US President Trump says had an incredible meeting with Chinese President Xi, also notes that he's having dinner tonight with Anthropic's head at 10pm and will be meeting with Anthropic on Tuesday, adds Anthropic's Dario is very highly respected.
US President Trump says had an incredible meeting with Chinese President Xi, also notes that he's having dinner tonight with Anthropic's head at 10pm and will be meeting with Anthropic on Tuesday, adds Anthropic's Dario is very highly respected.
PBoC sets USD/CNY mid-point at 6.7399 vs Exp. 6.7085 (prev. 6.7489)
China Commerce Ministry says we look forward to expanding China-US collaboration in the coal sector and that the sides agreed to form an agricultural working group, have also agreed to set up communication channel for AI incidents
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Says:
- With exception of oil, everything is going down.
- Made tremendous progress regarding meeting with Xi and a lot of good things are happening.
Bilateral readouts framed in superlatives are a familiar pattern in US-China dealings under this administration, and the historically established sequence is that positive atmospherics get tested against concrete deliverables, tariff schedules, export control lists, and purchase commitments, with markets typically fading the rhetoric unless documentation follows. The remark that everything except oil is going down reads as an implicit claim of disinflationary success, and the oil carve-out is notable since crude has historically been the one input the White House leans on directly, via reserve releases and producer diplomacy, when it runs counter to the desired narrative. The Anthropic dinner and follow-up meeting sit in the newer pattern of frontier AI firms being treated as strategic counterparties, with prior engagements of this kind tending to precede moves on compute access, export licensing toward China, or government usage agreements rather than anything company-specific. The follow-ons that matter are any joint statement or fact sheet from the Xi meeting, the composition of the Anthropic discussions, and whether AI export policy surfaces in the days after. Absent text, the signal is directional rather than actionable.
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