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Markets brace for high-stakes Trump-Xi meeting in Beijing | Morning Bid

visibility comment0 event May 10, 2026 timer 07:00

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Presidents Trump and Xi are set to meet in Beijing with a packed agenda: the Iran war and its energy implications, trade and tariffs, and a deepening tech rivalry that includes a reported Beijing order for Meta to unwind its investment in Chinese AI startup Manas. Meanwhile, the offshore yuan has hit its highest level in three years ahead of the summit, fueling speculation about exchange rate discussions.

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