India, Sept. 24 -- US President Donald Trump is set to host Chinese President Xi Jinping in Washington for a major bilateral summit on Thursday. The two leaders are expected to discuss extending the trade truce they agreed in Busan last year, which expires soon, along with artificial intelligence, Taiwan and Iran.

HT explains where ties between the two powers stand, what is on the agenda and why New Delhi is watching.

Washington and Beijing head into the summit under an uneasy truce. Just over a year ago, the two were locked in a bruising trade war. The Trump administration levied tariffs as high as 145% on Chinese goods, and China retaliated by curbing exports of highly valuable rare earths to US companies and raising tariffs on Americ...