This material may not be published, broadcast, rewritten, or redistributed. ©2024 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by <a href="https://www.factset.com/" data-omtr-intcmp="topnav_more_factset">Factset</a>. Powered and implemented by <a href="https://www.factset.com/solutions/business-needs/digital-solutions" data-omtr-intcmp="topnav_more_factset_digital_solutions">FactSet Digital Solutions</a>. <a href="https://www.factset.com/privacy" data-omtr-intcmp="topnav_more_factset_privacy">Legal Statement</a>. Mutual Fund and ETF data provided by <a href="https://lipperalpha.refinitiv.com/" data-omtr-intcmp="topnav_more_refinitive_info">Refinitiv Lipper</a>. <br>Gatestone Institute senior fellow Gordon Chang reacts to the State Department issuing a travel advisory against China on 'The Story.'<br>President-elect <a href="https://www.foxnews.com/category/person/donald-trump" target="_blank" rel="noopener">Trump</a> took China by surprise when he invited President Xi Jinping to his upcoming inauguration, a friendly gesture ahead of a widely expected trade war. <br>The move left everyone wondering what Trump was up to — a Chinese head of state has not attended a U.S. inauguration in all of history. <br><a href="https://www.foxnews.com/category/person/xi-jinping" target="_blank" rel="noopener">Xi is not expected</a> to accept the invitation, sources told CBS News. <br>"We have a good relationship with China. I have a good relationship," Trump told CNBC on Friday. "We've been talking and discussing with President Xi some things."<br>But the invitation comes as the U.S. intelligence community disclosed a massive hack of eight U.S. telecom companies, finding that Chinese hackers had accessed the data of millions of Americans, including Vice President-elect <a href="https://www.foxnews.com/category/person/jd-vance" target="_blank" rel="noopener">JD Vance.</a><br>The hack, <a href="https://www.foxnews.com/tech/chinese-hackers-target-us-telecoms-what-you-need-know-protect-your-data" target="_blank" rel="noopener">nicknamed Salt Typhoon</a> and one of the most far-reaching in history, affected mostly people in the Washington, D.C., area, and was targeted at government-linked people. Information about their phone calls and texts was intercepted. <br><a href="https://www.foxnews.com/tech/chinese-hackers-target-us-telecoms-what-you-need-know-protect-your-data" target="_blank" rel="noopener"><strong>CHINESE HACKERS TARGET US TELECOMS: WHAT YOU NEED TO KNOW TO PROTECT YOUR DATA</strong></a><br><span>President-elect Trump.</span> <span>(Peter Kramer/NBC via Getty Images)</span><br>Meanwhile, a Chinese national was arrested on suspicion of flying a drone over Vandenberg Space Force base in Northern California, the Department of Justice said Wednesday. <br>"Many people were disappointed by this invitation," said China expert Gordon Chang.<br>"A man who is responsible for <a href="https://www.foxnews.com/category/health/infectious-disease/coronavirus" target="_blank" rel="noopener">spreading COVID</a> beyond China borders, for being behind the fentanyl program, which kills 70,000 Americans a year, that was not a good look for the United States," he went on. "And it betrayed weakness."<br>"The Chinese president looks at that and believes that Trump is not serious," said Chang. <br>"Xi Jinping has made it clear that the United States is China's enemy. He's done that in many ways. And for an American president to show friendship is not a gesture in Xi's mind, it's a display of weakness, and Chinese leaders always take advantage of weakness." <br>It's not clear if the invitation means that Trump is looking to take a more diplomatic approach to the relationship with China after a campaign marked by threats of hiking tariffs. <br><a href="https://www.foxnews.com/politics/china-denies-new-report-linking-ccp-four-sites-cuba-allegedly-used-spy-us" target="_blank" rel="noopener"><strong>CHINA DENIES NEW REPORT LINKING CCP TO FOUR SITES IN CUBA ALLEGEDLY USED TO SPY ON THE US</strong></a><br>Trump has floated the idea of a 60% across-the-board levy on all goods imported from China, which would cover some $400 billion worth of products. <br>Free trade supporters have worried this would break a top campaign promise for Trump: to rein in and prevent the record inflation figures seen under the Biden administration.