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US inflation jumps, though long-term war impact yet to be seen Hospitals consider replacing some radiologists with AI Amazon takes a jab at Nvidia over chips shift VCs step in to fund university upstarts Exclusive: Anthropic is gaining on OpenAI’s revenue, but hasn’t yet eclipsed it Exclusive: AI powerhouses threaten data processing firms A South African artist is changing the way viewers understand Picasso’s Guernica Airbnb faces familiar battle in Cape Town First look at war-related inflation sparks political jostling View: China’s state businesses are reshaping markets in Africa US issues Nigeria travel warning over terrorism, kidnapping FirstRand exits UK business after regulatory hit Afreximbank’s $800M answer to Fitch Exclusive: Navy takes nuclear-powered sub offline after $800 million cost run-up Cuba leader says he will not step down Fed, Treasury summon Wall Street chiefs over AI fears How Bluesky earned its reputation — and why it could be the way of the future China eyes stronger Taiwan influence Orbán slams Hungary’s opposition as he trails in polls Iran war reshapes air travel, perhaps for the long term Tehran residents embrace calm amid tenuous truce Countries lack fiscal capacity to handle war fallout Higher producer prices ease China deflation fears Trump ‘optimistic’ on Iran peace talks Inside the five-year succession plan at a $130B warehouse giant Georges Elhedery on HSBC’s big bets on the Gulf and Asia Warsh’s Fed hearing slips past next week Moore takes on the Sun’s ‘MAGA billionaire’ and more Debatable: AI titans influencing regulation Americans still think taxes are too high, poll finds
Misunderstandings test US-China ties
J.D. Capelou · 2026-05-11 · via Semafor

The US and China are both heading into a landmark summit in Beijing this week with fundamental misunderstandings of the other, analysts said.

Beijing is gripped by a “dangerous new overconfidence” stemming from an entrenched belief in American decline, one expert wrote, as Western scholarly frameworks have been purged from academia in China in favor of nationalist narratives.

On the US side, officials misread Beijing’s ability to absorb pressure and don’t realize that “high-level engagement… does not necessarily signal concession,” two analysts wrote in The Diplomat.

Washington is starting to run low on China experts, as fewer Americans study in China in part because they fear it could hurt them career-wise.

Diplomacy “risks being built on an incomplete picture,” a Harvard scholar wrote.

American study abroad students in China, by enrollment year