No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, July 29, 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
6 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
How to Replace a ,000 Salary with Rental Property Cash Flow (Step by Step)

How to Replace a $65,000 Salary with Rental Property Cash Flow (Step by Step)

by TheAdviserMagazine
July 29, 2026
0

If you’re trading your time for a paycheck and depending on someone else for financial “security,” real estate investing could...

edit post
Greif Releases Q3 2026 Financial Results

Greif Releases Q3 2026 Financial Results

by TheAdviserMagazine
July 28, 2026
0

AlphaStreet Newsdesk powered by AlphaStreet Intelligence GEF|EPS $1.61 vs $1.12 est (+43.7%)|Rev $1.17B|Net Income $77.8M Q3 2026 adjusted earnings at...

edit post
90-Degree Days Mean No Power Shutoffs for These Californians

90-Degree Days Mean No Power Shutoffs for These Californians

by TheAdviserMagazine
July 28, 2026
0

It’s hot. You’ve missed bills. And you’re worried about your power being shut off during the days you need it...

edit post
Mondelez International Releases Q2 2026 Financial Results

Mondelez International Releases Q2 2026 Financial Results

by TheAdviserMagazine
July 28, 2026
0

AlphaStreet Newsdesk powered by AlphaStreet Intelligence MDLZ|EPS $0.73 vs $0.69 est (+5.8%)|Rev $9.36B|Net Income $1.55B Mondelez International, Inc. delivered Q2...

edit post
Want a Cheap High-Performance Car? Here Are 6 for Less Than K

Want a Cheap High-Performance Car? Here Are 6 for Less Than $40K

by TheAdviserMagazine
July 28, 2026
0

New car prices are averaging close to $50,000, and sticker prices can trend even higher if you’re in the market...

edit post
44 states say CFTC has no authority over sports prediction markets

44 states say CFTC has no authority over sports prediction markets

by TheAdviserMagazine
July 28, 2026
0

The Commodity Futures Trading Commission headquarters in Washington, Dec. 23, 2022.Ting Shen | Bloomberg | Getty ImagesA coalition of 44...

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
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Top Democrats Are Trapped in a Catch 22

Top Democrats Are Trapped in a Catch 22

July 6, 2026
edit post
2 judges suspended in separate cases after being indicted on criminal charges

2 judges suspended in separate cases after being indicted on criminal charges

July 9, 2026
edit post
Full stack observability co groundcover raises 0m

Full stack observability co groundcover raises $100m

0
edit post
Aluminum’s Heavyweight | Mises Institute

Aluminum’s Heavyweight | Mises Institute

0
edit post
Hungary Set to Drop Tough National Crypto Rules After Near-Total Industry Exodus

Hungary Set to Drop Tough National Crypto Rules After Near-Total Industry Exodus

0
edit post
How to Replace a ,000 Salary with Rental Property Cash Flow (Step by Step)

How to Replace a $65,000 Salary with Rental Property Cash Flow (Step by Step)

0
edit post
Conduit H1 Earnings Call Highlights

Conduit H1 Earnings Call Highlights

0
edit post
I’ve Been Writing About Money for 35 Years. Here Are 9 Things I Got Dead Wrong.

I’ve Been Writing About Money for 35 Years. Here Are 9 Things I Got Dead Wrong.

0
edit post
Full stack observability co groundcover raises 0m

Full stack observability co groundcover raises $100m

July 29, 2026
edit post
Conduit H1 Earnings Call Highlights

Conduit H1 Earnings Call Highlights

July 29, 2026
edit post
Aluminum’s Heavyweight | Mises Institute

Aluminum’s Heavyweight | Mises Institute

July 29, 2026
edit post
I’ve Been Writing About Money for 35 Years. Here Are 9 Things I Got Dead Wrong.

I’ve Been Writing About Money for 35 Years. Here Are 9 Things I Got Dead Wrong.

July 29, 2026
edit post
How to Replace a ,000 Salary with Rental Property Cash Flow (Step by Step)

How to Replace a $65,000 Salary with Rental Property Cash Flow (Step by Step)

July 29, 2026
edit post
Fortinet – FTNT: Geht da noch mehr?

Fortinet – FTNT: Geht da noch mehr?

July 29, 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

  • Full stack observability co groundcover raises $100m
  • Conduit H1 Earnings Call Highlights
  • Aluminum’s Heavyweight | Mises Institute
  • 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.