In terms of international news, this week was in the news for the matter related to China. There was a phone call between US President Donald Trump and Chinese President Xi Jinping. After the tariff war, the relations between the US and China were continuously deteriorating. American Treasury Secretary Scott Besant said last week that the discussion was “stalled”, as we have mentioned in our tracker, and may have a conversation soon. It is also important for the global industries ranging from automobile to defense, given the recent export control over rare minerals by China. Although the sanctions were announced in April, the impact is finally being felt, as the shares of the companies are declining.
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Talk of trump jinping
China and America have agreed to negotiate tariffs. US President Donald Trump himself said this after a conversation with Chinese President Xi Jinping. The two countries have caused turmoil in global trade at such a time due to a standstill of the middle tariff negotiations. The Chinese Foreign Ministry also confirmed the conversation and said that Trump had taken the initiative to negotiate. Trump had said a day earlier that Xi Jinping is very strict and it is difficult to reach an agreement with him. In Russia, Kremlin (Parliament) officer Yuri Ushakov said that the military tension between India and Pakistan was also discussed in the recent phone talks of Russian President Vladimir Putin and US President Donald Trump. According to the Russian agency ‘Tas’, Trump claimed that he played a role in avoiding the struggle with his intervention, although India had already made it clear that the ceasefire was the result of a conversation at the DGMO level of both countries. Meanwhile, special associate of Pakistan Prime Minister Shahbaz Sharif also appealed to Syed Tariq Fatimi to help in Indo-Pak talks from Russia.
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Rare Earth Mineral Consent
Trump also said that he has solved the complexity related to the issue of rare-ear products. According to China’s official media, the phone was made at the request of Trump. The media says that Xi asked Tram to withdraw his business measures that shook the economy.
China working on five year plan
People’s Daily said that the government has started online public consultation for its next five -year plan for national economic and social development. The 15th Five Year Plan (2026-30) will next be in the series of major strategic documents. Government media agency Xinhua said that the first Five Year Plan (1953-57) emphasized heavy industry and industrialization, the aim of the seventh Five Year Plan (1986-1990) was to solve the basic subsistence requirements, and the 14th Five Year Plan (2021-25) The target of building a medium-rich society in all matters was launched in all matters, which was launched on high quality development.
Dragon raised by America’s statement on Tianmen Square
US Secretary of State Marco Rubio reminded of the 1989 Tianmen Square Protests. The statement talked about the bravery of the Chinese people, who were killed trying to use their fundamental freedom and said that freedom, democracy and self -government are not just American theories. Expressing anger over Rubio’s statement, China described it as an attack on the country’s sovereignty. Taiwan President Lai Chingte has also spoken about keeping this incident in memories 36 years ago. China has strongly objected to Rubio as well as the statement of the President of Taiwan.