{"text":[[{"start":9.78,"text":"Donald Trump and Xi Jinping will meet two more times this year after a summit in Washington that was rich in pomp but failed to resolve tensions over US claims that China is not honouring its pledge on rare earth exports."}],[{"start":22.64,"text":"The White House and the Chinese foreign ministry said the presidents would meet at the Asia-Pacific Economic Cooperation forum in Shenzhen in November and at the G20 in Miami in December, according to separate statements released after Xi left Washington on Friday following a three-day state visit to the US."}],[{"start":40.6,"text":"The White House said the countries “continue to work on US concerns regarding supply-chain shortages related to rare earths and other critical minerals”."}],[{"start":49.84,"text":"The Chinese statement said Xi and Trump had told their economic teams to implement agreements reached before their October 2025 summit in Busan which included a one-year trade war ceasefire."}],[{"start":61.64,"text":"Two days before the Washington summit, Treasury secretary Scott Bessent said the two sides had agreed to extend the truce to January 10. China wanted to extend it until Trump leaves office, but the US refused because it wants Beijing to improve the flow of rare earth exports, according to US officials."}],[{"start":79.64,"text":"A senior US official this week told the FT that China was fulfilling two-thirds of the pledge it had made on rare earth exports in the South Korean port city of Busan."}],[{"start":89.32,"text":"In one area where the two statements diverged, China said the US and Chinese militaries had agreed to “conclude a memorandum of understanding on crisis communication”. The Trump administration said that was not true."}],[{"start":101.48,"text":"“This is not accurate and was not even discussed,” a US official told the FT."}],[{"start":106.7,"text":"But the statements included several areas of agreement. In a reference to the Strait of Hormuz, both said: “No country or institution can be allowed to impose tolls on international waterways.”"}],[{"start":117.64,"text":"The White House said Trump also urged Xi to boost China’s production of refined petroleum products in order to stabilise global supplies."}],[{"start":125.64,"text":"Expanding on a phrase first used when Trump visited Beijing in May, the US and China both said they had agreed “to build a constructive . . . relationship of strategic stability on the basis of respect, fairness and reciprocity”."}],[{"start":138.44,"text":"China said the leaders had noted their countries’ co-operation on counter-narcotics, while the White House went further in recognising a Chinese move to put new export controls on fentanyl ingredients. But it urged China to take more action to “help stem the flow” of illegal ingredients to drug traffickers in North America."}],[{"start":156.96,"text":"Some critics had questioned whether the two presidents had accomplished much in a summit that appeared heavier on pomp and pageantry than substance. US Trade Representative Jamieson Greer said on Friday that the US would release more details about the Board of Trade — a mechanism to identify non-sensitive products that will receive lower tariffs — on Monday."}],[{"start":177.96,"text":"“The two leaders genuinely seem to enjoy each other’s company. It’s rare to see Xi so relaxed,” said Bonnie Glaser, a China expert at the German Marshall Fund. “Now that they have committed to attend the Apec and G20 meetings, the odds that relative stability in the bilateral relationship will endure for the rest of the year are high.”"}],[{"start":197.92,"text":"Glaser said there was more overlap in the statements than previous summits but added that she was surprised not to see a reference to Taiwan in the Chinese statement. The US also did not mention Taiwan. Trump said on Saturday that the two leaders “didn’t spend a lot of time talking about Taiwan”."}],[{"start":214.04,"text":"Steve Yates, a China expert at the Heritage Foundation who served as deputy national security adviser to former vice-president Dick Cheney, said the mission of the summit had been “more maintenance than breakthrough”."}],[{"start":225.04,"text":"“Our systems are not aligned to agree on significant or contentious issues. Going in, there may have been concerns about backsliding on tech, Taiwan and trade. No evidence of that has emerged thus far,” Yates added."}],[{"start":238.2,"text":"The White House said the presidents had agreed to refer to AI as “superintelligence” — a phrase that Trump has been promoting — but the Chinese statement said they had set up a “China-US AI Dialogue” to exchange views on risks. It added that the countries would create a bilateral communications channel for AI incidents, which the US had proposed."}],[{"start":257.64,"text":"The US statement said Trump had called for the US, China and Russia to engage in trilateral arms-control negotiations — which China did not mention."}],[{"start":270.8,"text":""}]],"url":"https://audio.ftcn.net.cn/album/a_1790468410_3843.mp3"}