The China Mail - Trump due in China for superpower summit with Xi

USD -
AED 3.672502
AFN 64.999861
ALL 82.320418
AMD 367.445085
ANG 1.790254
AOA 916.999719
ARS 1487.4942
AUD 1.443793
AWG 1.8
AZN 1.703129
BAM 1.716435
BBD 2.020886
BDT 123.67316
BGN 1.715603
BHD 0.37834
BIF 2985.124402
BMD 1
BND 1.295274
BOB 6.923833
BRL 5.109902
BSD 1.003379
BTN 95.582234
BWP 13.570523
BYN 2.868049
BYR 19600
BZD 2.01799
CAD 1.416205
CDF 2257.999743
CHF 0.81036
CLF 0.023559
CLP 927.21024
CNY 6.77695
CNH 6.78846
COP 3244.85
CRC 456.448286
CUC 1
CUP 26.5
CVE 96.761031
CZK 21.2952
DJF 178.674857
DKK 6.55834
DOP 58.923165
DZD 133.211112
EGP 49.923403
ERN 15
ETB 160.95694
EUR 0.87739
FJD 2.2362
FKP 0.74666
GBP 0.747475
GEL 2.644975
GGP 0.74666
GHS 11.503493
GIP 0.74666
GMD 73.487957
GNF 8800.69858
GTQ 7.656057
GYD 209.893987
HKD 7.83895
HNL 26.862607
HRK 6.608987
HTG 131.318317
HUF 313.673501
IDR 18146.5
ILS 3.022798
IMP 0.74666
INR 95.79265
IQD 1314.488067
IRR 1374750.000044
ISK 125.820026
JEP 0.74666
JMD 158.539315
JOD 0.708978
JPY 162.343961
KES 129.249771
KGS 87.448797
KHR 4044.951709
KMF 432.000304
KPW 900.000572
KRW 1507.919749
KWD 0.309731
KYD 0.836189
KZT 473.033161
LAK 22626.606579
LBP 89847.264941
LKR 336.64635
LRD 182.213095
LSL 16.343443
LTL 2.95274
LVL 0.60489
LYD 6.426785
MAD 9.373264
MDL 17.633199
MGA 4302.094441
MKD 54.033322
MMK 2099.551039
MNT 3584.411354
MOP 8.102031
MRU 39.976304
MUR 47.260004
MVR 15.450416
MWK 1739.969898
MXN 17.53032
MYR 4.079204
MZN 63.894587
NAD 16.343515
NGN 1381.660056
NIO 36.92116
NOK 9.78775
NPR 152.936943
NZD 1.738265
OMR 0.384486
PAB 1.003291
PEN 3.408647
PGK 4.479315
PHP 61.627497
PKR 278.92334
PLN 3.802725
PYG 6100.043879
QAR 3.657952
RON 4.592052
RSD 102.960391
RUB 76.749681
RWF 1474.050963
SAR 3.759664
SBD 8.048583
SCR 14.775309
SDG 600.504821
SEK 9.70085
SGD 1.294575
SHP 0.746601
SLE 24.350123
SLL 20969.434371
SOS 573.432035
SRD 37.610499
STD 20697.981008
STN 21.501413
SVC 8.779636
SYP 110.532098
SZL 16.341146
THB 33.397501
TJS 9.2863
TMT 3.5
TND 2.965888
TOP 2.40776
TRY 47.0018
TTD 6.817354
TWD 32.088506
TZS 2634.982976
UAH 44.639539
UGX 3692.034963
UYU 40.457938
UZS 12118.951604
VES 708.806401
VND 26266.5
VUV 119.982237
WST 2.760903
XAF 575.681143
XAG 0.017272
XAU 0.000247
XCD 2.70255
XCG 1.808408
XDR 0.715963
XOF 575.678617
XPF 104.664072
YER 237.075027
ZAR 16.397775
ZMK 9001.196424
ZMW 18.086003
ZWL 321.999592
  • CMSC

