Xi Jinping and Donald Trump Hold Key Phone Call: Agenda of the Leaders' Discussion.

Phone Call Between Chinese and US Leaders

According to TSN.ua: On February 4, 2026, Chinese leader Xi Jinping held a telephone conversation with US President Donald Trump. This call followed a video conference between Xi and Russian President Vladimir Putin. The previous call between Trump and Xi had taken place in late November 2025, indicating a continuation of the dialogue between the leaders of the two nations. Such high-level contacts are closely watched by global markets and policymakers for signals on the direction of US-China relations.

State of US-China Relations

Relations between Washington and Beijing have stabilized following a meeting in South Korea in October 2025, which appears to have been a significant step in improving bilateral ties. In a related economic context, it is notable that in January 2026, Russia's revenues from oil and gas sales were halved, while Russia has received over $230 billion in energy resources from China since the start of the war in Ukraine.

“We knew about this in advance”

Dmitry Peskov, Spokesperson for the Russian President

The conversation between Xi Jinping and Donald Trump underscores the ongoing importance of high-level negotiations amid current global challenges and shifts. This phone call reflects both countries' pursuit of stable relations and the potential for resolving critical international issues through dialogue. Given the increasing economic and political pressures, particularly on Russia, communication between the US and China could significantly influence the global geopolitical landscape. The future trajectory of this relationship will remain crucial for international security and the world economy.