The Prague Post - Trump vows to push Xi to 'open up' China at superpower summit

EUR -
AED 4.114065
AFN 72.259582
ALL 90.790621
AMD 404.158249
ANG 2.004979
AOA 1027.255243
ARS 1706.277137
AUD 1.605841
AWG 2.019222
AZN 1.908846
BAM 1.955598
BBD 2.254667
BDT 138.445698
BGN 1.95798
BHD 0.422456
BIF 3355.553362
BMD 1.120234
BND 1.430852
BOB 13.181638
BRL 5.562192
BSD 1.119484
BTN 106.219027
BWP 15.421407
BYN 3.28696
BYR 21956.591821
BZD 2.251367
CAD 1.568609
CDF 2594.46299
CHF 0.92428
CLF 0.028243
CLP 1105.065844
CNY 7.480981
CNH 7.472639
COP 3552.732992
CRC 510.847228
CUC 1.120234
CUP 26.866225
CVE 110.25361
CZK 24.330933
DJF 199.339408
DKK 7.473811
DOP 68.662907
DZD 150.487454
EGP 61.701626
ERN 16.803514
ETB 182.080891
FJD 2.506193
FKP 0.83772
GBP 0.83759
GEL 2.901844
GGP 0.83772
GHS 12.979659
GIP 0.83772
GMD 82.897735
GNF 9906.976581
GTQ 8.557116
GYD 234.45578
HKD 8.78527
HNL 30.053895
HRK 7.537165
HTG 146.714844
HUF 366.731529
IDR 20269.350965
ILS 3.478944
IMP 0.83772
INR 106.361208
IQD 1697.024692
IRR 2052689.282929
ISK 136.422562
JEP 0.83772
JMD 177.661647
JOD 0.79429
JPY 175.72038
KES 145.354984
KGS 97.962924
KHR 4573.527541
KMF 492.347215
KPW 1008.210806
KRW 1482.658115
KWD 0.348046
KYD 0.932904
KZT 508.267495
LAK 25190.397759
LBP 100245.344367
LKR 371.711601
LRD 190.860284
LSL 18.546684
LTL 3.307761
LVL 0.677619
LYD 7.169259
MAD 10.995664
MDL 20.205913
MGA 5062.477032
MKD 61.598637
MMK 2352.610992
MNT 4031.902629
MOP 9.043866
MRU 44.738378
MUR 52.830672
MVR 17.319246
MWK 1941.099479
MXN 20.912986
MYR 4.576498
MZN 71.587148
NAD 18.546684
NGN 1492.219693
NIO 41.195744
NOK 10.482469
NPR 169.950444
NZD 1.961367
OMR 0.429016
PAB 1.119384
PEN 3.844503
PGK 5.013482
PHP 71.267107
PKR 309.775499
PLN 4.40251
PYG 6474.331183
QAR 4.080578
RON 5.3545
RSD 117.487863
RUB 89.990404
RWF 1653.929144
SAR 4.204519
SBD 9.045421
SCR 15.663382
SDG 673.825035
SEK 11.125947
SGD 1.430432
SHP 0.837151
SLE 25.709792
SLL 23490.757589
SOS 639.733914
SRD 42.176265
STD 23186.587781
STN 24.497469
SVC 9.794988
SYP 14565.285711
SZL 18.546084
THB 37.830725
TJS 10.315634
TMT 3.932022
TND 3.342755
TOP 2.697255
TRY 55.679905
TTD 7.606214
TWD 36.503734
TZS 2963.693842
UAH 50.679165
UGX 4931.490563
USD 1.120234
UYU 44.895362
UZS 13396.616091
VES 985.569686
VND 28949.654292
VUV 132.885547
WST 3.100575
XAF 655.957
XAG 0.020782
XAU 0.000280356799
XCD 3.02749
XCG 2.017492
XDR 0.792064
XOF 655.957
XPF 119.331742
YER 264.491333
ZAR 18.566461
ZMK 10083.456786
ZMW 22.506675
ZWL 360.71498
SSP 6436.081715
MXV 2.360302
  • AZN

