Chinese president Xi congratulates Trump on election victory- Xinhua

Investing.com
Updated
Mitrade
coverImg
Source: Shutterstock

Investing.com-- Chinese President Xi Jinping congratulated Donald Trump on his victory in the 2024 presidential election, Chinese state media outlet Xinhua reported on Thursday.

A Chinese foreign ministry spokesperson had congratulated Trump on his victory on Wednesday, while CNN reported that Trump and Xi had also spoken over the phone.

The Xinhua report also said Xi called for cooperation between China and the U.S. in a new era, and to strengthen communication while properly managing their differences. 

Trump had maintained a largely harsh rhetoric against China during his campaigning, vowing to impose tariffs of up to 60% on all Chinese imports. Such a move is likely to spark a renewed trade war between the world’s biggest economies. 

Trump beat Kamala Harris in the 2024 election, winning several key swing states. The Republican party was also seen on track for a sweep in Congress, with a red sweep presenting an easy path for Trump to enact any major policy changes.

* The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

goTop
quote
Do you find this article useful?
Related Articles
placeholder
Swiss exports crash 36% in the first month of Trump tariffsSwiss exports dropped by 36% in the first month after Trump imposed tariffs.
Author  Cryptopolitan
18 hours ago
Swiss exports dropped by 36% in the first month after Trump imposed tariffs.
placeholder
Japan loses top global creditor spot to GermanyJapan lost its 34-year reign as the world’s largest creditor nation to Germany at the end of 2024.
Author  Cryptopolitan
22 hours ago
Japan lost its 34-year reign as the world’s largest creditor nation to Germany at the end of 2024.
placeholder
Japan’s National CPI climbs 3.6 % YoY in April, Core CPI rises more than expectedJapan’s National Consumer Price Index (CPI) climbed by 3.6% YoY in April, compared to the previous reading of 3.6%, according to the latest data released by the Japan Statistics Bureau on Friday.
Author  FXStreet
May 23, Fri
Japan’s National Consumer Price Index (CPI) climbed by 3.6% YoY in April, compared to the previous reading of 3.6%, according to the latest data released by the Japan Statistics Bureau on Friday.
placeholder
UK inflation unexpectedly surges to 3.5% after rate cutsUK inflation moved in the wrong direction in April, jumping to 3.5% just weeks after the Bank of England cut interest rates.
Author  Cryptopolitan
May 21, Wed
UK inflation moved in the wrong direction in April, jumping to 3.5% just weeks after the Bank of England cut interest rates.
placeholder
Japan’s 40-year bond yield hits 20-year high. The entire world should be very worriedJapan’s bond market just fired a warning shot at the global economy. The country’s 40-year government bond yield surged to 3.445% on Monday, the highest it’s been in two decades.
Author  Cryptopolitan
May 19, Mon
Japan’s bond market just fired a warning shot at the global economy. The country’s 40-year government bond yield surged to 3.445% on Monday, the highest it’s been in two decades.