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Chinese president Xi Jinping speaks at a state banquet for US president Donald Trump at the Great Hall of the People in Beijing. Photograph: Alex Wong\/Getty ImagesShare<\/a><\/p>\nUpdated at\u00a006.32 EDT<\/p>\n
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US treasury secretary Scott Bessent said Washington and Beijing are able to discuss artificial intelligence guardrails because the US is \u201cthe undisputed leader in the world\u201d of AI.<\/p>\n
\u201cThe two AI superpowers are gonna start talking. We\u2019re gonna set up a protocol in terms of how do we go forward with best practices for AI to make sure non-state actors don\u2019t get a hold of these models,\u201d he told CNBC.<\/p>\n
He added: \u201cThe reason we are able to have wholesome discussions with the Chinese on AI is because we are in the lead.<\/p>\n
\u201cI do not think we would be having the same discussions if they were this far ahead of us.\u201d<\/p>\n
Share<\/a>US clears Nvidia chip sales to 10 Chinese firms as CEO looks for breakthrough The US has cleared about 10 Chinese firms to buy Nvidia\u2019s second-most powerful chip in a move that could clear the way for the end of the standoff over tech rivalry.<\/p>\n China dominates the global supply of legacy chips, the older style chip used in everything from washing machines to smartphones, cars and medical devices.<\/p>\n But it lags behind on advanced chips, designed by the likes of Nvidia, used to drive artificial intelligence learning.<\/p>\n Earlier this year three people were charged<\/a> in the US with trying to unlawfully divert cutting edge US AI tech to China, a sign of the frenzied demand to compete on AI.<\/p>\n The presence of Nvidia CEO Jensen Huang, who was not originally expected to join Donald Trump\u2019s trip to China, has raised hopes that a tech deal could be still be rescued.<\/p>\n Nvidia CEO Jensen Huang speaks to the media as he arrives for the meeting between Chinese premier Li Qiang and US business representatives in Beijing. Photograph: Go Nakamura\/AP<\/p>\n Nvidia dominates the AI chip market with Mizuho Securities estimating the company supply between 70% and 95% of the chips used for training by OpenAI\u2019s GPT and others.<\/p>\n Ahead of the summit Trump said he would be asking Xi Jinping<\/a> to \u201copen up\u201d China to allow their \u201cbrilliant people\u201d to \u201cwork their magic\u201d, code for permission to allow US trade companies enter the Chinese market.<\/p>\n Nvidia\u2019s most advanced chips, widely used for training AI models, have faced tighter US restrictions on China sales over the last four years.<\/p>\n Share<\/a> Donald Trump, accustomed to eating McDonald\u2019s, is being forced to expand his palate at tonight\u2019s state banquet in Beijing.<\/p>\n The menu includes lobster in tomato soup, crispy beef ribs, Beijing roast duck, stewed seasonal vegetables, slow-cooked salmon in mustard sauce, pan-fried pork bun and trumpet shell-shaped pastry.<\/p>\n The dinner caps a first day of talks between Trump and Chinese leader Xi Jinping<\/a> that appear to have gone smoothly but offered little by way of substance.<\/p>\n The table setting for US President Donald Trump at the state banquet hosted by Chinese president Xi Jinping at the Great Hall of the People in Beijing. Photograph: Alex Wong\/Getty Images<\/p>\n It is being held in a huge hall in the Great Hall of the People beneath giant chandeliers, blue and gold balconies and an orange backdrop with pagoda-style roofs saying \u2018Welcoming banquet\u2019 with US and China<\/a> flags.<\/p>\n Xi toasted Trump by saying the relationship between China and the US is the most important in the world today and we \u201cmust make it work and never mess it up\u201d. He added that the \u201crejuvenation of China\u201d and \u201cmake America great again\u201d can go hand in hand.<\/p>\n Then Trump delivered a flat speech with few of his usual digressions. He said he had invited Xi to visit the White House on 24 September. Toasting the enduring ties between the American and Chinese people, he described it as \u201cvery special relationship\u201d \u2013 a phrase that might be painful to British ears.<\/p>\n But both of them are at risk of being upstaged by tech billionaire Elon Musk, who was repeatedly asked for photos by Chinese guests and responded by pulling funny faces. Asked by pool reporters about his talks with Xi, Musk replied: \u201cIt was awesome,\u201d before secretary of state Marco Rubio led him away.