Duo’s lingo: what to watch for in Trump-Xi summit

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• 00:03

  The Economist.

• 00:10

  Hello and welcome to The Intelligence from The Economist.

• 00:12

  I'm Jason Palmer.

• 00:13

  And I'm Rosie Blau.

• 00:19

  Today on the show, the latest in the century-long Coke versus Pepsi battle,

• 00:23

  and a curtain raiser on a particularly fraught Venice Biennale.

• 00:34

  First up, though.

• 00:46

  The two-day summit, originally scheduled for April, was delayed by the regional conflict.

• 00:51

  Even so, both sides seem determined to make it happen.

• 01:00

  a sign of the urgency both sides feel about calming this consequential but often tempestuous relationship.

• 01:08

  The Chinese-American relationship was in a really, really bad way last year.

• 01:14

  They were on the brink of a massive economic conflict that really threatened a global recession.

• 01:20

  Simon Rabinovitch is our Beijing bureau chief and Chaguan columnist.

• 01:25

  They've walked back from the ledge of that,

• 01:28

  and the question for this year is are they going to be able to build something bigger,

• 01:32

  more constructive and more sustainable out of that.

• 01:38

  So just fill in a bit more of that context for us for a minute, Simon.

• 01:41

  Why were US-China relations quite so bad?

• 01:45

  So China and America have been in an on-again off-again trade war going back to Donald Trump's first term,

• 01:51

  really going back to 2018 and at the start of 2025 things were looking really quite dangerous.

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