US-China Agree on 'Strategic Stability' Framework; Xi to Visit White House September 24; Bessent Signals Boeing Mega-Deal

Beyond the Taiwan warning and Hormuz agreement, the Trump-Xi summit on May 14 produced a foundational diplomatic outcome: both sides agreed to build a 'constructive China-U.S. relationship of strategic stability' as the governing framework for relations over the next several years — a framing that analysts interpreted as mutual recognition that neither side benefits from unconstrained rivalry. Trump formally invited President Xi Jinping to visit the White House on September 24, 2026 — a date that would mark a historic return visit and potentially the occasion to formalize any US-China agreements struck in Beijing. Treasury Secretary Scott Bessent separately announced the US is nearing a commercial deal for China to purchase a substantial order of Boeing aircraft, with specific terms under negotiation. A major Boeing deal would provide a significant boost to the US aerospace sector which has been under pressure, and Boeing's stock saw positive movement on the news. Nvidia's Jensen Huang participated in the CEO delegation (alongside Tesla/SpaceX's Elon Musk) and was positioned to discuss AI chip export rules — a flashpoint issue as the Trump administration had previously imposed strict AI chip export controls on China that Beijing sought loosened. AI governance guardrails were formally on the bilateral agenda.