No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, May 7, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Markets

Starmer, Carney, Orsi visit Beijing, China to strike deals

by TheAdviserMagazine
3 months ago
in Markets
Reading Time: 5 mins read
A A
Starmer, Carney, Orsi visit Beijing, China to strike deals
Share on FacebookShare on TwitterShare on LInkedIn


China’s President Xi Jinping (R) and Britain’s Prime Minister Keir Starmer shake hands before their meeting at the Great Hall of the People in Beijing on January 29, 2026.

Carl Court | Afp | Getty Images

BEIJING — Countries that shunned China during its trade dispute with the U.S. are now sending their leaders to Beijing for meetings with Chinese President Xi Jinping — and are keen to strike business deals.

At least five national leaders, including British Prime Minister Keir Starmer and Canadian Prime Minister Mark Carney, have visited Xi in January alone. Uruguay’s President Yamandú Orsi is due to make the trip next week — the first by a South American leader since U.S. President Donald Trump captured Venezuelan leader Nicolás Maduro and his wife in early January.

The Canadian and British leaders’ trips are the first in at least eight years, while a visit by Ireland’s prime minister on Jan. 5 was the first in 14 years. China had closed its borders during the Covid-19 pandemic and only reopened them in earnest in early 2023.

“These visits reflect managed, selective resets under rising U.S. policy uncertainty, rather than a strategic pivot to China,” said Yue Su, principal economist at the Economist Intelligence Unit.

“Keeping communication channels open with Beijing is increasingly seen as preferable to disengagement,” she said, “particularly as the gains from selective resets with China become more visible, and U.S. policy has grown less predictable.”

Since taking office 12 months ago, Trump has wielded tariffs not just on China but a slew of U.S. trading partners. In recent months, he’s increased efforts to ramp up U.S. influence over Venezuela, Iran and Greenland.

It’s an opportunity for Beijing, which has sought to portray itself as not only a partner for developing countries but also as a stabilizing force for the world.

“Maintaining distance from the United States indicates that these countries value ties with China’s large economy,” Cui Shoujun, an international studies professor at Renmin University of China, said in a phone interview Thursday. That’s according to a CNBC translation of his Mandarin-language remarks.

European and other countries may still need to align with the U.S. on security issues, but they are now increasing economic engagement, Cui said.

Facilitating business deals

Large business delegations often accompany national leaders when making state visits. Nearly 60 British companies and cultural organizations sent representatives to accompany the U.K. prime minister on his China trip. British pharmaceutical giant AstraZeneca used the state visit to announce plans to invest $15 billion in China through 2030.

Similarly, during Carney’s visit, Canada agreed to cut tariffs on a limited number of China-made electric cars to 6.1% from 100%, in exchange for lower Chinese tariffs on Canadian canola seeds.

Global businesses have also long been keen to sell to China’s large consumer market, the second-largest in the world.

For their part, Chinese leaders have urged visiting nations to create fair environments for Chinese businesses operating or investing locally. Many Chinese companies, such as electric car makers, have accelerated global expansion plans as domestic growth has slowed.

Beijing has increasingly made clear its efforts to build technological self-sufficiency and hold its own on the global stage.

Earlier this month, the head of the ruling Chinese Communist Party’s international affairs department wrote in the official party newspaper that China’s modernization efforts break a “Western-centric” model and gives developing countries a new choice.

U.S.-China still hold clout

But the overarching question remains tensions between the world’s two largest economies. Some of the visiting nations still count the U.S., not China, as their largest trading partner.

The five countries with leaders who visited in January — Ireland, South Korea, Canada and Finland — have a combined gross domestic product of $8.71 trillion, or less than half of China’s $18.74 trillion GDP, as of 2024 World Bank figures. The U.S. remained far larger with a GDP of $28.75 trillion.

China was the first major economy to retaliate against Trump’s “Liberation Day” tariffs in April 2025. The two countries reached a fragile one-year trade truce in late October, with Trump expected to visit China in April.

The American Chamber of Commerce in China hosted an appreciation dinner on Thursday evening in Beijing while Starmer was visiting, which included representatives from the Chinese side. In an opening address, Chair James Zimmerman urged both Trump and Xi to create a vision for greater global stability.

The potential for the two leaders to meet as many as four times this year marks “a moment for sustained leadership and meaningful progress that should not be missed,” Zimmerman said.

Weekly analysis and insights from Asia’s largest economy in your inbox
Subscribe now

One of the opportunities for Trump and Xi to meet — as well as draw other world leaders to China — is the Asia-Pacific Economic Cooperation forum, which China is hosting this year. The APEC forum is set to hold a senior officials’ meeting in the southern Chinese city of Guangzhou early next month, ahead of the main economic leaders’ meeting in November.

But visiting leaders still must straddle a fine balance when dealing with China.

This week, Trump threatened 100% tariffs on Canada if Ottawa “makes a deal” with China and said it was “very dangerous” for Britain to do business with China. In a nod toward European industry interests, French President Emmanuel Macron threatened China with tariffs a day after he returned from his state visit in December.

“These trips are a hedging strategy,” said Jack Lee, a foreign affairs analyst at consultancy China Macro Group.

“They keep the China channel open as a way to preserve strategic optionality,” he said. But he cautioned that trust, especially between the EU and Beijing, remains limited.



