No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, June 18, 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
5 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
Wabtec (WAB) Has an Aftermarket and Rail-Modernization Platform Story Bigger Than a Freight Cycle Trade

Wabtec (WAB) Has an Aftermarket and Rail-Modernization Platform Story Bigger Than a Freight Cycle Trade

by TheAdviserMagazine
June 18, 2026
0

Wabtec (WAB) is often grouped with rail-cycle names and treated as a way to trade freight volumes or new locomotive...

edit post
The average SpaceX buyer post-IPO is almost under water after two-day slide

The average SpaceX buyer post-IPO is almost under water after two-day slide

by TheAdviserMagazine
June 18, 2026
0

SpaceX celebrates their IPO at the Nasdaq on June 12th, 2026.Adam Jeffery | CNBCThe average investor who bought SpaceX shares...

edit post
The DTI Trap: Why Traditional Financing Stops Working After Your Second Rental (And What to Do Instead)

The DTI Trap: Why Traditional Financing Stops Working After Your Second Rental (And What to Do Instead)

by TheAdviserMagazine
June 18, 2026
0

In This Article This article is presented by LendingOne. You have two rentals. Both are cash-flowing and performing exactly the...

edit post
Allegiant Air Cut 61 Routes, Including Three in Las Vegas

Allegiant Air Cut 61 Routes, Including Three in Las Vegas

by TheAdviserMagazine
June 18, 2026
0

Allegiant Air, which has origins in Las Vegas, has dropped three routes to the Southern Nevada city as part of...

edit post
Can You Still Succeed With Weekend Trades?

Can You Still Succeed With Weekend Trades?

by TheAdviserMagazine
June 18, 2026
0

Do you think that you have to be in front of your computer nonstop to succeed as a trader? What...

edit post
Smith & Wesson Brands Q4 2026 EPS Tops Expectations by 56.5%, Revenue Up 27%

Smith & Wesson Brands Q4 2026 EPS Tops Expectations by 56.5%, Revenue Up 27%

by TheAdviserMagazine
June 18, 2026
0

AlphaStreet Newsdesk powered by AlphaStreet Intelligence SWBI|EPS $0.36 vs $0.23 est (+56.5%)|Rev $178.4M vs $155.3M est (+14.9%)|Net Income $16.2M Stock...

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
Florida Roads Become a Battleground for Illegal Immigration

Florida Roads Become a Battleground for Illegal Immigration

June 9, 2026
edit post
Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

June 15, 2026
edit post
The 8 States That Still Tax Social Security in 2026

The 8 States That Still Tax Social Security in 2026

June 6, 2026
edit post
It’s Time To Talk About Massie

It’s Time To Talk About Massie

May 23, 2026
edit post
A Tax on Social Media – Blue-State Governments’ Newest Ploy

A Tax on Social Media – Blue-State Governments’ Newest Ploy

June 5, 2026
edit post
Red Snapper Used as Cudgel by Fed Judge

Red Snapper Used as Cudgel by Fed Judge

May 31, 2026
edit post
When Algorithms And LLMs Become Sellers, Your Commerce Strategy Must Change

When Algorithms And LLMs Become Sellers, Your Commerce Strategy Must Change

0
edit post
How to prepare for 4 big risks facing any retirement plan

How to prepare for 4 big risks facing any retirement plan

0
edit post
BP, Socar, NewMed to begin Israel gas exploration

BP, Socar, NewMed to begin Israel gas exploration

0
edit post
Trump claims Iran deal is ‘unconditional surrender’: Axios

Trump claims Iran deal is ‘unconditional surrender’: Axios

0
edit post
Bitcoin ETF outflows expose split demand after Warsh’s Fed debut

Bitcoin ETF outflows expose split demand after Warsh’s Fed debut

0
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

0
edit post
Trump claims Iran deal is ‘unconditional surrender’: Axios

Trump claims Iran deal is ‘unconditional surrender’: Axios

June 18, 2026
edit post
How Jim Rowe Filled a Shopping Desert—With Costco Returns

How Jim Rowe Filled a Shopping Desert—With Costco Returns

June 18, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
SoFi High Yield Savings: Current Rates, Boosts & Promotions

SoFi High Yield Savings: Current Rates, Boosts & Promotions

June 18, 2026
edit post
Pew: Half of U.S. adults under 50 get health information from influencers instead of doctors

Pew: Half of U.S. adults under 50 get health information from influencers instead of doctors

June 18, 2026
edit post
The Expense Ratio on Your Funds Is a Guaranteed Return Drag

The Expense Ratio on Your Funds Is a Guaranteed Return Drag

June 18, 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

  • Trump claims Iran deal is ‘unconditional surrender’: Axios
  • How Jim Rowe Filled a Shopping Desert—With Costco Returns
  • 5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline
  • 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.