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Xi, Trump agree to deepen economic ties, advance trade consensus at South Korea meeting

( October 30, 2025, 06:50 GMT | Official Statement) -- MLex Summary: Chinese President Xi Jinping met US President Donald Trump in Busan on Thursday, with both sides agreeing to deepen economic and energy cooperation, expand exchanges in areas such as artificial intelligence and antimoney laundering, and keep regular contact among counterpart departments. According to state media Xinhua, Xi said China and the US should act as partners, not rivals, and urged both teams to advance follow-up work for trade consensus, turning agreements into “tangible outcomes” that would stabilize bilateral ties and reassure global markets. Trump said he looked forward to visiting China early next year and invited Xi to visit the US.The statement follows:...

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