Trump and Xi to reach trade war 'truce' at G20, says Hong Kong scholar with close ties to Beijing
2018-11-28 09:54:11 source:South China Morning Post
November 27, 2018
US President Donald Trump and his Chinese counterpart Xi Jinping are likely to agree to a truce in the trade war when they meet in Buenos Aires this week, but ironing out the details of where the two countries go next could take some time, according to a Hong Kong scholar with close ties to Beijing.
“The truce will probably come in the manner of a framework agreement … on basic principals with the details to be worked out in the future,” Lawrence J. Lau, an economics professor at the Chinese University of Hong Kong (CUHK) and former member of China’s top political advisory body, said in an interview on Friday.
“I don’t think there will be enough time to work out the details and I really don’t think Trump is a detail person,” said Lau, whose book, China-US Trade War and Their Future Economic Relations, is expected to be published next month.
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