Meanwhile, Jake Parker, vice-president for China operations at the US-China Business Council, said that the presidents’ telephone call created an opportunity for the two countries to discuss their many disputes – from the trade imbalance to China’s forced technology transfers – but none of them would be easy to resolve. “They are maybe too complex to be solved in just one meeting,” he said. “But the leadership summit could lay the groundwork for how to proceed.”
USCBC in the News
Jake Parker, vice-president of China operations at the US-China Business Council, which will host a conference at the fair, said China’s latest tariff reductions would create new business opportunities for importers. “China seems to recognise that it needs to address concerns about how it treated imports,” he said. “But the implementation will be key – that is, through customs and to customers. Many American companies are taking part [in the expo] and hope that new business opportunities will come out...
Jacob Parker, vice president of China operations at the US-China Business Council in Beijing, said there were plenty of challenges that would require significant negotiations in advance of a meeting between Trump and Xi to ensure success. "What negotiations have lacked to date has been that (presidential) level of engagement. If President Trump makes an agreement with President Xi, there is nobody above them to overturn it," he said.