Asia • 2026-05-11 21:40

China's yuan spikes ahead of Xi‑Trump summit as Beijing confirms Trump's visit

The Chinese yuan climbed to a three‑year high in the days leading up to a planned summit between President Xi Jinping and U.S. President Donald Trump. One report focuses on the currency rally, while another notes that Chinese authorities have officially confirmed Trump's upcoming visit to Beijing, setting the stage for a high‑stakes diplomatic meeting. Both pieces agree the summit is expected to address trade, security and technology issues.

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