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US-China Trade Breakthrough ‘Unlikely’ at G20 Meeting Between Donald Trump and Xi Jinping

May 31 , 2019

A breakthrough in the current stalemate between China and the US is unlikely when Chinese President Xi Jinping meets his American counterpart at the G20 summit in Japan next month, a former Chinese central bank chief said on Friday.

“Leaders of China and the US will meet late next month in Japan and I hope there will be positive news [from the meeting],” said Dai Xianglong, former governor of the People’s Bank of China, at a seminar on China-US technology development in Beijing.

“However, [any breakthrough] would not be easy because it is actually very difficult for the US side to form a powerful and systematic correction that can right the wrongs made by [President] Trump,” he said adding he had no direct knowledge of the meeting arrangement.

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