The Busan Summit: Redefining US-China Relations in a New Era of Strategic Partnership

Nov 03, 2025 07:27 pm CST

The historic meeting between US President Donald Trump and Chinese President Xi Jinping at the APEC Summit in Busan signals a potentially transformative shift in global power dynamics. What Trump enthusiastically framed as a "G2" summit has yielded not only a significant trade truce but raised profound questions about the emergence of "Chimerica" - a bilateral condominium that could reshape international relations through a new power-sharing arrangement between Washington and Beijing.