China stocks fall on doubts following Trump-Xi meeting

…visit that is set to test relations between the two economic powers. Xi's trip, his first to the United States in nearly three years, was not expected to produce major breakthroughs. However, the two countries agreed to extend their trade truce by two months , US Treasury Secretary Scott Bessent said, according to Reuters. The extension is shorter than the one-year rollover that markets had expected, but it could help preserve stability in bilateral trade relations, UBS…

…for technology trade between Washington and Beijing. Sanjeev Rana, head of North Asia semiconductor research at CLSA, said expectations remained for the two countries to cooperate on AI development and safety, but he did not foresee any easing of US restrictions on chip exports to China , Reuters reported. Some investors took a more constructive view of the longer-term relationship. Charles Wang, chairman of Shenzhen Dragon Pacific Capital Management, said US-China relations could gradually move away…

…of US restrictions on chip exports to China, Reuters reported. Some investors took a more constructive view of the longer-term relationship. Charles Wang, chairman of Shenzhen Dragon Pacific Capital Management, said US-China relations could gradually move away from confrontation towards greater understanding, compromise and coexistence , according to Reuters. For investors, the focus now shifts to whether the Trump-Xi talks can produce concrete agreements beyond the extension of the trade truce, particularly on tariffs, technology restrictions and…