<\/p>\n Share<\/a>Bessent: ‘Trump understands sensitivities around Taiwan issue’<\/p>\n US treasury secretary Scott Bessent said Donald Trump understands the sensitivities around the issue of Taiwan and will speak on the matter in the coming days.<\/p>\n The US president has not commented on Taiwan, the self governing island that Beijing considers its territory, nor was it mentioned in a White House statement of Trump\u2019s meetings with Xi Jinping<\/a> in Beijing today. The Chinese government, in its readout of the summit, said Xi warned Trump that the Taiwan issue could send relations down a \u201cdangerous\u201d path and even lead to conflict.<\/p>\n In an interview with CNBC, Bessent said: \u201cPresident Trump understands the issues here and understands the sensitivities around all this, and anyone who has been saying otherwise does not understand the negotiating style of Donald Trump.\u201d<\/p>\n Share<\/a>Trump invites Xi to Washington in September<\/p>\n Trump raises a glass to Xi, as he concludes his speech with an invitation to the White House on 24 September.<\/p>\n US president Donald Trump makes a toast during a state banquet hosted by Chinese president Xi Jinping at the Great Hall of the People in Beijing. Photograph: Alex Wong\/Getty ImagesShare<\/a><\/p>\n Updated at\u00a006.50 EDT<\/p>\n Giving more examples of how close the US and China<\/a> have grown over the years, Trump said Chinese people \u201cnow love basketball and blue jeans\u201d.<\/p>\n He also claimed Chinese restaurants in the US today \u201coutnumber the five largest fast food chains in the United States all combined. That\u2019s a pretty big statement\u201d.<\/p>\n Share<\/a><\/p>\n Trump said the US and China<\/a> have \u201cfrom the beginning \u2026 shared a deep sense of mutual respect\u201d, giving the example of Benjamin Franklin publishing the sayings of Confucius in his colonial newspaper.<\/p>\n Share<\/a>Trump says talks with Xi ‘extremely positive and productive’<\/p>\n Donald Trump is now addressing the state dinner. The US president hailed a \u201cfantastic day\u201d and thanked Xi Jinping for \u201ca magnificent welcome like none other\u201d.<\/p>\n He added:<\/p>\n double quotation markWe had extremely positive and productive conversations and meetings today with the Chinese delegation earlier, and this evening is another cherished opportunity to discuss among friends some of the things that we discussed today.<\/p>\n Donald Trump speaks at a state banquet with Chinese President Xi Jinping. Photograph: Evan Vucci\/ReutersShare<\/a><\/p>\n Updated at\u00a006.47 EDT<\/p>\n Xi ended his speech with \u201cganbei\u201d \u2013 the Chinese equivalent of \u201ccheers\u201d \u2013 and raising his glass to Trump.<\/p>\n Xi proposes a toast during a state dinner with Trump. Photograph: Mark Schiefelbein\/APShare<\/a>Xi: ‘US and China should be partners, not rivals’<\/p>\n Xi said he and Trump have kept China-US relations \u201cgenerally stable\u201d.<\/p>\n He added:<\/p>\n double quotation markToday, president Trump and I had in-depth exchanges on China-US relations and the international and regional dynamics. We both believe that the China-US relationship is the most important bilateral relationship in the world. We must make it work and never mess it up.<\/p>\n Both China and the United States stand to gain from cooperation and lose from confrontation. Our two countries should be partners rather than rivals.<\/p>\n Chinese president Xi Jinping speaks at a state banquet for US president Donald Trump at the Great Hall of the People in Beijing. Photograph: Alex Wong\/Getty ImagesShare<\/a><\/p>\n Updated at\u00a006.32 EDT<\/p>\n Xi compares his rejuvenation efforts in China with Trump’s Maga movement<\/p>\n Xi hailed a \u201chistoric visit\u201d as he extended a warm welcome to Trump and other guests.<\/p>\n He said:<\/p>\n double quotation markThe people of China and the United States are both great peoples, achieving the great rejuvenation of the Chinese nation and making America great again can go hand in hand.<\/p>\n We can help each other succeed and advance the wellbeing of the whole world.<\/p>\n Share<\/a><\/p>\n Updated at\u00a006.54 EDT<\/p>\n Trump and Xi have arrived at the state banquet, where they are seated next to each other.