Balance of Power2 Sep 2025

China’s Xi Redraws Geopolitical Map

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

President Xi Jinping used a mix of bonhomie and economic allure this week to send Donald Trump a clear message: Beijing has too much global clout to be dictated by the US.

Cameras captured the Chinese leader in a rare, unscripted huddle on Monday with Vladimir Putin and Narendra Modi — his most powerful partners in resisting America on the world stage — at a summit in the Chinese port city of Tianjin. At one point, Xi held the hand of his Indian counterpart, as the three men laughed casually, a striking scene given just months earlier New Delhi and Beijing were seen as rivals.

The images were a victory for Xi’s decade-long political project to build an alternative to the US-led world order. Hours after the trio gathered at the Shanghai Cooperation Organization event, Beijing signed a major gas pipeline deal with Moscow — rebuking Trump’s efforts to use tariffs to prise India and China away from Russian energy purchases.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with:

Bloomberg Economics Senior Geoeconomics Analyst for Asia-Pacific Adam Farrar.
Bloomberg Markets Live Managing Editor Kristine Aquino.
Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino.
Former Republican Congressman and former Acting White House Chief of Staff Mick Mulvaney.

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