So, what went on between Trump and Xi during the China visit?
Hard to say exactly. Here are six points as the NY Post sees it:
1. Taiwan remains a flashpoint …
2. Xi shows willingness to help Trump on Iran [not with the war, but with keeping the Strait open] …
3. Trump teases trade deals and investment — though the summit was light on specifics …
4. Xi ‘open’ to opening up China for US business …
5. Pomp and pageantry reign supreme …
6. Trump and Xi built on their personal connections – but the US-China relationship could still go south
Points 5 and 6 are really just fillers. And of course, there may have been discussions behind the scenes that are not being revealed.
NOTE: Here is the perspective of Larry Kudlow:
Mr. Xi is bluffing [on Taiwan].
In recent weeks he has watched America end his influence in Venezuela, the Panama Canal, soon it will be Cuba, and of course Iran. I mean Communist China’s buying 90 percent of Iran’s oil and gas exports.
But with Mr. Trump’s air-tight blockade of Iranian ports, China is starving for energy. They might make a deal with us, but that too remains to be seen if it comes under Treasury Man Scott Bessent’s investment board idea.
And on top of all that, China’s economy has never recovered from the real estate property crash of a couple years ago. …
My point here is that while China has invested substantially in a strong military, their economy is malfunctioning and their political standing in the world is slipping badly.
All this reminds me of President Reagan and Gorbachev. The American economy was booming in the Reagan 1980s.
This seems somewhat optimistic to me. But, who knows?
And of course, if a Democrat president takes the helm, it all can change. Xi may be trying to wait it out while simultaneously trying to influence US elections in that direction.

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