<\/p>\n Xi is now delivering a speech, follow along for more.<\/p>\n Donald Trump and Xi Jinping arrive at the state dinner at the Great Hall of the People in Beijing. Photograph: Mark Schiefelbein\/APShare<\/a><\/p>\n Updated at\u00a007.30 EDT<\/p>\n Looks like the tech leaders accompanying Trump on his China<\/a> trip and some other US officials have arrived early for the banquet dinner in the Great Hall of the People.<\/p>\n US secretary of state Marco Rubio and Elon Musk arrive prior to a state dinner at the Great Hall of the People in Beijing. Photograph: Mark Schiefelbein\/APUS treasury secretary Scott Bessent and secretary of defence Pete Hegseth speak ahead of the state banquet. Photograph: Brendan Smialowski\/AFP\/Getty ImagesThe table setting for US president Donald Trump at the state banquet. Photograph: Brendan Smialowski\/AFP\/Getty ImagesShare<\/a><\/p>\n Donald Trump has arrived at the state banquet in Beijing where more pageantry awaits.<\/p>\n Donald Trump sits in his official vehicle known as “The Beast” as the motorcade drives through Beijing. Photograph: H\u00e9ctor Retamal\/AFP\/Getty ImagesShare<\/a><\/p>\n Taiwan said it would \u201cmaintain close communication\u201d with the US and that Donald Trump\u2019s meeting with Xi Jinping contained \u201cno surprises\u201d.<\/p>\n Xi warned Trump that the issue of Taiwan, which Beijing views as its own territory, could lead to conflict and \u201can extremely dangerous situation\u201d, according to a readout of their meeting by the Chinese foreign ministry.<\/p>\n Taiwan\u2019s mainland affairs council deputy head and spokesperson Liang Wen-chieh brushed off those comments, saying the self-governing island is almost always discussed in meetings between the US and China<\/a>.<\/p>\n \u201cSo at this point, all we can say is that there has been no surprising information so far and we will continue to maintain close communication with the American side,\u201d he said, adding that comments about conflict had been made before.<\/p>\n Share<\/a>Putin visit to China will ‘take place soon’, Kremlin says<\/p>\n Russian president Vladimir Putin will visit China<\/a> very soon and preparations for the trip are already complete, Kremlin spokesperson Dmitry Peskov said.<\/p>\n Putin and Xi Jinping<\/a> have met more than 40 times over the years, most recently in Beijing last September.<\/p>\n The two men signed a \u201cno limits\u201d strategic partnership in February 2022, less than three weeks before Russia went to war in Ukraine.<\/p>\n Vladimir Putin speaks with Xi Jinping after a group photograph during a visit in September 2025. Photograph: Alexander Kazakov\/AFP\/Getty ImagesShare<\/a><\/p>\n Updated at\u00a005.41 EDT<\/p>\n Here are some of the latest images on the wires coming out of the Trump-Xi summit<\/p>\n Donald Trump greets vice-president of China Han Zheng. Photograph: Alex Wong\/Getty ImagesDonald Trump watches as members of his delegation, including Tesla\u2019s Elon Musk and Nvidia president Jensen Huang, are greeted by Han Zheng at Beijing international airport. Photograph: Brendan Smialowski\/AFP\/Getty ImagesUS luminaries including secretary of war Pete Hegseth pose for a picture before attending the state banquet in Beijing. Photograph: Alex Wong\/Getty ImagesChina’s President Xi Jinping and Donald Trump visit the Temple of Heaven in Beijing. Photograph: Brendan Smialowski\/AFP\/Getty ImagesShare<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Xi: ‘US and China should be partners, not rivals’ Xi said he and Trump have kept China-US relations…\n","protected":false},"author":2,"featured_media":441242,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-441241","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/441241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=441241"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/441241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/441242"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=441241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=441241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=441241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Lisa](\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/05\/1778759350_895_Lisa-OCarroll-byline-004.jpg\")
Lisa O\u2019Carroll<\/p>\n![\"David](\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/05\/David_Smith.png\")
David Smith<\/p>\n