China's Economy Unbalanced, AI Deal Hard to Envision, Stephen Roach Says

President Trump and President Xi have agreed to extend a trade truce, involving tariff reductions on 30 billion dollars worth of goods. Beyond trade, the two leaders established formal communication channels for artificial intelligence and a new dialogue on super intelligence. This development marks a shift toward collaborative management of emerging technologies and economic stability, though significant tensions regarding Taiwan and broader strategic competition remain unresolved.