I T IS THE start of the most important week of diplomacy for Donald Trump since he returned to office. A meeting between the American president and his Chinese counterpart, Xi Jinping, is planned for October 30th and comes after Mr Trump’s whistlestop tour of many of his country’s most important Asian allies.

Investors sent major global indexes higher on optimism that President Trump and China’s top leader, Xi Jinping, could reach a wider agreement this week.

Secretary of State Marco Rubio says "walking away from Taiwan" is not on the agenda for this week's talks in South Korea between President Donald Trump and his Chinese counterpart, Xi Jinping. Newsweek reached out to the White House and to the Chinese Foreign Ministry via email for comment outside of regular office hours.

Canadian Prime Minister Mark Carney said Monday he expects to meet Chinese leader Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation summit in South Korea. He told reporters in Malaysia that he expects the talks to focus on the trading relationship between Canada and China, and the upheaval in the global economic backdrop.

Nearly one in six officials who had Central Committee seats were absent from a major conclave, many of them now disgraced.

President Donald Trump and Chinese President Xi Jinping could "consummate" the TikTok deal announced last month when they meet on Thursday, Treasury Secretary Scott Bessent said.

The officials were accused of major financial crimes, sparking intense speculation about instability within Xi Jinping’s regime. Reports suggested that President Xi might be under internal pressure after loyalists were removed from power.

Trump's Asia summit tour includes meetings with Chinese President Xi Jinping and other regional leaders as trade tensions with Beijing escalate.