Coalition says it would repeal changes to negative gearing and CGT if elected; Chalmers insists government will deliver budget savings; Trump touches down in China for meeting with Xi

US President Donald Trump landed in Beijing for his highly anticipated summit with Chinese leader Xi Jinping; At this summit, the Iran war, trade, Taiwan and artificial intelligence were the main topics of conversation.

Trump was greeted by Chinese Vice President Han Zheng and other dignitaries when he stepped off Air Force One and onto the red carpet at the city’s Capital International Airport on Wednesday evening for the two-day summit.

He was greeted by a military honor guard, a military band, and hundreds of young Chinese men waving U.S. and Chinese flags.

Trump’s state visit to China – the first by a US president in almost a decade – comes with the burdens of the Iran war, which has triggered a global energy crisis and brought new tensions to the summit over its close diplomatic ties with Tehran, the biggest buyer of Beijing’s oil.

Both Trump and Xi will begin their official talks this morning in the Great Hall of the People to try to stabilize the fragile trade truce secured in South Korea in October.