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  • The Xi-Trump summit is likely to be about optics and relationship building with no major policy breakthrough.
  • China enters the talks with stronger leverage, as its trade exposure to US demand has declined sharply.
  • Markets should monitor Phase Three trade talks, any Boeing deals, Iran war coordination, Taiwan arms sales.

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Keywords for: 14 May 2026 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence