World economy

Chinese President #XiJinping and his US counterpart, Donald #Trump, are scheduled to attend the multilateral summit in Argentina, which begins on November 30, raising hopes that the two countries might find a solution to end the dispute by the end of the year. The two have not met since late 2017.

High-level talks between Beijing and Washington have been on hold since US Secretary of Commerce #WilburRoss went to Beijing in early June. Ross’s visit as well as previous Washington trips by Chinese Vice-Premier #LiuHe, who is Xi’s top economic adviser, failed to prevent trade friction from escalating into an all-out trade war amid growing animosity.