Xi, Abe reach 10-point consensus to promote bilateral relations

Xi, Abe reach 10-point consensus to promote bilateral relations

Overshadowing the G20 meeting, U.S. President Donald Trump and Chinese President Xi Jinping will meet on Saturday amid hopes for a breakthrough in the trade war between the world's two biggest economies, which has already dented global growth.

Prime Minister Narendra Modi arrived in Japan on Thursday for the G20 Summit during which he will meet United States president Donald Trump, French president Emmanuel Macron and his Japanese counterpart Shinzo Abe for the first time after his re-election.

Speaking on the condition of anonymity, the official said Washington was unwilling to hold a meeting with Xi with any concessions.

A Chinese foreign ministry spokesman in Beijing said China intends to defend itself against further US moves to penalize it over trade friction.

While prospects for detente in the trade war between the USA and China are in the spotlight, many participants are calling for a broader perspective in tackling global crises.

Prime Minister Narendra Modi Thursday landed in Japan's Osaka to attend the G20 Summit alongside key global leaders. He will arrive in Osaka fresh from his first visit to Pyongyang and observers expect the Chinese president to pass on a message from Kim to rekindle diplomatic activity.

The investor's intervention also comes ahead of a meeting of G20 governments in Osaka, Japan, later this week.

In a personal interview, Kyle Bass said that the Corporate Americans are the ones who are trying to influence President Trump to make Trade Deal too early. "If Japan is attacked, we will fight World War Three", Trump said.

Despite hosts Japan desperately trying to focus media attention on its priority issues such as ocean plastic and ageing populations, the USA leader's meetings on the sidelines are likely to overshadow everything - especially planned talks with Russian Federation and Turkey.

Merkel said as she answered lawmakers' questions in the German parliament Wednesday that G-20 summits offer the chance to hold talks on the sidelines which can help resolve security policy issues but countries shouldn't "overload" the format.

And the USA -based research arm of Huawei, Futurewei Technologies Inc, has moved to separate its operations from its corporate parent since the U.S government in May put Huawei on a trade blacklist, according to two people familiar with the matter.

Since taking office, Trump has shaken the G20 framework and shied away from multilateral arrangements, most notably in trade as the United States withdrew from the Trans-Pacific Partnership free trade pact.

Talking about India's agenda at the meeting, Prabhu said India will be discussing important issues such as energy security, financial stability, reforming multilateralism and WTO reform.

Xi's visit will be the first since he became president, and the meeting with Abe on Thursday will give the two countries' leaders an opportunity to maintain the momentum for further improving bilateral ties that were frayed over issues linked to territory and wartime history.

Related Articles