China and the United States are working on a new location for a meeting between US President Donald Trump and Chinese President Xi Jinping, where they are expected to sign phase one of a trade agreement. Photo: AFP

China ready to open up to foreign investment, but at its own pace, expert says

  • State-led development may be adjusted, but not to suit US demands, Chinese diplomatic observer says
  • Party leadership affirms key role for state-owned enterprises will continue
Topic |   US-China trade war

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China and the United States are working on a new location for a meeting between US President Donald Trump and Chinese President Xi Jinping, where they are expected to sign phase one of a trade agreement. Photo: AFP
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US President Donald Trump and Xi Jinping will not meet in Santiago next month, but their countries’ trade negotiators will talk on Friday. Photo: AFP

Trade war: China and US to hold phone talks on Friday after Apec setback

  • Chile pulls out of hosting Apec summit, at which Presidents Xi Jinping and Donald Trump planned to meet
  • Cancellation could allow more time to strike better trade deal, which need not require a presidential summit, observers say
Topic |   US-China trade war

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US President Donald Trump and Xi Jinping will not meet in Santiago next month, but their countries’ trade negotiators will talk on Friday. Photo: AFP
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