourage Asia Pacific economies to take the lead in piloting the WTO’s Agreement on Electronic Commerce, and deepen cooperation in such areas as SMEs, human resources, food security, energy transition, and health to facilitate balanced growth in developing economies.
Let’s now look at Xi’s bilateral meetings. First, the readout from Xi’s meeting with South Korean President Lee Jae Myung says:
“President Xi Jinping pointed out that China and the ROK are important close neighbors that cannot be moved away, and cooperation partners that cannot be separated. Since the establishment of diplomatic relations 33 years ago, the two countries have transcended differences in social systems and ideologies, and vigorously advanced exchanges and cooperation across the board, achieving mutual success and common prosperity. Facts have proved that promoting the sound and steady development of China-ROK relations is always a right choice that serves the fundamental interests of the two peoples and conforms to the trend of the times. China values its relations with the ROK and maintains continuity and stability in its ROK policy. China stands ready to work with the ROK to enhance communication, deepen cooperation, expand common interests, meet challenges together, move their strategic cooperative partnership forward with a steady pace, and inject more positive energy into regional peace and development.”
He then made four points:
First, strengthen strategic communication and consolidate the foundation of mutual trust. It is important to view China-ROK relations from a long-term perspective, pursue common development through mutual respect, and promote win-win cooperation by seeking common ground while shelving differences. The two sides should respect each other’s social systems and development paths, accommodate each other’s core interests and major concerns, and properly handle differences and disagreements through friendly consultation. The two sides should make good use of their dialogue channels and exchange mechanisms to pool strength for the development of their bilateral relations.
Second, deepen mutually beneficial cooperation and tighten the bonds of interests. To help one’s neighbor succeed is to help oneself. China stands ready to work with the ROK in the spirit of mutual benefit and win-win to speed up the second phase of negotiations on the China-ROK FTA, fully tap the potential for cooperation in emerging areas such as artificial intelligence, biomedicine, green industries and the silver economy, and upgrade the quality of their economic and trade cooperation. Given the shared commitment of China and the ROK to combating online gambling and telecom fraud, the two countries can strengthen cooperation at the bilateral and regional levels to better safeguard the safety of the two peoples and their properties.
Third, strengthen the friendship between the two peoples and bring their hearts closer together. The two sides should better communicate with the media and the general public, send more positive messages, and check tendencies that may harm the relationship. The two sides should conduct healthy and beneficial cultural and people-to-people exchanges to deepen mutual understanding and consolidate the popular foundation of bilateral relations. The two sides should facilitate cross-border travel, encourage more exchanges among the youth, media, and think tanks, and at subnational levels, to foster affinity between the two peoples and create a good atmosphere for the sound and steady development of China-ROK relations.
Fourth, enhance coordination in multilateral fora to jointly promote peace and development. China congratulates the ROK on successfully hosting the APEC Economic Leaders’ Meeting. As China takes over as APEC host, it will work with member economies to advance the FTAAP process and regional economic integration, and build together an Asia-Pacific community. The two sides should jointly practice true multilateralism, uphold the multilateral trading system, and make global governance more just and equitable.
The readout says that “After the talks, the two heads of state jointly witnessed the exchange of cooperation documents in fields such as economy and trade, finance, agriculture, law enforcement, and science and technology. In the evening, President Lee Jae Myung had a cordial smaller-group meeting with President Xi Jinping, and hosted a welcoming banquet in honor of President Xi Jinping.”
The readout from the Korean side is really detailed and helpful. It says:
“The Korea-China summit was held for approximately 100 minutes, starting at 3:50 pm, and in-depth discussions were held on various pending issues, including ways to strengthen practical cooperation between Korea and China in the livelihood sector. Immediately following the summit, a ceremony was held to exchange currency swap agreements signed between the two central banks and six memorandums of understanding (MOUs) signed between the two government ministries to concretize the practical cooperation plans discussed between the two leaders. Afterwards, the two leaders held a friendly meeting at a separate location and also had a state dinner together for approximately 70 minutes starting at 6:15 pm, attended by approximately 100 people from both South Korea and China.”
