China has deployed both of its aircraft carriers—CNS Liaoning and CNS Shandong —to the east of the first island chain since June 7. Japan's military reported that its patrol aircraft was intercepted by fighter jets launched from the Shandong while conducting surveillance.

Two of Beijing's aircraft carriers were sighted simultaneously in the Pacific for the first time on Saturday and Sunday.

Japan has condemned China's “close approaches” after Chinese J-15 fighters flew dangerously near to a Japanese P-3C patrol plane monitoring the Shandong aircraft carrier over

If a handshake agreement holds, it will merely undo some of the damage from the trade war that President Trump started.

China was still closed and outside of the trading system. The largest developing country with manufacturing exports was Taiwan. When China joined the United Nations in October 1971, Taiwan was no longer listed in the reports on world trade in manufacturers.