    -1.0800

    171.49

    -0.63%

  • RBGPF

    2.6200

    72.77

    +3.6%

  • BTI

    -0.9900

    59.48

    -1.66%

  • RYCEF

    -1.7500

    15.26

    -11.47%

  • VOD

    -0.3800

    15.74

    -2.41%

  • RIO

    -0.7200

    83.42

    -0.86%

  • BP

    1.2700

    51.32

    +2.47%

  • GSK

    -0.4600

    50.75

    -0.91%

  • CMSC

    0.0000

    19.6

    0%

  • NGG

    -0.7800

    81.86

    -0.95%

  • BCC

    -0.5500

    77.74

    -0.71%

  • BCE

    -0.4100

    20.4

    -2.01%

  • RELX

    -0.0800

    40.54

    -0.2%

  • JRI

    0.0700

    10.75

    +0.65%

  • CMSD

    0.1800

    19.78

    +0.91%

Trump vows to push Xi to 'open up' China at superpower summit
Trump vows to push Xi to 'open up' China at superpower summit / Photo: Brendan SMIALOWSKI - AFP

Trump vows to push Xi to 'open up' China at superpower summit

US President Donald Trump said he would ask Xi Jinping to "open up" China to American firms as he headed to Beijing on Wednesday for a high-stakes summit that will also bring up the Iran war.

Text size:

In a sign of Trump's focus on business, Nvidia chief Jensen Huang boarded Air Force One during a stopover in Alaska, with Tesla's Elon Musk also travelling on the presidential plane to China.

"I will be asking President Xi, a Leader of extraordinary distinction, to 'open up' China so that these brilliant people can work their magic, and help bring the People's Republic to an even higher level!" Trump wrote on social media after departing Washington.

A host of other top CEOs, including Apple's Tim Cook, will also be in Beijing for the visit, the first by a US president to China in nearly a decade.

But Trump's ambitions to ramp up trade will have to contend with political frictions over Taiwan and the war in the Middle East, which already delayed the trip from March.

As he departed the White House, Trump said he expected a "long talk" with Xi about Iran, which sells most of its US-sanctioned oil to China.

But he also downplayed disagreements, telling reporters that "I don't think we need any help with Iran" from China and that Xi had been "relatively good" on the topic.

Yet Beijing is growing impatient for peace, with China's foreign minister urging his Pakistani counterpart on Tuesday to step up mediation efforts between Iran and the United States.

- 'Big deal' -

This week's trip -- the first since Trump visited Beijing in 2017 -- will involve highly anticipated talks with Xi on Thursday and Friday, as well as lavish pomp and ceremony.

The packed itinerary includes a state banquet in Beijing's Great Hall of the People and a tea reception.

Trump said Monday he would speak to Xi about US arms sales to Taiwan, the self-governing democracy claimed by China -- a departure from historic US insistence that it will not consult Beijing on its support to the island.

China's controls on rare earth exports, AI rivalry and the countries' raucous trade relationship are also among the topics expected to be taken up by the heads of the world's top two economies.

The two sides are set to discuss extending a one-year truce in their tariff war, which Trump and Xi reached during their last meeting in South Korea in October.

The tense buildup to the superpower summit was already visible on the streets of Beijing, with police monitoring major intersections and checking the ID cards of passengers on the metro, AFP journalists saw.

"It's definitely a big deal," said Wen Wen, a 24-year-old woman travelling from the eastern city of Nanjing, when asked by AFP about Trump's visit.

"Some progress will certainly be made," she said, noting that she hopes China and the United States can ensure "lasting peace" despite "recent instability in the global situation".

- 'Very good relationship' -

The United States and China have long sought to stabilise their relationship despite increasingly seeing each other as adversaries in trade and geopolitics.

Trump has repeatedly touted a strong personal relationship with Xi, which he insisted on Monday would prevent a Chinese invasion of Taiwan, the self-ruled island claimed by Beijing.

"I think we'll be fine. I have a very good relationship with President Xi. He knows I don't want that to happen," he said.

Trump's trip will be closely scrutinised by Taiwan and Asian allies for any sign of weakening US support.

Beijing has grown more confident and assertive since Trump's 2017 trip and the US president finds himself in a weakened position as he seeks a way out of his Iran war.

But the summit also comes at an uncertain time for China's economy, which has struggled in recent years with sluggish domestic spending and a protracted debt crisis in the once-booming property sector.

burs-dk/dhw/lga

U.Ptacek--TPP