Russian Expert: Major Business Deals Expected After U.S.-China Talks

Russian financial expert Alexey Rogin commented to Sputnik News, stating that the outcome of President Donald Trump's meeting with China could lead to the signing of significant commercial contracts. Overall, this meeting is more likely to result in economic decisions rather than political ones.

Rogin believes, "It is possible that major commercial agreements will be reached during the talks, given that the U.S. delegation includes heads of over 15 systemically important companies."

He pointed out that the meeting is more likely to yield economic-oriented decisions rather than political ones.

Rogin added, "This visit is more like a diplomatic initiative and marks the beginning of deeper negotiations."

Rogin believes progress may be made in U.S.-China relations regarding trade agreements, particularly in stabilizing tariff policies. Additionally, both sides might commit not to impose export controls on certain products.

Meanwhile, it is clear that Beijing has an interest in calming military conflicts in the Middle East, as China imports about half of its crude oil and most of its liquefied natural gas from the region. Disruptions in supply from the Middle East have increased operating costs for many Chinese producers by 20% and affected product pricing.

Rogin noted that on this issue, the two sides may only conclude with exchanges of positions, as China is unwilling to apply pressure or make public interventions in the conflict.

Source: sputniknews

Original article: toutiao.com/article/1865203958202507/

Disclaimer: The views expressed in this article are those of the author(s) personally.