Trump and Xi summit may just be a'horse and pony show', experts say Share Trump and Xi summit may just be a'horse and pony show', experts say on social media As United States President Donald Trump rolled out the red carpet for Chinese President Xi Jinping with a rare personal welcome at the airport, to be followed by a state banquet and a military flyover, experts warn to temper expectations as the summit is more focused on "re-establishing trust" rather than having any meaningful deals announced at the end of it. The US and China have been locked in a trade war since Trump's first term as president when he introduced levies on imports of certain industrial goods, and Beijing retaliated with tariffs on a range of US exports including soya beans, pork and electric vehicles. Some of those policies continued under Trump's successor, President Joe Biden, who also introduced other measures, including curbs on chip exports. While both sides have since stepped back from that cliff after the two leaders met in late October in Busan on the sidelines of the APEC summit in South Korea, US tariffs are still at a hefty average of 36.5 percent, while China's tariffs on US goods average out to 31 percent. "This is not a bargaining summit," Reza Hasmath, academic faculty adviser at The China Institute at the University of Alberta, told Al Jazeera.

This material may not be published, broadcast, rewritten, or redistributed. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset . Powered and implemented by FactSet Digital Solutions . Mutual Fund and ETF data provided by LSEG .

Top economic officials from China and the United States have begun talks in New York City aimed at clearing the way for possible agreements on trade, artificial intelligence and critical minerals ahead of a meeting between US President Donald Trump and Chinese President Xi Jinping later this week. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng began talks at JPMorgan Chase's Manhattan headquarters on Sunday morning, with US Trade Representative Jamieson Greer also taking part. "I'm looking forward to having focused, fulsome and constructive talks today that will set the stage for our leaders' meeting," Bessent told reporters as he arrived. At the top of the agenda is a fragile US-China trade truce due to expire on November 10. The agreement, reached in Busan, South Korea, last November, capped US tariffs on Chinese goods at about 20 percent after a tit-for-tat trade fight briefly pushed tariffs into the triple digits.

Follow this section to personalize your feed and get instant alerts. Follow Go to your personalized feed WHY FOLLOW? Smart Alerts: Get notified about major news as it happens. Follow this tag to personalize your feed and get instant alerts. Follow Go to your personalized feed WHY FOLLOW?

South Korea's new manager Robert Moreno dismisses'AI coaching' allegations Share'Fake news': South Korea's manager Moreno dismisses AI coaching allegations on social media South Korea's new interim football coach Robert Moreno has denied allegations that he relied on artificial intelligence during his last coaching role but admitted to using technology in his work. Addressing his first news conference as the Taegeuk Warriors' temporary coach on Monday, Moreno promised to make South Korean football fans "happy". The Spaniard was appointed as the Asian giants' temporary coach following a disastrous few months for the team and the country's football federation, during which on-field results and off-field controversies left the fans bitterly disappointed. Moreno, who was forced to deny earlier this year that he used ChatGPT to prepare for games, will be in charge for friendly matches in the coming months. He addressed allegations that he used artificial intelligence during his time in charge of Russian club Sochi, saying "It was a piece of news that is completely false and went viral."

Mashable Selects Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Creator Playbook Look Up Back to School Say More Trending Now Good Connection: Uplifting stories for a digital age Switch Off Mashable Voices Safety Net Versus All Series BTS'Arirang' World Tour: How to watch it live in cinemas Shannon Connellan is Mashable's Senior Editor, General Assignments, based in London. She has been Mashable's UK Editor (and still manages the illustrious UK team) and Australia Editor, but emotionally, she lives searching for . A Tomatometer-approved critic, Shannon writes about entertainment, tech, social good, science, culture, and Australian horror, and loves to nerd out with movie stars, filmmakers, and TV creators . All products featured here are independently selected by our editors and writers. If you buy something through links on our site, Mashable may earn an affiliate commission.

Tycoon to pay ex-wife $1.87bn in record South Korea divorce settlement Image caption, Kwon Hyuk-bin founded South Korea's third-largest video game company A South Korean court has ordered gaming tycoon Kwon Hyuk-bin to pay his ex-wife 2.55tr won ($1.87bn; £1.38bn) in assets, marking the largest divorce settlement in the country's history. Kwon, who founded South Korea's third-largest video game company Smilegate, is one of the country's richest men. Bloomberg puts his net worth at $3bn. Smilegate was wholly owned by him until Wednesday when a court ruled that a 35% stake, valued at about 2.5tr won, be transferred to his wife Lee Hwa-jin. He was also ordered to pay her an additional 65bn won in cash.

South Korea's power demand set to soar on AI boom South Korean Minister of Climate, Energy and Environment Kim Sung-whan checks data of the Han River Flood Control Office's flood forecasting system in Seoul on Sept. 2. | REUTERS SEOUL - South Korea's demand for power in the coming years is set to surge on plans by chipmakers Samsung Electronics and SK Hynix to expand production and the building of new artificial intelligence data centers, according to the country's energy minister. Those AI-driven power needs alone will lift South Korea's demand for power by 25 to 30 gigawatts, the Minister of Climate, Energy and Environment Kim Sung-whan said in an interview this month. On top of that, the country will also need to contend with increased power demand due to the shift to electric vehicles from gasoline-engine cars and to heating via electricity rather than gas, he added. In a time of both misinformation and too much information, quality journalism is more crucial than ever. By subscribing, you can help us get the story right.

Mashable Selects Look Up Trending Now Good Connection: Uplifting stories for a digital age Creator Playbook Say More Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Switch Off Mashable Voices Safety Net Versus Gift Ideas For Everyone On Your List All Series Who is The Rat? It's complicated. Shannon Connellan is Mashable's Senior Editor, General Assignments, based in London. She has been Mashable's UK Editor (and still manages the illustrious UK team) and Australia Editor, but emotionally, she lives searching for . A Tomatometer-approved critic, Shannon writes about entertainment, tech, social good, science, culture, and Australian horror, and loves to nerd out with movie stars, filmmakers, and TV creators . All products featured here are independently selected by our editors and writers.

Could robots be the future of theme parks? To play this video you need to enable JavaScript in your browser. Could robots be the future of theme parks? This is Galway Robot Park, a 16,500-square-meter venue that's opened near Seoul in South Korea . The company behind the park says their aim is to bring artificial intelligence and robotics into the world of entertainment.