Presidents Xi Jinping and Donald Trump have agreed on a "new vision" for constructive China-US relations focused on "strategic stability." A Chinese observer cautioned that the real test lies in managing their deepening rivalry.

President Xi Jinping’s new formula for China-US relations is “aspirational”, but the “real test” will be ensuring the two powers can work together despite their deepening rivalry, a leading Chinese political observer has cautioned. During his much-anticipated summit with US President Donald Trump in Beijing on Thursday, Xi said that the two leaders had “agreed on a new vision of building a constructive China-US relationship of strategic stability”, according to the official Chinese...