US Official Optimistic About US-China Trade Board Deliverables Ahead of Trump-Xi Summit
Quick Look
US official Greer expressed optimism about stable US-China relations and announced likely deliverables from the upcoming Trump-Xi summit, including operationalising the US-China Board of Trade and boosting US agricultural sales to China, confirming prior SCMP reports.
AI-generated summary
Why It Matters
The US-China Board of Trade and Board of Investment were announced in May following Trump’s visit to Beijing as mechanisms to manage business ties between the world’s two largest economies.
“I am optimistic. The Chinese very much want to have a stable relationship. That’s the word they use: stability. We’re in favour of that as well,” Greer said in an interview with Fox News on Thursday.
He also said announcements on operationalising the US-China Board of Trade and incentivising US agricultural sales to China would be the likely outcome of the summit between Xi and US President Donald Trump in Washington, which confirms reports by the South China Morning Post.
“We expect we’ll also have some deliverables on the Board of Trade that we’ve talked about,” he said.
“We’re getting together with our Chinese counterparts,” he added.
The creation of the Board of Trade was announced in May following Trump’s visit to Beijing, alongside a new Board of Investment, as mechanisms for managing business ties between the world’s two largest economies.
What to Watch
AI outlook — possibilities, not facts
The US-China Board of Trade will be operationalised following the Trump-Xi summit.
Likely · Within weeks
US agricultural sales to China will be incentivised as part of summit deliverables.
Likely · Within weeks
Open Questions
- What specific measures will be included in the operationalisation of the Board of Trade?
- How will US agricultural sales to China be incentivised?
- What is the timeline for implementing these deliverables?
