Washington, 13 August 2026 – A proposed US-China Board of Investment is struggling to move from summit announcement to practical consultation, underscoring how strategic distrust continues to limit capital flows even as both governments attempt to stabilise their commercial relationship.
The mechanism was announced after the May meeting between US President Donald Trump and Chinese President Xi Jinping as a government-to-government forum for investment issues. It was paired with a Board of Trade focused on commerce in non-sensitive goods. Three months later, neither side appears to have initiated a meaningful consultation process with business groups, making a substantial investment-board deliverable at the leaders’ expected September meeting increasingly unlikely.
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