United States President Donald Trump and Chinese President\nXi Jinping are going to meet on the sidelines of the upcoming G-20 summit in\nJapan. While President Trump has stated on several occasions that he will meet\nwith Xi Jinping, there is still no official confirmation from China.<\/p>\n\n\n\n
US-China Meeting at G-20 Summit: A Miracle or a\nNightmare?<\/strong><\/p>\n\n\n\n Miracle?<\/strong><\/p>\n\n\n\n Currently, nobody is expecting any miracles from the\nmeeting, if it would happen. When the US-China trade talks started on the right\ntrack in April, there were expectations that the two leaders could sign a trade\nagreement at the G20 summit. However, a month after the start of the plan,\nthere appears to be no composite trade deal that Trump and Jinping might sign.\nA better scenario for markets might be another truce, as we saw after the last\nmeeting between the two leaders, which took place last year.<\/p>\n\n\n\n Nightmare?<\/strong><\/p>\n\n\n\n It is well known that President Trump has moved away from\ntalks that he does not consider to achieve the desired results. This year\nalone, Trump left his summit with Kim Jong-un in Vietnam and met Democrats on\nthe financing of the border wall. So, the worst scenario for talks between the\nUnited States and China is that President Trump is moving away from the\nmeeting. This might also spoil the meeting sentinment. We saw something similar\nat the G7 meeting last year, in the exchange of harsh words between the United\nStates and Canada.<\/p>\n\n\n\n For now, markets still expect the proposed Trump and Xi\nJinping meeting to help bridge the gap between the two countries on important\ntrade aspects. However, surprises are not ruled out later this month. After a\ncorrection last month, we saw a rally in US stocks and the S & P 500 gained\n3.5% so far this month. General Electric (GE) saw a 5.1% rise in June, up 36.5%\nYoY.<\/p>\n","protected":false},"excerpt":{"rendered":" United States President Donald Trump and Chinese President Xi Jinping are going to meet on the sidelines of the upcoming G-20 summit in Japan. While President Trump has stated on several occasions that he will […]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":1256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[116,36,34,114,120,129,130,48,24,131,102,119,23,109,39,115],"_links":{"self":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1255"}],"collection":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/comments?post=1255"}],"version-history":[{"count":1,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1255\/revisions"}],"predecessor-version":[{"id":1257,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1255\/revisions\/1257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media\/1256"}],"wp:attachment":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media?parent=1255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/categories?post=1255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/tags?post=1255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}