When U.S. Treasury Secretary Scott Bessent made a television appearance on Monday to say a Trump-Xi meeting was back on, he said the Chinese had made a “miscalculation” with new restrictions on rare earth exports.
Bessent indicated that amid this trade dispute, the United States is watching as two factions of the Chinese Communist Party (CCP) grapple to determine the future of U.S.-China relations.
Analysts told The Epoch Times that hardliners are trying to rock the boat ahead of the CCP’s critical Fourth Plenum meeting, while another faction led by the old guard are hoping to smooth things over with the United States….
CCP’s Latest Trade Moves Reveal Political Infighting, Say Analysts
