US-China summit yields pact on strategic stability, managing rivalry

Chinese and US leaders met in Washington on Friday, agreeing to build a "constructive strategic stability relationship" based on respect, fairness, and reciprocity, marking a key outcome of their second summit. The agreement, announced in eight consensus points, aims to manage bilateral strategic competition. Scholars noted the explicit addition of these three principles clarifies the relationship's framework, though interpretations of fairness and reciprocity may differ between the two nations. The summit also yielded agreements on AI dialogue, tariff reductions, and coal imports. However, experts highlighted persistent tensions over Taiwan and trade, with the US deferring a $14 billion arms sale to Taiwan and extending a trade truce for two months.