Yet analysts say the Chinese leader is likely holding out for concrete deliverables before agreeing to the high-profile meeting. Trump dramatically escalated the trade war with the world's second-largest economy in April, rolling out sweeping new tariffs that prompted China to respond with its own export duties and other measures.

From just $2.4 billion in trade in 1975 to nearly $785 billion in 2024, China-EU economic relations have become one of the most vibrant engines of global growth. However, the ties have been disrupted by trade disputes. The issues of disagreement include tariffs on Chinese electric vehicles and China's export control on rare earth elements.

China's reliance on exports for economic growth will be a key topic in U.S.-China trade talks this coming week in Stockholm

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European leaders are meeting with top Chinese officials in Beijing to discuss trade, climate change and global conflicts.

Upcoming US-China trade talks in Stockholm will likely address China's export dependence and excess production. The US seeks increased Chinese consumer spending and reduced industrial overcapacity, mirroring concerns previously raised with Japan.

Domestic demand emerged as the cornerstone of growth, contributing 68.8 percent to GDP expansion in this period. Initiatives such as large-scale equipment upgrades and consumer goods trade-in programs have effectively stimulated spending, cushioning China’s economy from external shocks.

Treasury Secretary Scott Bessent announced Tuesday that a third round of trade talks with China is now scheduled and will commence next week in Sweden.