The official China Daily newspaper tried to talk down expectations on the upcoming Xi-Trump meeting at G20. An editorial said both parties are “in the mood for serious dialogue”. However, “the two parties’ expectations are too divergent to allow” conclusion of an agreement. It added, “more likely than not, the one-on-one meeting will end up being the start of a new phase in the negotiations with the two leaders personally setting out their country’s respective bottom lines.”
Separately, Chinese Premier Li Keqiang reiterated the promises to open its market for foreign investors and businesses. He said today to a group of multinational executives that “China will maintain our long-standing commitment to reform and opening in order to continue to expand and open. We welcome more and more foreign investment to come to China”. “We will also relax access to even more fields to create a market-oriented, law-based internationalized business environment.”