On the eve of a Trump–Xi summit, the tempo suddenly shifted. Washington escalated sanctions tied to Russian energy, the EU piled on in sync and named multiple on- and offshore companies; a twin squeeze on energy and technology is putting simultaneous pressure on Beijing’s oil imports and rare-earth leverage. Meanwhile, word from an upcoming meeting in South Korea is that they will talk directly about “how to end the Russia–Ukraine war” and about “nuclear limits.” Soybean purchases, supply-chain restructuring, and a tug-of-war over chip data—all are on the table.Welcome to China Insights — your window into the real China, beyond the veil.
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