China, Trump
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China relies heavily on crude oil imports from the Middle East but those supplies are mostly cut off due to Iran's blockade of the Strait of Hormuz.
By Trevor Hunnicutt and Sam Li BEIJING, May 14 (Reuters) - U.S. officials raised the prospect of China buying more American energy after Presidents Donald Trump and Xi Jinping held talks in Beijing on Thursday.
The Trump administration said Wednesday that it transferred 1.4 million acres of land to the state of Alaska to support development of the 200-mile Ambler Road in an effort to open up access for mining in a remote Arctic region.
Trump and Chinese President Xi Jinping are scheduled to meet Friday to close out a two-day summit that has featured pageantry and dealmaking.
Brent crude rose on Friday as traders balanced a potentially softer US-China energy backdrop. The climb in oil prices followed remarks from US President Donald Trump about potential Chinese purchases of American oil,
Trump heads home from China with a meagre goody bag from Xi - ANALYSIS: Just like the failed Putin summit in Alaska, Trump’s China trip brought theatre - but no action, with the US president predictably played by a man he hoped to impress,
The phrase “China’s right to development” carries rhetorical weight in public discourse, yet a critical observer might question who is actually impeding China’s development.
President Donald Trump returns from his two-day summit with Chinese leader Xi Jinping with hints of deals but no progress on key issues that vex the U.S.-China relationship.