3 min readUpdated: May 14, 2026 05:21 PM IST

Chinese President Xi Jinping expressed interest in buying more US oil in order to reduce Beijing’s dependency on the Strait of Hormuz during talks with President Donald Trump on Thursday, White House stated in a readout of the meeting.

Conflicting reports and official silences

However, there wasn’t any mention of buying oil in the Chinese summary of the meeting published later by Beijing’s state media, Associated Press reported.

Historical import volatility

China, which is the largest importer of oil in the world, doesn’t import much of its crude requirement from the United States. The AP report stated that Beijing’s import of Washington’s oil soared to 395,000 ​barrels per day in ‌2020, which was China’s 4 percent of total crude imports.

Trump xi meeting President Donald Trump participates in a welcome ceremony with China’s President Xi Jinping at the Great Hall of the People in Beijing. (AP Photo)

Before Trump returned to office in 2024, China’s crude import from US fell to 193,000 barrels per day, which was ​worth $6 billion.

Trade war impacts and current standstill

After the Trump administration imposed a 20 percent import tariff last year during its trade war, China has not imported any US oil since May 2025.

At the state banquet for Trump on Thursday, Xi Jinping said that “China and US should become partners, not rivals.” Jinping added, “We should jointly promote great ship of China-US relations along the right path” and that “We both believe Beijing-Washington ties are the most important bilateral ties in the world.”

China’s warning to US over Taiwan

During Trump’s three day visit to China, Xi Jinping warned the US president that the two global power could clash over Taiwan if the issue isn’t handled properly.

According to an X post by China’s foreign ministry spokesperson Mao Ning, President Xi told Trump that “the Taiwan question is the most important issue in China-US relations.”

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“If it is handled properly, the bilateral relationship will enjoy overall stability. Otherwise, the two countries will have clashes and even conflicts, putting the entire relationship in great jeopardy,” Ning wrote in the post.

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