US President Donald Trump and Chinese President Xi Jinping concluded their first day of summit talks in Beijing, focusing on economic cooperation and strategic issues amid rising tensions. The meeting highlighted the shifting dynamics between the two superpowers, particularly in areas like military spending, trade, technology, and rare earth minerals.

• 01The US leads in nominal GDP but China has surpassed it in purchasing power parity.
• 02China is the world's largest exporter, while the US runs a significant trade deficit.
• 03The US dominates military spending, but China is rapidly modernizing its military capabilities.
• 04Technology and AI are critical sectors in the US-China rivalry, with the US leading in advanced sectors.
• 05China holds the largest reserves of rare earth minerals, crucial for technology and military applications.

The outcomes of the summit may influence global trade policies and economic relations, affecting businesses and consumers in both countries.