Xi Jinping and Trump held a summit in Beijing on May 14, with Xi stating that trade wars produce no winners and that US-China economic cooperation is mutually beneficial. Multiple international outlets confirm the meeting occurred, though English-language reporting indicates the summit's scope was narrower than initially planned—focused on trade deals and reopening the Strait of Hormuz amid the Iran conflict rather than broader strategic realignment. What remains unclear from public statements: whether the 'balanced positive outcomes' Xi referenced translate into concrete commitments, or if this is diplomatic language masking continued strategic competition.