Trump Delays Meeting with Xi Jinping
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 16 2026
0mins
Should l Buy CAAS?
Source: CNBC
- Meeting Postponed: Trump announced that the U.S. has requested to delay his planned meeting with Chinese President Xi Jinping, originally set for late March in Beijing, by about a month due to the ongoing war with Iran, highlighting the impact of current international tensions on diplomatic engagements.
- War Impact: Trump emphasized the need to remain in the U.S. due to the war, expressing a desire to resolve tensions with Iran before meeting Xi, which indicates the prioritization of domestic issues in U.S. foreign policy considerations.
- China's Role: Trump mentioned that China, as a major buyer of Iranian oil, should assist the U.S. in breaking the de facto blockade of the Strait of Hormuz, reflecting expectations for a more proactive Chinese role in Middle Eastern affairs.
- Official Clarification: Senior officials clarified that the postponement is primarily for logistical reasons rather than a demand for China to intervene in the Strait of Hormuz, which helps mitigate misunderstandings regarding U.S. diplomatic strategies.
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About CAAS
China Automotive Systems Inc is a holding company principally engaged in the manufacture and sale of automotive systems and components. The Company’s main products include rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps and steering hoses. The Company's major customers include FAW Group, Dongfeng Auto Group Co., Ltd, BYD Auto Co., Ltd, as well as Stellar Group and Ford Motor Company in North America. The Company primarily operates its businesses in the domestic and overseas markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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