November 2, 2018

Chinese President Xi Jinping is set to kick off a week-long expo next Monday that promotes his country's status as a major consumer of the world's goods.

The opening speech comes a day before Americans head to the polls for midterm elections, and amid growing bipartisan criticism of China, particularly over its treatment of foreign companies and intellectual property. The major Chinese event, however, will seek to position the country as an importer of goods, drawing in top executives in the process.

Although plans for the China International Import Expo were announced more than a year ago, the event will stand in contrast to Beijing's ongoing trade fight with the United States: President Donald Trump has targeted his country's $375 billion goods trade deficit with China by levying tariffs on an extensive list of products. China, for its part, unsuccessfully tried to negotiate on tariffs by offering to buy more U.S. goods, but ultimately responded with duties on products from the U.S.

Read more:

https://www.cnbc.com/2018/11/02/trade-war-china-xi-jinping-to-speak-at-ciie-on-imports.html