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Xi Jinping visits North Korea as nuclear talks drop from agenda

Chinese President Xi Jinping’s diplomatic trip to Pyongyang excludes nuclear weapons discussions, reflecting concerns over Moscow’s growing regional sway and potential US engagement with North Korean leadership.

Author
Owen Mercer
Markets and Finance Editor
Published
Draft
Source: The Economist · original
Business
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Beijing moves to counter Russian influence and prevent a direct US-DPRK summit

Chinese President Xi Jinping has begun a diplomatic visit to North Korea, with reports indicating that nuclear weapons issues have been removed from the discussion agenda. The shift in focus marks a notable development in Beijing’s engagement with its northern neighbour, occurring against a backdrop of complex geopolitical recalibrations in the region.

According to reports, Chinese officials are wary of increasing Russian influence in the area. The absence of nuclear topics from the schedule suggests Beijing is prioritising broader strategic stability and diplomatic positioning over immediate disarmament negotiations, potentially aiming to consolidate its own influence in the region.

There is also reported concern within China regarding the possibility of a future summit between US President Donald Trump and North Korean leadership. By engaging directly with Pyongyang without the immediate pressure of nuclear disarmament talks, Beijing may be seeking to manage the diplomatic landscape and prevent a scenario where Washington and Pyongyang establish a direct bilateral channel that sidelines Chinese interests.

This visit follows a recent two-day summit in Beijing between President Xi and President Trump, which took place on 14 May 2026. That meeting, the first by an American president to China since 2017, focused on trade, artificial intelligence, and regional security concerns such as the Strait of Hormuz. Major technology executives, including Elon Musk, Tim Cook, and Jensen Huang, attended the Beijing summit, underscoring the economic stakes involved in US-China relations.

Market reactions to the broader diplomatic activity have been mixed but generally positive. On Thursday, US stock markets rose as the Beijing summit began, with the Dow Jones Industrial Average gaining 0.8%, the S&P 500 rising 0.3%, and the Nasdaq Composite climbing 0.2%. Additionally, Nvidia shares surged more than 2% following US approval of chip sales, highlighting the continued importance of technology supply chains in the current geopolitical climate.

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