High ranking officials from China and the United States are reportedly holding talks to discuss the possible meeting between President Xi Jinping and President Donald Trump at the sidelines of next month's G20 summit in Argentina, the White House confirmed on Thursday, as the two global economies continue to clash over trade supremacy.
As stated in the report from the New Indian Express, White House economic adviser Larry Kudlow told the throng of journalists present during the press briefing on Thursday that the meeting of the two world leaders in Buenos Aires this November has already been in discussion for quite some time.
However, Kudlow clarified that the offices of the Secretary of State Mike Pompeo and the National Security Advisor, headed by John Bolton, will have the final say on the details about the bilateral meet.
As the White House official said, the timing couldn't be more perfect for the two heads of state to talk, knowing that they are in the same city at the same time.
The immediate concern now is to establish several aspects of the meeting such as the agenda of the meet-up, the details of the delegation, as well as security, just to name a few.
These recent political developments shouldn't come as a big surprise. As previously reported here on Business Times, the upcoming international forum in Argentina's capital has been seen as a perfect opportunity for both leaders to meet once again.
In his earlier statements, Kudlow revealed in an interview with Fox Business Network that Trump has put into consideration the meeting with Xi, although he hasn't been pursuing it that much due to the apparent lack of progress on the China-US economic talks.
Kudlow maintained to FBN that the US is still keeping the negotiation tables open for China.
Trump's adviser went on to tip the publication that it's possible for the American president to brush elbows with the Chinese leader at the G20 summit, despite the on-going tit-for-tat trade war between the two major world economies.
The G20 or the Group of Twenty, which recently placed Argentina's Maurico Macri as the organization's chairperson, is an annual international forum attended by 20 of the world's leading industrialized and emerging economies. The goal of the summit is to tackle the current global trading and economic stations as well as cite rising any rising crises.
Beijing is currently being pressed by the Trump administration to improve its business practices, to which the Xi Jinping admin replied that such demands are masking a much bigger issue with the US trying to force in its economic supremacy in the Asian region and beyond.
