President Xi Jinping said China must "overcome" the challenges of developing core AI technologies including high-end chips, state media reported Saturday, as Beijing seeks to become a world leader in the rapidly developing industry.

Standing outside his friend’s cupcake shop, he says Donald Trump’s levies are a sign that America feels threatened by China’s rise. America’s power is declining, he says. “What you feel in today’s world is that hegemony is very hard to achieve.

On Monday, after Xi's visit, Beijing warned countries against signing trade deals with the U.S. "at the expense of China’s interest."