Xi, PM Modi, Putin To Discuss "Protectionism", Says China Amid US Tariffs

Andrew Cummings
June 25, 2019

The G20 summit would be held at Osaka on June 28-29.

China and the U.S. last week said they were reviving talks ahead of this week's meeting between presidents Donald Trump and Xi Jinping, giving a boost to financial markets hoping for a de-escalation in a trade war that is damaging the global economy.

Although Xi's much-anticipated meet with Trump to end the trade war will be the major highlight of the summit, his trilateral meet with Modi and Putin will also draw attention.

"As you know, China's relations with India and Russian Federation are showing a sound momentum of growth, and the leaders of the three countries have also maintained close exchanges".

"The president is quite comfortable with any outcome" to his meeting with China's President Xi Jinping, the official said, adding that the meeting is an opportunity for Trump to assess his Chinese counterpart's position on the ongoing trade war. He has also threatened to impose tariffs on another $325bn of goods, covering almost all the remaining Chinese imports into the United States, including consumer products such as cellphones, computers and clothing.

The official said that the original goal of the tariffs had been to address the theft of American intellectual property and the coercion of American companies to transfer their technology and intellectual property as the price of gaining access to the Chinese market. "The discussion topics will fit in well with the agenda of the G20 Summit", Zhang told media here.

"China will work with others to firmly uphold multilateralism".

Trump has not met with Xi since the last G20 in Buenos Aires, and has promised to make a decision on whether or not to apply $300 billion in additional tariffs to Chinese goods following the meeting.

They will also discuss plans for the successful holding this year's BRICS Summit in Brazil, he said.

Apart for adding weight to the global significance of Eurasia, the trilateral meeting in Osaka would also have a positive impact on bilateral relations, Mr. Zhang said.

Mr Trump and Mr Putin will discuss regional security issues including Iran, Ukraine, Syria and the Middle East, said an official.

About the RIC meeting, Zhang Jun said "the three leaders also maintained close exchanges" meeting at different multilateral forums.

After waging a damaging trade war on China, Trump seems to have turned to India.

The leaders are expected to focus on opposing the "protectionist" trade policies of the United States, PTI reported.

The Trump administration has accused China of failing to protect intellectual property rights, forced technology transfers and failing to provide a level playing field for USA companies.

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