Tensions between China and the United States are escalating over export controls ahead of the scheduled meeting between Chinese President Xi Jinping and U.S. President Donald Trump. China has recently tightened restrictions on drone exports and other critical technologies to the United States, in response to American measures targeting telecommunications and other strategic sectors. The market now prices a 93.5% probability of Xi Jinping visiting the United States before December 31, 2026, down from 94% the previous day. This meeting is seen as a critical juncture for bilateral relations, with potential implications for trade agreements and geopolitical stability.
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