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Visa gets Beijing's green light for bank card business after 40 years of working with China

The incremental approval comes as the U.S. and Chinese presidents are due to meet for a third time this year next month.

Analysis

President Trump and Chinese leader Xi Jinping concluded a state visit in Washington, D.C., characterized by high-profile ceremony but few public policy breakthroughs. While the leaders discussed trade and technology, the contentious issue of Taiwan was reportedly addressed only in private, leaving the status of U.S.-China relations regarding the island unchanged. Observers are now watching for future meetings between the two leaders, which both sides confirmed will occur before the end of the year.

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Forecast

Will the United States and China sign a formal bilateral trade agreement or memorandum of understanding regarding tariffs before March 25, 2027?
No formal agreement signed 61%
Formal agreement or MOU signed 39%

Poll

Should the US prioritize military deterrence in Taiwan or economic engagement with China to ensure stability?

Forecast poll

Will the US government officially restrict Webull's operations in the US due to national security concerns by December 31, 2024?

Forecast · closes Jan 8
Readers say yes –
70%

Reader odds appear once enough people forecast · resolves automatically from reported evidence.