Source link

Tags: BeijingCarneyChinaDealsOrsiStarmerstrikevisit
ShareTweetShare
Previous Post

Dycom Industries – DY: Übernahme verschiebt Fokus Richtung Rechenzentren

Next Post

Accreditors brace for more change under the Trump administration

Related Posts

edit post
The 8 Biggest Mistakes New Cash Flow Investors Make (And How to Avoid Losses)

The 8 Biggest Mistakes New Cash Flow Investors Make (And How to Avoid Losses)

by TheAdviserMagazine
May 7, 2026
0

In This Article Whether you invest actively or passively, the same broad risks apply to cash flow. Watch out for...

edit post
This ‘win-win’ hedge trade is getting popular with traders

This ‘win-win’ hedge trade is getting popular with traders

by TheAdviserMagazine
May 7, 2026
0

A trader works on the floor of the American Stock Exchange AMEX) at the New York Stock Exchange (NYSE) in...

edit post
8 Hacks for Setting up a New Life in Small-Town Panama

8 Hacks for Setting up a New Life in Small-Town Panama

by TheAdviserMagazine
May 7, 2026
0

Editor's Note: This story originally appeared on Live and Invest Overseas. With its cool, spring-like climate, natural beauty, and friendly...

edit post
ADB  billion energy and digital infra push puts Southeast Asia center stage

ADB $70 billion energy and digital infra push puts Southeast Asia center stage

by TheAdviserMagazine
May 7, 2026
0

A solar power plant in Vietnam's Tay Ninh Province. Singapore's central bank is backing bio-energy and solar projects in Southeast...

edit post
Self-Checkout Skimmers Swipe K at Pennsylvania Walmart, Police Say

Self-Checkout Skimmers Swipe $38K at Pennsylvania Walmart, Police Say

by TheAdviserMagazine
May 6, 2026
0

Four scammers have been charged with stealing at least $38,000 from Walmart shoppers in Pennsylvania by allegedly using skimmers placed...

edit post
Perma-Fix Environmental Services Q1 2026 Loss Widens 66.7% Beyond Estimates

Perma-Fix Environmental Services Q1 2026 Loss Widens 66.7% Beyond Estimates

by TheAdviserMagazine
May 6, 2026
0

AlphaStreet Newsdesk powered by AlphaStreet Intelligence PESI|EPS -$0.40 vs -$0.24 est (-66.7%)|Rev $11.1M|Net Loss $7.5M Stock $12.94 (+2.0%) Wider Miss....

Next Post
edit post
Accreditors brace for more change under the Trump administration

Accreditors brace for more change under the Trump administration

edit post
Blurry Line Between Medical and Vision Insurance Leaves Patient With Unexpected Bill

Blurry Line Between Medical and Vision Insurance Leaves Patient With Unexpected Bill

  • Trending
  • Comments
  • Latest
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Florida Warning: With Senior SNAP Benefits Averaging 8/Month, Thousands Risk Losing Assistance in 2026

Florida Warning: With Senior SNAP Benefits Averaging $188/Month, Thousands Risk Losing Assistance in 2026

April 27, 2026
edit post
Minnesota Wealth Tax | Intangible Personal Property Tax

Minnesota Wealth Tax | Intangible Personal Property Tax

May 6, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

April 29, 2026
edit post
NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’

NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’

April 23, 2026
edit post
India signs .1b IAI tanker aircraft deal – report

India signs $1.1b IAI tanker aircraft deal – report

0
edit post
12 Government Benefits You Didn’t Know You Qualify For After 60

12 Government Benefits You Didn’t Know You Qualify For After 60

0
edit post
There’s ‘no chance’ Warsh will be able to get the Fed to cut rates, Paul Tudor Jones says

There’s ‘no chance’ Warsh will be able to get the Fed to cut rates, Paul Tudor Jones says

0
edit post
Ethereum Price Slips as ETH Whales Offload Holdings, What’s Next?

Ethereum Price Slips as ETH Whales Offload Holdings, What’s Next?

0
edit post
Tata and JSW near bn bet on domestic EV research

Tata and JSW near $1bn bet on domestic EV research

0
edit post
The 8 Biggest Mistakes New Cash Flow Investors Make (And How to Avoid Losses)

The 8 Biggest Mistakes New Cash Flow Investors Make (And How to Avoid Losses)

0
edit post
Tata and JSW near bn bet on domestic EV research

Tata and JSW near $1bn bet on domestic EV research

May 7, 2026
edit post
Ethereum Price Slips as ETH Whales Offload Holdings, What’s Next?

Ethereum Price Slips as ETH Whales Offload Holdings, What’s Next?

May 7, 2026
edit post
12 Government Benefits You Didn’t Know You Qualify For After 60

12 Government Benefits You Didn’t Know You Qualify For After 60

May 7, 2026
edit post
The 8 Biggest Mistakes New Cash Flow Investors Make (And How to Avoid Losses)

The 8 Biggest Mistakes New Cash Flow Investors Make (And How to Avoid Losses)

May 7, 2026
edit post
Addiction, emotional distress and dread of dull tasks: AI models ‘behave as though’ they’re sentient

Addiction, emotional distress and dread of dull tasks: AI models ‘behave as though’ they’re sentient

May 7, 2026
edit post
AI Is Everywhere In GTM. Customer Value Isn’t.

AI Is Everywhere In GTM. Customer Value Isn’t.

May 7, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Tata and JSW near $1bn bet on domestic EV research
  • Ethereum Price Slips as ETH Whales Offload Holdings, What’s Next?
  • 12 Government Benefits You Didn’t Know You Qualify For After 60
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.