Key points:
“First, the Lee Jae-myung administration’s public diplomacy, based on national interests and pragmatism, has achieved a comprehensive restoration of Korea-China relations. While it is true that there have been ups and downs in the development of Korea-China relations, we have confirmed that the shared historical experience of overcoming the difficulties of the period of national sovereignty together, despite changes in both domestic and international environments, and the nature of the mutually beneficial cooperation that has driven economic growth in both countries remain unchanged. Building on these important assets of the Korea-China relationship, the two leaders agreed to pursue the mature development of a strategic cooperative partnership between Korea and China that keeps pace with the changing times.
Second, to solidify the foundation for the development of Korea-China relations, we agreed to secure political trust between the governments of both countries and simultaneously build friendly trust at the private level. In particular, they agreed to strengthen strategic communication on pending issues in Korea-China relations and regional and global issues by operating regular high-level communication channels between Korea and China, and to enhance mutual understanding and promote friendly relations between the two peoples through exchanges and cooperation in various fields.
Third, we will pursue mutually beneficial cooperation based on ‘horizontal cooperation’ that reflects the changing structure of Korea-China economic cooperation, thereby producing tangible results of cooperation in areas that benefit the people’s livelihoods. The two leaders welcomed the extension of the Korea-China currency swap agreement, which has been in place since 2009. They agreed to accelerate discussions on substantive progress in the Korea-China FTA services and investment negotiations, diversify consultation channels to revitalize local economies, and strengthen cooperation to stabilize supply chains. Furthermore, they agreed to further develop cooperation in the cultural and environmental sectors to enhance the quality of life of both peoples, while continuing efforts to facilitate mutual visits and promote people-to-people exchanges between the two countries. Furthermore, given the recent situation where citizens of both Korea and China are suffering from transnational scams and crimes, the two countries have agreed to strengthen their cooperation in response under the common interest of ‘stability of the people’s livelihood.’
Fourth, we agreed to strive to ensure that the development of Korea-China relations contributes substantially to both ‘people’s livelihoods’ and ‘peace’. In response to the President’s presentation of our government’s denuclearization and peace-building initiatives and his request for China’s constructive role in resuming dialogue with North Korea, President Xi responded that he would continue efforts to resolve the Korean Peninsula issue and achieve peace and stability on the peninsula.”
The specific agreements that were signed are:
The central banks of the two countries have signed a five-year, 70 trillion won Won-Yuan Currency Swap Agreement.
The two countries signed the MOU on the Korea-China Joint Economic Cooperation Plan (2026-30)
The two countries signed the MOU on Strengthening Exchange and Cooperation in Trade in Services, which supports the establishment of an institutional foundation for economic cooperation between the two countries through substantive progress in the Korea-China FTA services and investment negotiations.
Both countries signed an MOU on cooperation in the ‘silver industry’ and ‘innovative entrepreneurship’ as well as an MOU to facilitate the export of our agricultural products to China.
The MOU on Cooperation in Responding to Voice Phishing and Online Fraud was also signed, which will serve as the foundation for the police authorities of both countries to jointly respond to transnational scam crimes.
An MOU was signed between Chinese media outlets and several Korean media outlets, which is expected to strengthen exchanges and cooperation in the media sector between the two countries and contribute to narrowing the emotional distance between the two peoples.
There’s also this rather cheeky exchange between Xi and Lee, which Manya Koetse shared.