    0.0650

    22.085

    +0.29%

  • JRI

    -0.0200

    13.01

    -0.15%

  • BCC

    3.8200

    76.06

    +5.02%

  • BCE

    0.0600

    21.38

    +0.28%

  • GSK

    0.3100

    52.78

    +0.59%

  • CMSD

    0.0700

    22.38

    +0.31%

  • BTI

    -0.0151

    60.02

    -0.03%

  • NGG

    0.2700

    82.59

    +0.33%

  • RIO

    1.0500

    90.54

    +1.16%

  • BP

    0.6500

    39.2

    +1.66%

  • AZN

    -6.8800

    171.61

    -4.01%

  • RBGPF

    0.3500

    67.35

    +0.52%

  • RYCEF

    0.3800

    19.46

    +1.95%

  • RELX

    0.3700

    32.44

    +1.14%

  • VOD

    1.6400

    14.72

    +11.14%

Trump due in China for superpower summit with Xi
Trump due in China for superpower summit with Xi / Photo: © AFP

Trump due in China for superpower summit with Xi

Donald Trump was due in Beijing Wednesday for the first visit to China by a US president in nearly a decade, as the war he launched on Iran in February added to the heap of issues straining the powers' ties.

Text size:

This week's trip -- the first since Trump visited in 2017 -- will involve high-stakes talks with Chinese President Xi Jinping on Thursday and Friday, during a packed itinerary that includes a state banquet and tea reception.

US arms sales to Taiwan, China's controls on rare earth exports and the countries' raucous trade relationship are among the topics expected to be taken up by the heads of the world's top two economies.

The war in the Middle East will also top the agenda, with a senior US official telling reporters this week that Trump will pressure Xi over Iran, as he seeks a deal to end the conflict.

Signs of tension in the buildup to the superpower summit were already visible Tuesday on the streets of Beijing, with police monitoring major intersections and checking the ID cards of passengers on the metro, AFP journalists saw.

"It's definitely a big deal," said Wen Wen, a 24-year-old woman travelling from the eastern city of Nanjing, when asked by AFP about Trump's visit.

"Some progress will certainly be made," she said, noting that she hopes China and the United States can ensure "lasting peace" despite "recent instability in the global situation".

Trade ties between Beijing and Washington have been fraught in recent years, with the two sides currently maintaining a one-year truce in a blistering tariff war reached at Trump and Xi's last meeting in South Korea in October.

China's major surplus in trade with the United States has long irked Trump, who slapped tariffs on the country's goods during his first term in office.

Trump will be accompanied in China by a large group of top US business executives, including Tesla's Elon Musk and Apple's Tim Cook, the White House has said.

The highly anticipated summit comes at an uncertain time for China's economy, which has struggled in recent years with sluggish domestic spending and a protracted debt crisis in the once-booming property sector.

- 'Responsibilities as major powers' -

For Li Jiahao, 30, who manages a Beijing karaoke bar, the summit will not necessarily solve all problems in China-US relations -- though he is hoping for "positive results".

"Coming here and actually resolving the issues are two different things," he told AFP.

"China and the United States both have responsibilities as major powers," he said, adding that "only through friendship can we achieve mutual development and become stronger".

The war in Iran -- launched by the United States and Israel on February 28 -- has presented new challenges in the already-complicated relationship between Beijing and Washington.

Trump delayed his trip to China once due to the conflict, which has effectively halted shipping through the crucial Strait of Hormuz for more than two months.

China is the top customer for Iran's oil, though Trump has sought to stop all purchases through unilateral sanctions.

The US Treasury Department added to those measures on Monday, sanctioning 12 individuals and entities -- including several based in Hong Kong -- it said facilitated sale and shipment of Iranian oil to China.

Asked about the latest moves on Tuesday, Guo Jiakun, a spokesman for Beijing's foreign ministry, said that "China firmly opposes illegal unilateral sanctions".

Another major thorn in the side of Chinese leaders is US provision of military assistance through arms sales to Taiwan, the democratic, self-ruled island claimed by Beijing.

Trump expressed willingness to discuss US arms sales to Taiwan on Monday, suggesting his personal relationship with Xi would prevent a Chinese invasion of the island.

"I think we'll be fine. I have a very good relationship with President Xi. He knows I don't want that to happen," he said.

Q.Moore--ThChM