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Polish Foreign Minister Radosław Sikorski has questioned Russia's status as a permanent member of the UN Security Council, arguing that Moscow took over the Soviet Union's seat in 1991 without a vote. He contrasted this with China, where the UN formally decided that the People's Republic of China would represent the country. His comments fuel ongoing debate about whether Russia's seat is legitimate.

The United States and China have reached a trade deal to lower tariffs on roughly $30 billion worth of "non-sensitive goods", following a meeting between President Trump and President Xi this week. The agreement is expected to reduce prices on a range of consumer products, including small appliances, toys and holiday items, and is drawing wide attention as a step toward easing trade tensions between the two economies.

ASML, the Dutch maker of advanced chipmaking equipment, says it is not selling its machines in Europe and has warned the region risks falling behind the United States, China and India in semiconductors. The remarks are drawing attention in tech and business circles, with debate over what they mean for Europe's industrial strategy and ambitions to build a domestic chip industry.

Chinese President Xi Jinping concluded his state visit to the United States on Friday. As he departed Washington, senior U.S. government officials saw him off at the airport, where a 21-gun salute was fired in a formal farewell gesture. The visit and its ceremonial send-off are drawing wide attention, with observers weighing what the trip signals for the state of U.S.-China relations.

Elon Musk said Chinese AI models are generally outstanding and that China leads the world on performance per unit of compute. The remarks were carried by the South China Morning Post alongside comments in which he also praised Xi Jinping's leadership, drawing wide attention and debate over whether the praise reflects genuine technical assessment or diplomatic flattery.

Saudi Arabia has withdrawn from a China-led cross-border currency platform, according to the Financial Times. The move marks a retreat from Beijing's efforts to build alternatives to dollar-based international payments, and it will fuel debate over the pace at which Gulf states are willing to align financially with China. The reported decision has drawn wide attention given the kingdom's central role in global oil trade and dollar settlement.

President Trump said he brought Chinese leader Xi Jinping to the National Archives to compare the founding of their two countries, remarking that US history spans 250 years while China's stretches back some 6,000 years. The remarks drew attention for their contrast between American and Chinese civilisational timelines, and for the unusual framing of a presidential meeting centered on historical comparison rather than policy.

US Treasury Secretary Scott Bessent said Iran's economy will collapse "probably within the next 2 weeks," claiming Tehran will make its final oil deliveries to China and then have "NOTHING." He argued Iran is growing desperate for a nuclear deal as sanctions squeeze its oil exports, framing economic collapse as leverage pushing Tehran toward negotiations with Washington.

Elon Musk told CCTV Finance that he recommends people visit China as much as they can, citing the many things to see. He described taking the bullet train from Beijing to Xi'an as a great experience and praised the train stations. The remarks are drawing attention given Musk's business ties to China through Tesla, with supporters seeing validation of China's infrastructure and critics questioning his praise of the country.

Two giant pandas have left China on a flight to Zoo Atlanta, where they will live on loan from the Chinese government. The transfer continues Beijing's long-standing practice of "panda diplomacy," using the animals to strengthen ties with other countries. The pandas are expected to become a major draw at the zoo, and the loan is being read as a gesture in US-China relations.

Following this week's summit between Donald Trump and Xi Jinping, China has frozen Iran's money held there, according to claims circulating widely. Commentators note the significance: China previously bought around 90% of Iran's oil exports before Trump's blockade, so the move is being read as a major diplomatic shift and a sign of changed global alignments.

Chinese regulators are considering letting ByteDance and Alibaba purchase new Nvidia chips, according to a report by The Information picked up by Reuters. The potential approval would mark a shift in Beijing's stance on access to advanced US semiconductors amid ongoing trade tensions and export restrictions, and is drawing attention from tech and markets watchers.

The Chinese government has signaled it may allow companies such as Alibaba and ByteDance to purchase Nvidia's new RTX Pro 5500 chips, according to a report by The Information citing people familiar with the matter. The potential approval would mark a notable opening for US chip access to Chinese tech firms amid ongoing export restrictions.

At least a dozen Chinese banks plan to wind down their retail leveraged precious-metals trading services, according to a widely shared report. The move restricts retail investors' access to leveraged gold and silver products at a time when demand for physical precious metals in China is described as surging.