Next, the readout of Xi’s meeting with Japanese Prime Minister Takaichi Sanae says:
“President Xi Jinping pointed out that China and Japan are separated by only a strip of water and are important neighbors to each other. The sustained, sound and steady development of China-Japan relations meets the general expectation of the two peoples and the international community. China will work with Japan to uphold the principles and direction set out in the four China-Japan political documents, maintain the political foundation of the bilateral relations, move the strategic relationship of mutual benefit forward, and remain committed to building a constructive and stable China-Japan relationship fit for the new era. President Xi Jinping stressed that the China-Japan relationship currently faces both opportunities and challenges. China hopes the new cabinet in Japan will establish a correct perception of China, honor the dedication and hard work by the older generations of leaders in both countries and people from different sectors of the two societies, and stay committed to the general direction of peace, friendship, and cooperation.”
He then made the following points:
First, the two countries should truly honor the important common understandings. Concrete actions should be taken to implement the political consensus that the two countries will ‘promote strategic relationship of mutual benefit in an all-round way’, and they should be ‘partners, not threats’ to each other and ‘learn lessons from history and look ahead to the future.’ The clear provisions laid out in the four political documents on major issues of principle such as history and the Taiwan question must be strictly followed and fulfilled, so that the foundation of China-Japan relations will stay sound and unshaken. The Murayama Statement is a serious introspection of Japan’s history of aggression and makes apologies to victim countries. Its spirit should be honored.
Second, the two countries should stay committed to win-win cooperation. The fourth plenary session of the 20th CPC Central Committee has rolled out a blueprint for China’s development in the 15th Five-Year Plan period. There is significant potential for cooperation between China and Japan. The two countries could strengthen partnerships in advanced manufacturing, the digital economy, green development, fiscal policies and finance, medical and elderly care services, and third-party markets, among other areas, and jointly uphold the multilateral trading system and stable and unimpeded industrial and supply chains.
Third, the two countries should foster greater people-to-people ties. They need to have continued communication between governments, political parties and legislatures, and deepen and expand people-to-people and subnational exchanges to improve public sentiment.
Fourth, the two countries should enhance coordination in multilateral affairs. They should uphold the principles of good neighborliness and friendship, equality and mutual benefit, and non-interference in each other’s internal affairs, practice true multilateralism, and contribute to building an Asia Pacific community.
Fifth, the two countries should properly handle differences. They should focus on the big picture, seek common ground while reserving differences, build consensus and manage disagreements, and make sure the relationship will not be defined by problems or differences.
The Japanese readout says:
The two leaders reaffirmed the overall direction of Japan-China relations, which is to comprehensively promote a ‘mutually beneficial relationship based on common strategic interests’ and build a ‘constructive and stable relationship’.
Prime Minister Takaichi noted that given the challenges and issues facing Japan, including security and economic security, it is important to reduce them, increase understanding and cooperation, and achieve concrete results, as well as confirm the leaders’ determination to advance the mutually beneficial relationship based on common strategic interests. The two leaders confirmed the importance of dialogue between leaders and multi-layered communication between Japan and China in a wide range of areas.
The two leaders positively acknowledged the resumption of imports of Japanese fishery products and confirmed that they would continue to properly implement the ‘shared understanding between Japan and China’ announced by the two governments last September. Prime Minister Takaichi called for the smooth import of Japanese fishery products. Prime Minister Takaichi called for the promotion of related consultations toward the early resumption of imports of Japanese beef and the elimination of remaining import restrictions, including agricultural and marine products from 10 prefectures. The two leaders also agreed to advance concrete cooperation in areas such as third-country market cooperation, the green economy, and medical care, nursing care, and healthcare, and to cooperate on global issues.
Prime Minister Takaichi expressed serious concerns about China’s escalation and maritime research activities in the East China Sea, including the waters surrounding the Senkaku Islands, as well as the increasing activity of the Chinese military around Japan, and called for China’s response. The two leaders agreed on the importance of effective crisis management and ensuring communication between defense authorities.
Prime Minister Takaichi expressed strong concerns about China’s export control measures related to rare earths, and the two leaders confirmed that they will strengthen communication between authorities, including through the Japan-China Export Control Dialogue.
