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Trump jokes he's 'gotten nothing' from Xi so far
By Andrew BEATTY
Palm Beach, United States (AFP) April 7, 2017


President Donald Trump predicted a "very great" relationship with China's Xi Jinping as the pair met for the first time at his Florida resort of Mar-a-Lago Thursday, when cordiality replaced tough anti-China rhetoric.

Trump, in his signature red tie, warmly welcomed his Chinese counterpart Xi, decked out in contrasting blue, to what the US leader likes to call the "Winter White House" for a superpower summit in the sun.

Inside the luxurious resort Trump waxed lyrical that it was a "great honor" to host the Chinese leader, breaking the ice with a joke about his own dealmaking prowess.

"We had a long discussion already. So far, I have gotten nothing. Absolutely nothing," he said to laughs from the delegation.

"But I can see that, I think long-term, we are going to have a very, very great relationship and I look very much forward to it."

This is the first time the two leaders meet, after a US election that featured frequent barbs at China's "rape" of the US economy.

During that campaign, Trump had ridiculed his predecessor's decision to offer Xi a coveted state dinner, saying that -- if elected -- he would serve the 63-year-old a Big Mac.

But inside Mar-a-Lago's ornate dining room -- with gold-trimmed chairs, fine cut glass and polished silverware -- it was Dover sole with champagne sauce and New York strip steak with whipped potatoes rather than McDonald's on the menu.

The open agenda and the personal setting for the 24-hour summit are designed to allow the leaders to freewheel and build a rapport, in what is the world's most important relationship.

The Chinese leader has plans to reciprocate America's hospitality, according to Beijing's official news agency.

Xinhua reported on Friday that Xi invited Trump to a state visit in China later this year, an offer which it said Trump accepted "with pleasure."

The Florida summit has been somewhat overshadowed by Trump's decision to launch military action targeting the Syrian regime, in response to an apparent chemical attack.

Trump informed the Chinese leader personally of the missile strikes on an air base in central Syria, a senior administration official told AFP.

Talks will continue up to a working lunch on Friday, and are likely to turn to more serious issues.

- Peace offerings -

Amid concerns about security and public perceptions, Xi and his wife are not staying at Mar-a-Lago, but at a resort and spa a short drive down the palm-fringed coast that is, for now, watched by snipers, tactical units and a coastguard cutter.

The two leaders were joined Thursday evening by US first lady and former model Melania Trump and Peng Liyuan -- a celebrated folk singer who Trump hailed as a "great, great celebrity."

Xi had arrived to the meeting with a gift basket of "tweetable deliverables," sources say, peace offerings on Trump's signature issues -- trade and jobs -- that he hopes will smooth over a relationship that began on shaky ground following disagreements over Taiwan.

Top of the list, according to a source briefed on Xi's plans, will be a package of Chinese investments aimed at creating more than 700,000 American jobs -- the number pledged to Trump by China's regional rival Japan, during Prime Minister Shinzo Abe's February Mar-a-Lago visit.

There may also be offers to further open China's auto and agricultural markets, insiders say, and even some concessions on Chinese banks' transactions with North Korea, a vital financial lifeline for the country.

In return, Xi hopes to get assurances from Trump on punitive tariffs and that an American arms sale to Taiwan will be delayed, at least until after a major Communist Party meeting later this year.

Trump's position on democratically-ruled Taiwan, which China considers a breakaway province, has been a major irritant since the billionaire politician accepted a protocol-breaking phone call from the Taiwanese president after his election victory.

- All politics is local -

The summit stakes, both domestic and international, are high.

Disagreements over approaches to North Korea or bilateral trade could, if mishandled, destabilize North East Asia or tank the global economy.

On the domestic political front, Xi is heading into a critical year. Ahead of a party congress that could cement his grip on power for years to come, he needs to show that he can deal with the US leader as an equal.

He "cannot afford to lose face while China aspires to be the new center of gravity for the world order," China political analyst Willy Lam told AFP.

Meanwhile, Trump -- who is reeling from legislative defeats, low approval ratings and unrelenting scandals -- desperately needs a win.

On the US side, however, North Korea will likely top the agenda following Wednesday's provocative missile launch.

The Trump White House worries Pyongyang is just months away from marrying nuclear and long-range missile technology and putting the west coast of the United States within striking distance.

The timing of Thursday's strike on Syria, during Trump's meeting with Xi, is likely to give weight to US threats to deal with North Korea's nuclear and missile programs unilaterally if necessary.

While Beijing has condemned the missile tests, it has hesitated to take dramatic action against Pyongyang, fearing that the country's collapse would generate a flood of refugees across its borders and leave the US military on its doorstep.

TRADE WARS
US agrees to ChemChina's $43 bn takeover of Syngenta
Beijing (AFP) April 5, 2017
US authorities have agreed to the $43 billion takeover of Swiss pesticide giant Syngenta by state-owned ChemChina, marking the biggest overseas acquisition by a Chinese firm. The move lays the path for what would be the latest in a string of foreign investments by Chinese firms fuelled by Beijing's call for its companies to "go out" and expand. It also comes days before a meeting between ... read more

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