“Yet Xi’s latest trade war tactic may be tipping the geostrategic balance back toward the US as companies around the world think better of doing business in China generally.”
Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held negotiations that the U.S. characterized as constructive. But sources told the Financial Times China was reluctant to ease the export controls.
If Beijing refuses to budge and t… [2270 chars]
Source: Fortune | Published: 2025-10-25T18:43:35Z
Credit: Fortune
