China warns US G20 obstruction could impact future summits, Xi’s visit

China has issued a warning to the United States, stating that ongoing obstructions related to G20 negotiations could jeopardize future summits. This announcement comes amid heightened tensions over tariffs and the Iran crisis, which China claims are detrimental to the global economy. The warning has implications for diplomatic engagements, including a potential visit by Chinese President Xi Jinping to the U.S. before the end of 2026. The current market dynamics surrounding Xi Jinping’s potential visit to the United States reflect a slight decrease in confidence. The probability of Xi visiting by December 31, 2026, has declined from 96% to 94.5% over the past 24 hours. A similar marginal decrease from 95% to 93.3% was observed for a visit by November 1, 2026. These shifts suggest that market participants view the recent diplomatic tensions as reducing the likelihood of Xi’s visit. This development occurs as markets continue to monitor the complex relationship between the U.S. and China, with diplomatic and economic factors playing crucial roles in shaping expectations. Markets are factoring in both the potential for high-level talks to resolve these tensions and the risks of escalat...