China, US in contact on arrangements for leaders’ interaction this year: FM

The signal here is procedural rather than substantive: confirmation that communication channels on a leaders' meeting exist, without timing or format, keeps the question open rather than answered. For anyone tracking cross-border policy risk, the value lies in the fact that no details were disclosed, which leaves room for the arrangement to slip or take shape without warning. Whether the contact translates into a confirmed interaction, and what format it takes, is the open question worth watching.