Chances are, US-China truce will be extended at Shenzhen Apec summit

AI Summary

The article says a US-China trade truce is likely to be extended during a prospective summit in Shenzhen. The agreement suspended some export restrictions, including US port fees on Chinese-built vessels and Chinese controls on rare earth exports, as the two leaders pursue further talks.

At their October meeting in South Korea last year, US President Donald Trump and Chinese President Xi Jinping, recognising mutual vulnerability to export restrictions, agreed to suspend some of the most draconian measures they had imposed on each other: US port fees on Chinese-built vessels and Chinese export controls on rare earths. They also announced further summit-level talks. The leaders have since met twice: Trump visited Beijing in May, Xi visited Washington in September. They are...