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Bloomberg

Chinese President Xi Jinping is not planning to attend the World Economic Forum in January, according to people familiar with the matter, taking one option for a face-to-face meeting with his US counterpart Donald Trump off the table.
Beijing still plans to send its top trade negotiator, Vice-Premier Liu He, to Washington to sign the phase one deal in early January, an official said separately, asking not to be identified because the discussions were private.
US trade representative Robert Lighthizer has said he expects the 86-page agreement to be signed around that time.
China’s foreign ministry did not immediately respond to a faxed question about the trip.


Davos is scheduled to take place from January 21 to January 24, ending the same day that Lunar New Year celebrations begin.
Xi has typically toured the country visiting smaller towns and cities ahead of the holiday, a tradition the country’s leaders have kept since the early 1990s to shore up public support.
Trump plans to attend the event in Switzerland, four administration officials said earlier. The first and only time Xi attended Davos was in 2017, when he defended global trade and multilateralism just before Trump’s inauguration.


Earlier this year, Vice-President Wang Qishan led the Chinese delegation in Davos, with Xi also skipping the event in 2018.
The US and China have been fighting a protracted trade war since early 2018, announcing this month that they reached an agreement on the first phase of a deal that would include reducing some of the tariffs levied during the dispute.
US Treasury Secretary Steven Mnuchin told CNBC on Thursday that the accord is going through a technical and legal review, and will be released and signed in early January.


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Xi Jinping

China’s Xi Jinping set to skip World Economic Forum in Davos, scuppering hopes of meeting with Donald Trump

China's President Xi Jinping last attend the World Economic Forum in Davos, Switzerland in 2017. Photo: AP

US President Donald Trump is expected to attend the World Economic Forum in January. Photo: Reuters

Trade war: China’s trading partners wary of phase one deal, while analysts puzzle over US$200 billion import figure

China’s imports of American liquefied natural gas (LNG) could help it meet US phase one demands. Photo: Reuters

China has agreed to increase imports of US agricultural products over two years. Photo: EPA-EFE

Trade war: China lifts tariffs on six US chemical products in goodwill gesture after agreeing phase one deal

According to a brief statement by Customs Tariff Commission of the State Council, China will exempt six products, including special synthetic resin, from additional tariffs from December 26 to December 25 of 2020. Photo: Reuters

Trade war: China, US tensions will persist despite phase one deal, says renowned scholar

China and the US reached the agreement on the phase one deal last week, and according to China’s announcements, the two sides have agreed to scale back existing tariffs, while China will increase purchases of US products. Photo: AFP

Fan Gang is the director of the Beijing-based think tank, the National Economic Research Institute. Photo: Xinhua

Trade war: China’s trade ministry fails to mention phase one deal as a priority for 2020

Trade negotiators from China and the US shake hands before a round of negotiations earlier this year. China has refused to be drawn on the details of a phase one deal announced last Friday. Photo: AP

China's Vice-Premier Liu He gestures to the media between US Trade Representative Robert Lighthizer (left) and Treasury Secretary Steven Mnuchin before trade negotiations in Washington on October 10. Photo: Reuters

Trade war: China won’t rush into agriculture purchases under ‘phase one’ deal, US government adviser says

China has pledged to buy at least US$80 billion in US agricultural products in the next two years, according to US Trade Representative Robert Lighthizer. Photo: EPA

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The summit in Davos, Switzerland, is scheduled to take place from January 21 to January 24, ending the same day that Lunar New Year celebrations begin
Beijing still plans to send its top trade negotiator, Vice-Premier Liu He, to Washington to sign the phase one deal in early January



The World Economic Forum in Davos, Switzerland, is scheduled to take place from January 21 to January 24, with US President Donald Trump expected to attend.
