Proposed Xi-Trump meeting at G20 summit a highlight of local media in Buenos Aires

Proposed Xi-Trump meeting at G20 summit is in the headlines of the newspapers published in Buenos Aires. Photo:

The proposed meeting between Chinese President Xi Jinping and his US counterpart Donald Trump during the G20 summit is in the headlines of the newspapers published in Buenos Aires, the capital city of Argentina, as the two powers' trade tension is seen as a potential threat to the global economy.

It highlights the great importance of the Xi-Trump meeting, which is anticipated to work out some measures to tackle the economic and trade issues that divide the two countries and produce an agreement that will benefit the world's other economies.

However, the inability to fix a specific time for the proposed Xi-Trump meeting during the G20 summit shows that the two sides are not well prepared for reaching an agreement on the contentious issues.

As of 9:00 pm on November 28 (local time), reporter, Xu Yifan, has not heard of anything about China and the United States making public a detailed agenda for the meeting.

Xi is unlikely to meet with Trump on November 29 in Buenos Aires because of the Chinese president's state visit to Spain.

A clearer statement about the time of the meeting came from White House economic adviser Larry Kudlow, who revealed on November 27 that Trump holds a positive attitude toward reaching a trade agreement with Xi during the dinner on December 1 on the condition that certain requirements related to intellectual property protection, technology transfer, commodity tariffs and non-tariff barriers are met. His statement implies that the two leaders would have a meeting during the daytime of December 1.

However, China and the United States have not made official announcements about the agenda of the proposed Xi-Trump meeting so far.

One month ago, some media reports said that the Xi-Trump meeting would be held on November 29, a day before the opening of the G20 leaders' summit.

Over the recent months, the United States and China have been at loggerheads with each other, with Washington expecting China to make a compromise first and Beijing threatening to take revenge.

The capriciousness of the United States has added to uncertainties over the prospect of the bilateral relationship.

In May, the White House announced that it would impose a 25 percent tariff on $50 billion of Chinese goods irrespective of an agreement it reached with China during a previous negotiation in Washington. The capriciousness surprised China, which said that the US move was contrary to the consensus both sides reached at the Washington talks and vowed to fight back if Washington was looking to reignite a trade war.

Recently, Chinese Ambassador to the United States Cui Tiankai criticized the Trump administration for blowing hot and cold, saying that the capriciousness would be detrimental to the trade negotiations.

Worse still, a speech US Vice President Mike Pence gave in October has also cast a shadow on the relationship. In the speech, Pence accused China of orchestrating a military, economic and political campaign to undermine the Trump administration and bolster Chinese influence in America and worldwide. Pence's comment was considered by global media as the portent of a new cold war. A day after the remarks, Beijing rejected his accusation as "unwarranted" and "ridiculous".

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