The trade competition between China and the US has become one of the most important topics on the world agenda. How are the latest developments affecting the strategic moves of both countries?

Chinese President Xi Jinping met with Donald Trump at a summit in South Korea, reaching an agreement to pause the trade war. Xi stated, "I have always believed that China's development should go hand in hand with your vision of 'Making America Great Again.'" However, these sincere expressions could not hide the fact that China is now in a stronger economic position.

While Trump decided to lower tariffs, China also resumed soybean purchases. However, the parties remain unable to agree on geopolitical issues such as Taiwan and the South China Sea.

Professor Shao from Fudan University stated that the summit only created a "tactical softening." China is focusing on increasing domestic demand and will announce its new five-year plan in March.

Trump emphasized that his relations with China have been good in the last six months but that he must always be cautious. He indicated that he is open to compromise despite the escalation of the trade war.