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Added on the 10/04/2018 15:57:32 - Copyright : Wochit
Trump says he received a 'beautiful letter' from China's Xi on trade and there is still a chance to salvage trade negotiations to resolve a year-long dispute, adding that he and Xi likely would speak by telephone later. SOUNDBITE
Hong Kong (CNN) As United States President-elect Joe Biden faces an ugly, potentially contested transition, foreign policy may be the last thing on his mind. But in capitals around the world, foreign leaders are already clamoring for his attention, hoping to reset relationships and restore norms that shifted under President Donald Trump. Nowhere will there be greater opportunity for a shift than in the US-China relationship, which has deteriorated to historic lows during Trump's term in office. Over the past four years, both sides have slapped the other with trade tariffs, restricted access for tech companies, journalists and diplomats, shuttered consulates, and squared off militarily in the South China Sea.
Chinese President Xi Jinping arrives in Athens for his three-day visit where he will meet Greek President Prokopis Pavlopoulos and Prime Minister Kyriakos Mitsotakis before heading to a BRICS summit in Brazil. Xi's visit comes on the heels of a four-day trip to Shanghai by new conservative PM Mitsotakis. IMAGES
French President Emmanuel Macron says he hopes China and the United States can resolve their trade war but that any deal must "preserve the interests" of other economic partners, starting with the European Union, as he addresses an international trade fair in Shanghai. SOUNDBITE
US President Donald Trump confirms latest China tariffs set for Sunday are still "on". He was speaking to reporters as he left the South Lawn of the White House for Camp David. SOUNDBITE
The IMF says while the US economy is expected to grow slightly faster this year, it will be overshadowed by material risks including damage from the China trade conflict. SOUNDBITE
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