- Separate briefings expected after Saturday’s critical meeting between US President Donald Trump and Chinese President Xi Jinping
- First face-to-face exchange between leaders since start of trade war
The high-stakes dinner between US President Donald Trump and his Chinese counterpart Xi Jinping in Buenos Aires on Saturday is likely to end with no joint statement or joint press conference, regardless of whether they achieve a breakthrough in their talks.
Trump needs concessions from China to convince his domestic audience that the US is winning, while Xi needs a truce or a fresh deal to show his domestic audience that China is not giving in.
Larry Kudlow, the top economic adviser in the White House, said on Tuesday that Trump was hopeful for a breakthrough with Xi over the trade war but was ready to impose more tariffs if the talks did not make progress – a scenario that could dampen global investor confidence and darken prospects for the world economy.
MORE AT: https://www.scmp.com/economy/china-economy/article/2175537/trump-xi-g20-dinner-unlikely-end-joint-statement-regardless?gclid=Cj0KCQiAuf7fBRD7ARIsACqb8w6JI8b6wiYInl7I53-iEIPitqB2ZjHRdRssS7XBHdBY8-VgMSWUdNcaAoO4EALw_wcB
Reporting by Zhou Xin (SCMP) and Andrew Restuccia (POLITICO) in Buenos Aires – less bias source despite the website’s name.