For years, the leader of China has planned to make the world dependent on its exports and know-how. But the strategy has costs for his own country.

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are scheduled to meet with Chinese officials in Switzerland this weekend to discuss their trade relationship. Chinese Vice Premier He Lifeng will be among the Chinese delegation.

China and Russia pledged to deepen their relationship and oppose "power politics" amid tough negotiations with President Donald Trump on trade and war.

He expressed confidence that Xi’s visit is meant to underscore China’s dominance over Russia and shatter US hopes of peeling Moscow away from Beijing. Read also: Xi echoes Putin’s war narrative, slams US,

Russian President Vladimir Putin and Chinese President Xi Jinping called President Donald Trump‘s plan for a “Golden Dome” air defense system “deeply destabilizing,” after in-person talks between the two leaders.