Institutes for In上海419论坛品茶微信ternational Studies, said the Xi-Trump meeting will undoubtedly be in the spotlight during the G20 Summit.
Chen said that long-lasting trade friction has led to downside risk for the Chinese economy, and a negative impact also looms over the US economy.
The International Monetary Fund warned earlier this month that US-China tariffs tha
t have been implemented or proposed could cut global economic output by 0.5 percent, or $455 billion, in 2020.
The Xi-Trump meeting will help ease tensions between Beijing and Washington in trade disputes, Zhou said. “You can
‘t expect the meeting to resolve the trade issue, but it will inject impetus into trade talks,” he added.
Stephen Roach, a faculty member at Yale University and a former chairman of Morgan Stanley Asia, said in the Preview Policy
Report for the G20 Osaka Summit that resolution is possible, but it won’t be easy in the current climate.
tions Research Institute, said that against the backdrop of growing globa
l discord, Xi’s visit demonstrates the strategic relationship of the two countries.
During Xi’s visit, the two leaders will attend a series of events commemorating the 70th anniversary of the establishment of bilater
al ties, which will include the official opening ceremony of a panda facility at Moscow Zoo, Zhang said. A pair of gia
nt pandas were delivered to Moscow Zoo in April for research cooperation.
St. Petersburg State University, Putin’s alma mater, will award Xi an h
onorary doctorate during the visit, Zhang said. P
utin was granted the same honor by Tsinghua University, Xi’s alma mater, in April.