Xi warns Trump that handling Taiwan issue 'poorly' risks a 'clash'
Chinese President Xi Jinping warned Donald Trump at the Beijing summit that mishandling the Taiwan issue risks a 'clash,' Nikkei Asia reported. Markets and diplomats are watching how the Taiwan language is framed in any joint statement.

Chinese President Xi Jinping warned Donald Trump that mishandling the Taiwan question risks a 'clash,' Nikkei Asia reported, in remarks made during talks at the Beijing summit. Xi told Trump that peace and stability across the Taiwan Strait 'serves common interests.'
The U.S. side repeated that it remains committed to its One-China policy, but arms sales to Taiwan and technology export controls continue to flare in the background. Beijing has also brought up its objections over recent ship transits and air-space incursions in the area.
Asia-Pacific stock markets traded cautiously, awaiting the tone of any joint statement. The Taiwanese dollar moved within a narrow range while semiconductor indexes were mostly flat. Diplomatic sources said the Taiwan language is likely to be debated until the very end of negotiations.
More from Asia

Japan long-term bond yields surge past 2.6% as inflation runs hot
Japan's 10-year government bond yield surged past 2.6% as sticky inflation and the lingering Iran-war energy shock continue to weigh, Nikkei Asia reported. Pressure on the Bank of Japan to raise rates further is intensifying.

Explosion at China fireworks factory kills 26 people
An explosion at a fireworks factory in Hunan province, China, killed 26 people and injured 61, according to state media reports.

China scraps tariffs for all but one African nation
China announced it has scrapped tariffs for almost all African nations. This move boosts China's soft power in African states, but may also deepen economic inequalities.