BUSINESS

Business Brief (Oct. 23): Trump Expects to Reach Trade Deal With China Next Week

Published: Oct. 23, 2025 11:43 a.m. GMT+8

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Trump expects to reach China trade deal next week

U.S. President Donald Trump said he expects the U.S. and China to reach a trade agreement at the upcoming APEC summit. In response, China’s foreign ministry stated that head-of-state diplomacy plays an irreplaceable strategic role in China-U.S. relations, but that it currently has no specific information to provide.

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Trump expects a U.S.-China trade deal at the upcoming APEC summit, while China urges head-of-state diplomacy but provides no details.
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Who’s Who

Honor: Honor has formed a strategic partnership with BYD. This collaboration aims to integrate their respective ecosystems and AI technologies, suggesting a focus on synergistic development between the two companies.

BYD: BYD has entered into a strategic partnership with Honor. This collaboration aims to integrate their respective ecosystems and AI technologies.

Huawei: Huawei has released its new operating system, HarmonyOS 6. This new version supports file transfers with Apple devices, indicating a move towards wider interoperability within the tech sphere.

Unitree Robotics: Unitree Robotics, known as 宇树科技 in Chinese, has successfully finished the initial phase of its prelisting tutoring. This indicates the company is preparing for a potential public offering.

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