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Friday, June 28, 2019

Xi Condemns Bullying, Protectionism Ahead of Meeting With Trump at G20 Summit

Asian member states have grown in prominence as China, India and Indonesia’s economies have boomed over the past two decades. Photo: AFP
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#XiJinping to meet with Trump in Osaka soon #G20Osaka http://bit.ly/31YYmnB

https://www.bloomberg.com/news/videos/2019-06-28/what-are-the-g-20-leaders-going-to-discuss-at-their-summit-video

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The world’s most powerful leaders are gathering in Japan for meetings that may set the direction for the global economy and make the difference between war and peace in geopolitical hotspots.

Key things to watch include any signs of a breakthrough in U.S.-China trade talks, efforts to stem rising tensions between the Trump administration and Iran, and concrete action to lower emissions and reduce plastic pollution in oceans. Major agenda items include President Donald Trump’s meetings with Russian President Vladimir Putin and German Chancellor Angela Merkel.

China’s President Xi Jinping condemned protectionism and "bullying practices" in a meeting with African leaders ahead of the summit, according to Dai Bing, the foreign ministry’s Director General for African Affairs.

“Any attempt to put one’s own interests first and undermine others’ will not win any popularity,” Xi said, according to Dai.

The comments come a day ahead of Xi’s meeting with U.S. President Donald Trump as the leaders try to resolve their trade war, as well as other major disputes like Huawei and the South China Sea. - Bloomberg

Read more:


US president warns of Plan B on China trade - Business News


Only sincerity can break trade impasse

Whether there is an agreement or not, China will defend its core interests and will focus on doing its own things well. China is well prepared economically and politically

G20: as China and India draw close, has Trump overplayed his hand?
With Xi Jinping, Narendra Modi and Vladimir Putin displaying increasing bonhomie, the United States will have cause to reflect on its recent trade disputes with ally New Delhi

Merkel arrives at G20 after second shaking scare
German leader, 65, sparked renewed fears for her health after bout of uncontrollable shaking on eve of summit in Japan.

China and Japan try to move to ‘next level’ as Xi state visit confirmed
Chinese president meets Prime Minister Shinzo Abe ahead of G20 summit in Osaka, saying he hopes to strengthen ties further.

As G20 host, Japan faces awkward criticism of environmental record
Activists say Japan has fallen behind on reducing plastic consumption and is caving to US pressure to water down language on climate change to achieve a unanimous statement on the issue.
Explainer | Why the G20 summit matters for Asia (and Asean)
Asia’s major economies have become increasingly important at the multilateral forum, which experts say is an opportunity for the likes of China and Japan to step into leadership roles formerly dominated by the West.

Xi calls for another US-North Korea nuclear summit
Kim still committed to goal of denuclearising the Korean peninsula, Xi says.

China welcomes ‘actions that avoid US trade war dispute escalation’
Chinese President Xi Jinping and US counterpart Donald Trump are set to meet in Osaka, Japan on Saturday, with reports that details of a truce are being drafted.

G20: eyes on Trump, but Putin’s date with Xi, Modi is one to watch
The Russian leader faces a whirlwind diplomatic task in Osaka. Iran, Syria and arms control top his agenda with the US president, while Trump’s stance on trade has pushed India, China and Russia closer

US and China tentatively agree to trade war truce ahead of G20
Fresh tariffs threatened by the United States are expected to be delayed, with the two countries preparing separate statements.

US-China trade war could last ‘longer than a generation’
Tariff war could ease after G20 meeting between Xi Jinping and Donald Trump in Osaka, but rivalry over technology and finance may escalate into other fields.

US-China trade war deal ‘90 per cent complete’, US Treasury chief says
Steven Mnuchin says this week’s meeting of the leaders of the world’s two biggest economies will be ‘very important’

US pressure on Seoul over Huawei taps into fears of North Korea
Washington hints that access to its spying capabilities could be under threat if South Korea does not play ball over China’s 5G giant. That leaves Seoul to weigh the demands of its security ally against those of its top trade partner.

US wraps up hearings on plan to hit all Chinese goods with tariffs
Hundreds of companies and industry groups weigh in on impact of proposed tariffs on around US$300 billion of Chinese products, ahead of Saturday’s Trump-Xi meeting in Japan.

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