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| Asian member states have grown in prominence as China, India and Indonesia’s economies have boomed over the past two decades. Photo: AFP |
https://www.bloomberg.com/news/videos/2019-06-28/what-are-the-g-20-leaders-going-to-discuss-at-their-summit-video
https://youtu.be/1-TwQmGYsEA
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The world’s most powerful leaders are gathering in Japan for meetings that may set the direction for the global economy and make the difference between war and peace in geopolitical hotspots.
Key things to watch include any signs of a breakthrough in U.S.-China trade talks, efforts to stem rising tensions between the Trump administration and Iran, and concrete action to lower emissions and reduce plastic pollution in oceans. Major agenda items include President Donald Trump’s meetings with Russian President Vladimir Putin and German Chancellor Angela Merkel.
China’s President Xi Jinping condemned protectionism and "bullying practices" in a meeting with African leaders ahead of the summit, according to Dai Bing, the foreign ministry’s Director General for African Affairs.
“Any attempt to put one’s own interests first and undermine others’ will not win any popularity,” Xi said, according to Dai.
The comments come a day ahead of Xi’s meeting with U.S. President Donald Trump as the leaders try to resolve their trade war, as well as other major disputes like Huawei and the South China Sea. - Bloomberg
Read more:
US president warns of Plan B on China trade - Business News
Only sincerity can break trade impasse
Whether there is an agreement or not, China will defend its core interests and will focus on doing its own things well. China is well prepared economically and politically
With
Xi Jinping, Narendra Modi and Vladimir Putin displaying increasing
bonhomie, the United States will have cause to reflect on its recent
trade disputes with ally New Delhi
German leader, 65, sparked renewed fears for her health after bout of uncontrollable shaking on eve of summit in Japan.
Chinese president meets Prime Minister Shinzo Abe ahead of G20 summit in Osaka, saying he hopes to strengthen ties further.
Activists
say Japan has fallen behind on reducing plastic consumption and is
caving to US pressure to water down language on climate change to
achieve a unanimous statement on the issue.
Asia’s
major economies have become increasingly important at the multilateral
forum, which experts say is an opportunity for the likes of China and
Japan to step into leadership roles formerly dominated by the West.
Kim still committed to goal of denuclearising the Korean peninsula, Xi says.
Chinese
President Xi Jinping and US counterpart Donald Trump are set to meet in
Osaka, Japan on Saturday, with reports that details of a truce are
being drafted.
The
Russian leader faces a whirlwind diplomatic task in Osaka. Iran, Syria
and arms control top his agenda with the US president, while Trump’s
stance on trade has pushed India, China and Russia closer
Fresh tariffs threatened by the United States are expected to be delayed, with the two countries preparing separate statements.
Tariff
war could ease after G20 meeting between Xi Jinping and Donald Trump in
Osaka, but rivalry over technology and finance may escalate into other
fields.
Steven Mnuchin says this week’s meeting of the leaders of the world’s two biggest economies will be ‘very important’
Washington
hints that access to its spying capabilities could be under threat if
South Korea does not play ball over China’s 5G giant. That leaves Seoul
to weigh the demands of its security ally against those of its top trade
partner.
Hundreds
of companies and industry groups weigh in on impact of proposed tariffs
on around US$300 billion of Chinese products, ahead of Saturday’s
Trump-Xi meeting in Japan.
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