Chinese President Xi Jinping held a brief, low-key meeting with Iranian President Pezeshkian on Tuesday during the Shanghai Cooperation Organization summit in Kyrgyzstan, according to Iranian state media. Chinese state media did not report the meeting. Analysts suggest this reflects China's cautious approach to Iran as Beijing seeks to avoid appearing too close to Tehran ahead of the upcoming US-China summit with President Donald Trump. Additionally, US Treasury Secretary Scott Bessent's call on Monday at the G20 Finance Ministers' meeting for member states to address China's manufacturing overcapacity and trade surplus is also seen as an attempt by the US and China to "maximize their leverage" before the summit.