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US-China Strategic Stalemate; Premier Li Signals Q4 Economic Support; More Nvidia Chips for China?; PRC-Philippine Tensions

Lots of pomp, limited substance in the Xi-Trump meetings. But before we get to a discussion of the Trump-Xi bonhomie, it is worth highlighting the signals from the Monday State Council Executive Meeting. Based on the readout, translated here, the leadership is now worried about economic performance for the rest of the year and may be looking at a Q4 supplementary stimulus

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Lean Right

The Chinese government announced that it will implement stronger economic stimulus measures ahead of the fourth quarter. This means accelerating the implementation of policies already introduced while also unveiling additional new measures. According to Xinhua News Agency on the 28th, Premier Li Qiang convened a State Council executive meeting to discuss measures to respond to the economic downturn. The meeting decided to increase the intensity …

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(Beijing=Yonhap News) Correspondent Jung Sung-jo = Premier Li Qiang, China's "second-in-command," [addressed] economic revitalization measures, such as expanding lending and boosting domestic demand, ahead of the start of the fourth quarter of this year...

·Seoul, Korea (the Republic of)
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“Additional policy packages” will be implemented. According to a statement released after the State Council meeting held on Monday under the chairmanship of Prime Minister Li Qiang, to support economic growth...

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  • 67% of the sources lean Right
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Bloomberg broke the news in New York, United States on Monday, September 28, 2026.
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