The Twenty Group Summit was held in Osaka, Osaka, Japan for two days. The focus of all parties was placed in the Chinese President of China ... and whether the meeting with US President Trump can break through the trade disputes of the two major economies in the world.Before the US Treasury Secretary Nuchin, the progress of the negotiations has taken 90 % of the negotiations. On the other hand, the United States has dealt with the R & D and manufacturing institutions of the five super computer in China.On the one hand, the poly pressure is applied.

The Twenty Summit has a wide range of discussions, from climate, energy to infrastructure and digital economy. The most concerned is international trade.The Twenty -Tenth Political Secretary of China and the Central Bank of President issued a joint statement at the beginning of this month, which described the most important thing is that trade and geopolitical risks are gradually rising.

The initiator of the trade risk is the country that has promoted protectionism in the Trump administration. Now the country with tariff warfare with the United States, not only China, the European Union, Japan, and India in the 20th Group of Twenty are fighting with the United States.All parties of the summit will inevitably fight for trade issues.

Midea to put pressure on the edge of the Chinese side

At the Summit of the Twenty State of the Aurus Aires in Argentina last year, it deleted the contemporary anti -protective wording of the protectionist because of the United States' opposition.The media reported by the Dongdao Kingdom in Japan that some European countries demanded that in the announcement, the words of warning protectionism spread words, so that the host country Japan may use the words similar to promoting free trade when they are planning to jointly buses.Wang Shouwen, deputy minister of the Ministry of Commerce of China, has recently stated at the press conference that he is willing to build a free and open trade investment policy environment with all parties.

China has replaced the United States to become the most powerful proposal for free trade. This time, China has not insisted on using similar words such as resistance and protectionism to avoid destroying the atmosphere of Xi Special.In the United States, Treasury Secretary Nuchin also expressed that he hopes that the rest of the trade negotiations will be completed by the end of this year, and the Wall Street stock market will be revitalized.However, the early Sino -US trade talks also made optimistic remarks in the early days. Later, Trump turned sharply and levied tariffs. During the trade talks, Nuchin released the pigeon, and the trade representative Leitshiz was an eagle.It depends on the need to shoot.

Trade talks are still more variables

Now that the Sino -US trade war has expanded to the scientific and technological war. After the United States has tried to block Huawei, the largest electronic equipment supplier in the world, the United States has recently announced that the five companies involved in the development and production of super computer research and development and production of Chinese institutions are the same as Huawei.Shang sold parts to it, and in addition, the news said that the three Chinese banks refused to provide information involving US sanctions to help North Korea's money laundering at the request of the US court., Pressure before the Xi special meeting.In addition, there are Taiwanese and Hong Kong cards in the United States.

Although the US economy continues to grow and the overall employment data is expected, the consumption confidence has fallen to the minimum level in 15 months, and the decline is the largest of four years. Among the last time supported by Trump, eight states have unemployment.The influence of the trade war on the US economy and Trump's political conditions has gradually emerged.Both China and the United States have the willingness to continue to talk.If the Xi Fei agrees that the trade war will not be upgraded for the time being, and the two sides return to the negotiating table, the global market can be relieved for a while. However, when the remaining 10 % journey goes, there must be more variables.