Berliner Boersenzeitung - Trump to host Xi amid pomp, low expectations

EUR -
AED 4.095102
AFN 72.480008
ALL 90.801688
AMD 402.807486
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.61933
AWG 2.007127
AZN 1.900047
BAM 1.955836
BBD 2.250342
BDT 139.162586
BGN 1.948955
BHD 0.422108
BIF 3342.96213
BMD 1.115071
BND 1.431727
BOB 13.402249
BRL 6.138357
BSD 1.117321
BTN 104.873949
BWP 15.391286
BYN 3.345962
BYR 21855.38619
BZD 2.247142
CAD 1.573644
CDF 2586.964483
CHF 0.914162
CLF 0.027822
CLP 1094.980351
CNY 7.444774
CNH 7.438418
COP 3608.76707
CRC 506.709417
CUC 1.115071
CUP 26.815498
CVE 110.267049
CZK 24.346956
DJF 198.963698
DKK 7.480457
DOP 67.891262
DZD 151.940824
EGP 59.957114
ERN 16.726061
ETB 183.378708
FJD 2.526309
FKP 0.833961
GBP 0.834166
GEL 2.893653
GGP 0.833961
GHS 13.055243
GIP 0.833961
GMD 83.077063
GNF 9896.183924
GTQ 8.538159
GYD 234.234353
HKD 8.744429
HNL 30.029558
HRK 7.547925
HTG 146.432722
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.833961
INR 104.716854
IQD 1693.83148
IRR 2108992.359359
ISK 136.919964
JEP 0.833961
JMD 177.323296
JOD 0.790629
JPY 176.710877
KES 145.192698
KGS 97.510486
KHR 4552.084602
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.931217
KZT 500.809308
LAK 25136.46717
LBP 100053.859534
LKR 371.556906
LRD 189.94353
LSL 18.477643
LTL 3.292514
LVL 0.674496
LYD 7.150133
MAD 10.921803
MDL 19.971371
MGA 5077.094359
MKD 61.556144
MMK 2341.311039
MNT 4015.078679
MOP 9.019368
MRU 45.108838
MUR 52.442198
MVR 17.176258
MWK 1937.436008
MXN 20.766565
MYR 4.528864
MZN 71.257178
NAD 18.477643
NGN 1502.23485
NIO 41.120764
NOK 10.548462
NPR 167.798119
NZD 2.015128
OMR 0.428348
PAB 1.117421
PEN 3.848972
PGK 5.092095
PHP 70.369926
PKR 309.016043
PLN 4.399568
PYG 6984.129802
QAR 4.084276
RON 5.343646
RSD 117.622186
RUB 91.352798
RWF 1649.13065
SAR 4.188587
SBD 8.974739
SCR 15.358485
SDG 670.719139
SEK 11.033072
SGD 1.430306
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 638.511867
SRD 41.908265
STD 23079.712667
STN 24.500455
SVC 9.776182
SYP 14498.149201
SZL 18.471343
THB 37.411034
TJS 10.307092
TMT 3.902748
TND 3.343362
TOP 2.684822
TRY 55.9111
TTD 7.577141
TWD 36.546782
TZS 2952.454872
UAH 50.616941
UGX 4570.084937
USD 1.115071
UYU 44.950835
UZS 13332.247784
VES 999.456181
VND 28526.296796
VUV 133.25575
WST 3.108617
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.013637
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.420333
ZMK 10036.978597
ZMW 22.703422
ZWL 359.052318
SSP 6406.644798
MXV 2.33632
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Trump to host Xi amid pomp, low expectations
Trump to host Xi amid pomp, low expectations / Photo: Mandel NGAN - AFP

Trump to host Xi amid pomp, low expectations

The US military honor guard has been rehearsing and the new White House helipad is ready. But will Xi Jinping and Donald Trump achieve lift-off at their summit next week?

Text size:

Warnings of an AI apocalypse hang heavy over the Chinese president's first talks at the White House with his US counterpart, with both countries racing for supremacy in this technology.

Trump's Iran war casts a long shadow too, as China seeks to avoid US sanctions against countries dealing with Tehran, despite reports that Beijing supplied Tehran with intelligence for a strike on US troops.

A trade war is of even greater concern and the world's two largest economies are still seeking to mitigate the fallout from Trump's global tariffs. The threat of war over Taiwan looms large as well.

Behind it all is desire to manage tensions between a superpower keen to keep its place at the top and a rapidly rising rival determined to make the 21st century a Chinese one.

"I'll be discussing almost everything with him," Trump told reporters aboard Air Force One on Sunday, ahead of their meeting on September 24.

- 'Don't expect much' -

But the two leaders are more likely to simply extend a relative truce rather than produce any concrete results, like when Xi hosted Trump in Beijing four months ago, experts said.

"I don't expect much to come out of this," Jonathan Czin of the Brookings Institution told AFP.

"In many ways, this is going to be a recapitulation of Trump's visit to Beijing back in May, where the focus was really on the ostensible rapport between the two leaders."

With fears about AI making global headlines, agreement to cooperate on regulation or a slowdown is expected to be a major topic of discussion between Trump and Xi.

But any major deals are "politically out of reach for now," said Wang Dong, a professor at Peking University, as Beijing and Washington both fear losing out in the race for AI dominance.

Tensions over Iran will also come up. US Treasury Secretary Scott Bessent is due to meet his Chinese counterpart He Lifeng this weekend for pre-summit talks including on Iran sanctions.

Trump has, however, played down reports that Chinese entities supplied Iran with satellite imagery for an attack on a US military base in Jordan, saying Xi had "behaved reasonably well" and that "we spy on them, too."

On trade, there is "room for progress on tariffs, agricultural purchases and selected export controls", Yue Su of The Economist Intelligence Unit told AFP.

- 'Spectacle' -

Yet Trump has, as so often before, appeared more interested in the optics of his meeting with a powerful foreign leader than with the substance.

"This is less a summit and more a spectacle. This is designed for deep public consumption," said Kurt Campbell, former US Deputy Secretary of State and now Chairman of The Asia Group.

Trump pushed for a new granite helicopter landing pad on the White House South Lawn to be open in time for Xi's visit, which will include a grand state dinner.

Troops in flashy uniforms have been rehearsing on the White House driveway this week ahead of the welcome ceremony.

Trump's only disappointment is that his under-construction $400 million ballroom won't be ready -- though he has said that when finished it will "top" Beijing's Great Hall of the People, where Xi hosted him in May.

During the Beijing trip Trump showered praise on Xi, only for the Chinese leader to warn about possible "conflict" over Taiwan.

Fears of a possible Chinese invasion of the self-governing island and global semiconductor hub -- which Beijing claims as its territory -- remain the most sensitive topic between Washington and Beijing, said Peking University's Wang.

One possible concrete deliverable is an announcement of further summits.

Trump and Xi are expected to meet in November at the Asia-Pacific Economic Cooperation (APEC) forum in Shenzen, China. The Kremlin has suggested a three-way meeting with Russian President Vladimir Putin.

Trump is meanwhile expected to invite Xi to the G20 summit in December at his Doral resort in Miami.

dk-aue-bys-isk/dw

(K.Lüdke--BBZ)