<br><span>Chinese President Xi Jinping.</span> <span>(Reuters/Adriano Machado)</span><br><span>President Trump meets with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, on June 29, 2019.</span> <span>(AP Photo/Susan Walsh)</span><br>And the threat of a trade war comes as military tensions rise in the Indo-Pacific. China has been putting on displays of force in the waters off the shores of U.S. allies like the Philippines and Japan, and <a href="https://www.foxnews.com/world/chinese-military-makes-massive-deployment-around-taiwan-send-very-simple-message" target="_blank" rel="noopener">increasingly threatening Taiwan</a>, an island democracy it views as its rightful territory. <br>Defense experts have begun to muse <a href="https://www.foxnews.com/politics/china-wargames-taiwan-us" target="_blank" rel="noopener">whether the U.S. could find itself at war with China.</a><br>Lyle Goldstein, Director of Asia Engagement at Defense Priorities think tank, welcomed the news of the invitation, reading it as a sign of being willing to engage.<br>"Nothing like that has happened under the <a href="https://www.foxnews.com/category/person/joe-biden" target="_blank" rel="noopener">Biden administration,</a>" he said. "Trump is a dealmaker, and I think China is eager to make deals.<br>"The Biden approach was very ideological, you know, the world is black and white." <br>"If we go into a new Cold War, the results, I think, will be devastating for both the United States and China," Goldstein added. "I think there is some understanding in the Trump team that the stakes are enormous here."<br><a href="https://www.foxnews.com/apps-products" target="_blank" rel="noopener"><strong><u>CLICK HERE TO GET THE FOX NEWS APP</u></strong></a><br>China, meanwhile, is considering devaluing its currency further in anticipation of Trump's tariffs, according to a Reuters report. <br>"People have got to realize that trading with China generally is a good thing. But yeah, we have to. There are some key readjustments that need to take place," said Goldstein.<br>"I would like to see that take place from readjusting China's currency."<br>Get the latest updates from the 2024 campaign trail, exclusive interviews and more Fox News politics content.<br>By entering your email and clicking the Subscribe button, you agree to the Fox News <a href="https://www.foxnews.com/privacy-policy">Privacy Policy</a> and <a href="https://www.foxnews.com/terms-of-use">Terms of Use</a>, and agree to receive content and promotional communications from Fox News. You understand that you can opt-out at any time.<br>Subscribed<br> You've successfully subscribed to this newsletter! <br> This material may not be published, broadcast, rewritten, or redistributed. ©2024 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by <a href="https://www.factset.com/" data-omtr-intcmp="footer_factset">Factset</a>. Powered and implemented by <a href="https://www.factset.com/solutions/business-needs/digital-solutions" data-omtr-intcmp="footer_factset_digital_solutions">FactSet Digital Solutions</a>. <a href="https://www.factset.com/privacy" data-omtr-intcmp="footer_factset_privacy">Legal Statement</a>. Mutual Fund and ETF data provided by <a href="https://lipperalpha.refinitiv.com/" data-omtr-intcmp="footer_refinitive_info">Refinitiv Lipper</a>. <br><br><a href="https://news.google.com/rss/articles/CBMipAFBVV95cUxPOUlsREhzT0ZQMk9xa0NnRzdwMzdoZzJIQVVKbFdnTzdlR2Rjd3BWNmdoUXFDT1BtWk9HcUEyZDhiQzlHWVFoak5QQlBTT1daQzVKcXRaV05Iam54LTlKX3pWd3BjelVacEhXT3FIVXpfT3pTeHExNUhhQ180M0kzOUJtNzAyWURIbXlKX1FBQWFQaS1YbGpFel9mM2UyemtvZmdlONIBqgFBVV95cUxQQ2R6U2QzRHpxbHZ6Y2tzS3BLYnBYT3ltcno2bGtCN1ZVX2FtY1dSeTlKRWl2MWtiMW1JTlhNWDI1QTZzaXRzRWc4WTgtQ0N5SkFiSzR4UE4zQV9na2ZkLUMtR2pBay04Zy1IYlJrRUdzMU9QTFlZeXlmMkh6eGFLOVZjWE01ZTRabTFtMUtScWg0MnQtdGdibG9vRnNINWRWS0NRSXBkS1duUQ?oc=5">source</a>
