Former Chinese central bank chief hopes for positive news but is not optimistic.

U.S. President Donald Trump said on Monday he would meet Chinese President Xi Jinping next month as the trade war between the world’s two largest economies intensified, sending shivers through global markets.

Trump's remarks fuel anticipation that the two countries may be close to a trade deal.

The US-China trade dispute continues on in uncertainty.

Negotiators need to narrow the gap over enforcement of potential deal before summit arrangements are made, U.S. envoy says

On trade, Beijing seeks what the Trump administration demands—what it perceives as economic advantage. The PRC is no more likely than Washington to offer unilateral benefits. China’s stance is likely to toughen after the latest Chinese Communist Party congress. He is unlikely to make a priority of satisfying Secretary Tillerson’s desire for “movement.”

Trump will be visiting China Nov 8-10 as part of Asia tour, White House has announced.

As economic and trade relations between these two great nations evolves toward benign interaction, both countries should transcend the 100-Day Economic Plan and promote implementation of a post-100-day plan. In terms of broad prospects for cooperation, they should deepen industrial cooperation to promote the integration of a range of high-quality factors of production and innovative resources.

Outcomes fromU.S.-China trade talks that were recently announced ignored the major structural issues facing U.S.-China economic relations. While a trade deal was produced, the major point of contention between the two countries, that they practice deeply divergent forms of capitalism, was ignored. In order to truly make progress on trade between the U.S. and China mutual understanding of the different dynamics driving the two forms of capitalism is needed.

Since the 2008 global financial crisis, China and the U.S. have entered into a new structure, namely an emerging dual leadership structure, in the Asia-Pacific. This trend represents the future direction of U.S.-China relations.