Beijing is stacking up its bargaining chips ahead of expected U.S.-China talks when Presidents Donald Trump and Xi Jinping visit South Korea's Gyeongju, announcing new export controls to tighten its grip over high-tech manufacturing supply chains.

Beijing has yet to approve the sale of TikTok U.S., increase soybean purchases or ease export controls, despite several rounds of U.S. trade talks.

President Trump tried to reduce tension with China after threatening 100% tariffs on imports over rare earth export restrictions and after China warned it will take corresponding measures.

The government has published witness statements submitted by a senior official connected to the collapse of a trial involving two men accused of spying for China.

China is once again rolling out the big cannon of curbs on metals and minerals vital to the global energy transition, as well as key components in weapons and electronics.

Treasury Secretary Bessent and US Trade Representative Jamieson Greer slammed China in a joint press conference on Wednesday, saying the country violated an earlier accord with the US by asserting export controls on rare earths.

The S&P 500 and Nasdaq 100 surged 1.6% and 2.2%, respectively, on October 13, marking their best intraday rally since May. Click for more on Market Outlook.

The conference was billed as a celebration of China’s achievements in supporting women. But the government has mostly wiped out independent advocacy groups.

Beijing is stacking up its bargaining chips ahead of expected U.S.-China talks when Presidents Donald Trump and Xi Jinping visit Seoul this month, announcing new export controls to tighten its grip over high-tech manufacturing supply chains.

W HEN HE FIRES his trade weapons at China, President Donald Trump often appears to shoot from the hip. Officials in Beijing, by contrast, are said to deliberate much more, convening high-level meetings among ministries and regulators to determine their country’s next steps.