Prime Minister Takaichi called for the safety of Japanese citizens who are feeling anxious about their stay in China amid the recent attacks and detentions of Japanese nationals in China, and requested the early release of detained Japanese nationals.
Prime Minister Takaichi emphasized the importance of peace and stability in the Taiwan Strait to the international community, including Japan. She also expressed serious concerns about the situation in the South China Sea, Hong Kong, and the Xinjiang Uyghur Autonomous Region.
Already, however, there are tensions between Beijing and Tokyo over Taiwan. Here’s Xinhua saying that China expressed “firm opposition and has made serious démarches and protests to Japan over the Japanese leader’s wrongful comment and action concerning Taiwan on the sidelines of APEC meetings.” This was because PM “Sanae Takaichi posted on social media photos and comments about her meeting and exchange with personnel of the authorities of China’s Taiwan region during APEC Leaders’ Week, referring to the person as ‘Senior Advisor to the Presidential Office of Taiwan’.”
The Chinese side said that this “sent a gravely wrong signal to the ‘Taiwan independence; forces…Those actions are egregious in nature and impact.”
Next, the readout from Xi’s meeting with Canada’s Mark Carney said:
“President Xi noted that this year marks the 55th anniversary of China-Canada diplomatic relations and the 20th anniversary of the China-Canada strategic partnership. Through the joint efforts of both sides, the China-Canada relationship is beginning to recover and improve. This is in line with the common interests of both countries. China attaches importance to the Canadian side’s stated desire that it seeks to improve bilateral relations in a pragmatic and constructive manner. The meeting provides an opportunity for bringing bilateral relations back to the right track of sound, stable and sustainable development at an early date and delivering more benefits to the two peoples. President Xi underscored that China and Canada should develop an objective and rational perception of one another, view each other in the correct way, and advance the bilateral relations in light of the common and long-term interests of both countries. The two sides should uphold mutual benefit and expand practical cooperation in economy, trade, and energy, among other fields. They should increase people-to-people and cultural exchanges, support deeper mutual understanding between the two societies, and consolidate the public support for stronger ties. The two sides should strengthen coordination and cooperation in the United Nations and other multilateral frameworks, bring about a more just and equitable global governance system, and uphold international fairness and justice.”
“The two sides agreed to resume or restart exchanges and cooperation in various fields, move forward in solving the specific economic and trade issues of mutual concern, consolidate the momentum in the turnaround of their relations, and jointly advance the China-Canada strategic partnership.”
Finally, the readout from Xi’s meeting with Thai PM Anutin Charnvirakul says:
Xi told the Thai PM that: “China stands ready to synergize development strategies with Thailand and share its development experience in the new era. The two sides should accelerate the construction of the China-Thailand Railway, enhance cooperation in the trade of agricultural products, green economy, digital innovation, and other areas to deliver a stronger sense of fulfillment to the peoples of both countries. The two sides should deepen people-to-people exchanges in tourism and youth and at subnational levels, and hold successful activities for the 50th anniversary of their diplomatic ties to foster stronger people-to-people connectivity. It is important to step up the fight against transnational crimes such as online gambling and telecom fraud so as to create a safe environment for bilateral exchanges and cooperation. Facing a world undergoing transformation and turbulence, China is ready to work with Thailand in the implementation of the Global Governance Initiative, uphold international fairness and justice, and safeguard the common interests of the Global South.”
Among other things, Charnvirakul reportedly said that: “Thailand will continue to crack down hard on criminal activities such as online gambling and telecom fraud. The Global Development Initiative, the Global Security Initiative, the Global Civilization Initiative, and the Global Security Initiative proposed by President Xi reflect China’s role as a responsible major country in international affairs. Thailand highly appreciates and actively supports these initiatives. Thailand is willing to strengthen multilateral coordination with China and work together to promote regional peace, stability, and prosperity.”