CNBC's The China Connection newsletter: Tariffs eased. Trust didn't.
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By Evelyn Cheng
Published on May 25, 2026.
The China Connection is a weekly newsquiz from Beijing, reporting on local businesses following the Trump-Xi summit. Despite an extended truce between the two countries, Chinese companies and U.S. representatives are making the most of this truce to begin deals with deals. Zou Ping, co-founder of AI Speech, said that while tariffs and market access remain the biggest concerns, the bigger challenge is branding. The company is exploring acquisitions and local hiring as part of its US expansion strategy, with discussions with major American retailers such as Best Buy and B&H. Chinese companies are also trying to address data security concerns and tariff-related risks. Despite this, Chinese investment in the US. has decreased over the past decade, but officials are looking for areas where cooperation remains possible.
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