Patricia Ordóñez de Pablos highlights likely talking points between Donald Trump and Xi Jinping in their upcoming meeting

Tweets, Tension and Trade: The Upcoming Trump-Xi Meeting

By Colby Conway on Apr 5, 2017
Tweets, Tension and Trade: The Upcoming Trump-Jinping MeetingPatricia Ordóñez de Pablos is a professor in the Department of Business Administration and Accountability in the Faculty of Economics at The University of Oviedo (Spain). Her teaching and research interests focus on the areas of strategic management, knowledge management, intellectual capital and China. She is the Editor-in-Chief of IGI Global’s International Journal of Asian Business and Information Management (IJABIM), as well as an editor for several IGI Global book publications and full book series. Professor Ordóñez de Pablos recently wrote China and the United States: Open Fronts for A Tense Encounter, in Cinco Días, a Spanish economic newspaper. She highlights an important upcoming meeting between two powerful individuals.

On Thursday, April 6, Donald Trump, President of the United States and Xi Jinping, President of China, will meet for the first time. The relationship between these two didn’t begin on friendly grounds, considering Xi's harsh criticism of Trump during the election. According to a statement by the White House on March 30, “the two leaders will discuss global, regional and bilateral issues of mutual interest.” However, Ordóñez de Pablos, in more detail, suggests that the two could discuss “international trade and trade deficit with China, territorial disputes in the South China Sea and tension with North Korea.”

As if the meeting isn’t going to be tense enough, President Trump took to twitter to explain that the meeting is “far from simple.” On March 30, President Trump tweeted about the upcoming meeting with President Xi.

"The meeting next week with China will be a very difficult one in that we can no longer have massive trade deficits and job losses. American companies must be prepared to look at other alternatives.”

Regarding President Trump’s tweets, Ordoñez De Pablos provided insight on the United States trade deficit.

“By 2016, the United States trade deficit amounted to 472 billion euros, the highest in the last four years, with China, Japan and Germany accounting for the largest deficit. The United States sold and bought China worth € 109 billion and € 435 billion, respectively, resulting in a trade deficit of € 326 billion. The trade deficit with Japan stands at 64.5 billion euros and Germany at 60.7 billion."

As Ordoñez De Pablos alluded to in her piece, tension with North Korea is likely to be discussed in this meeting. “China and the United States have different goals for North Korea,” Ordoñez De Pablos points out. “China would not favor a collapse of North Korea leading to potential reunification with the other Korea and a further alignment with the United States or a problem of Korean refugees in Chinese territory.” On the other hand, the United States mentioned that the policy of “strategic patience” is over. On March 17, President Trump tweeted the following, alluding to little or no help in the situation from China.

Tweets, Tension and Trade: The Upcoming Trump-Jinping Meeting

“This Thursday, Donald Trump and Xi Jinping, presidents of the two largest economic powers in the world, meet for the first time and must strive to build mutual trust that contributes to a relationship that is beneficial to their countries and that fosters dialogue and bilateral and multilateral strategic issues. The US knows the many challenges awaiting in the coming years cannot be solved unilaterally. We await the signals that President Trump sends to the markets about his plans to manage the relationship with China and their reactions.”

Cinco Días is a Spanish economic newspaper and with Professor Ordóñez de Pablos publishing in the business and economic genres, it was a perfect fit.

Learn more about the International Journal of Asian Business and Information Management, and view other publications by the esteemed Patricia Ordóñez de Pablos below.

Disclaimer: The opinions expressed in this article are the author’s own and do not reflect the views of IGI Global.
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During these crucial times any discussion on economy in general and Chimerica* in particular shall affect global strategic interests.*Chimerica =China America The term is borrowed from Naill Furguson (1)This phase of current history will be interesting on matters related to foreign policy and economy because the leadership after Andrew Marshal- frequently appreciated "for thinking way, way outside the Pentagon box (2)" shall be tested.“Everything seems to be at peak of perfection (3)” References 1) Ferguson, N. (2008). The ascent of money: A financial history of the world. Penguin. 2) Foreign Policy. 26 November 2012. "The FP Top 100 Global Thinkers".,333)The Art of Worldly Wisdom, by Balthasar Gracian
Raghubir Singh Chauhan in response to Raghubir Singh Chauhan(Show comment)6 months ago
Very interesting and timely.