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Xi Jinping

A relationship redefined

Xi Jinping at his meeting with Donald Trump on 14-15 May 2026 in Beijing referred to the Thucydides Trap, a metaphor that refers to the inherent tensions and perils when an established power is challenged by a rising power.

Fragile Momentum

China’s latest growth numbers offer reassurance at first glance, but they obscure a more uncomfortable reality: the world’s second-largest economy is increasingly reliant on external demand at precisely the moment when the global environment is turning hostile.