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Donald Trump’s surprise attack on Venezuela has generated debate over whether the US leader set a precedent for Xi Jinping to undertake a similar strike in Taiwan. But the stakes for Beijing are far higher — economically and politically. Nectar Gan explains:

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Bloomberg

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Xi Jinping and Donald Trump opened the high-stakes meeting in Beijing with the US president praising the two countries’ ‘fantastic relationship’, followed by the Chinese leader warning that the ‘Taiwan question’ is critical to US-China relations.
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US President Donald Trump and Chinese President Xi Jinping met in China for a closely watched summit. It was a cordial start that later followed blunt remarks from Xi on the Taiwan issue. Annmarie Hordern reports from Beijing.
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Is Taiwan About to Become a Bargaining Chip in the Trump-Xi Meeting? Trump Just Sent Xi Jinping a Brutal Message About Taiwan. As Trump prepares for his high-stakes meeting with Xi Jinping, many fear Taiwan could become a bargaining chip between Washington and Beijing. But Trump’s recent comments calling Taiwan a semiconductor “superpower” may reveal something much bigger: the U.S. increasingly sees Taiwan as central to America’s AI dominance and technological leadership over China. In this video, I break down why Taiwan’s strategic importance has fundamentally changed, how TSMC reshaped America’s thinking, why billions of dollars are flooding into Taiwan, and why Trump may have far less incentive to “sell out” Taiwan than many people think. This is no longer just about geopolitics. It’s about AI, semiconductors, capital flows, and the future balance of global power.

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US stocks advanced, lifted by a rally in tech stocks as investors absorbed generally solid economic data and watched for developments from Beijing, where President Donald Trump was engaged in a high-stakes meeting with his Chinese counterpart Xi Jinping

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