i believe you are correct w/r to <<Most presidents get elected based on their domestic policies, but they realize that their legacy is based on their international policies ... the generals ... stabilizing presence. The neocons continue to circle around the edges...If they worm their way into positions of power and influence, we have much more to fear. >>
in the mean time, heart-warming trajectory in beijing
the tell was for 9B, and actual may reach 280B (sure, some of the deals may be advance MOUs, but why quibble - nuclear war is off the table in the mean time)
the two boyz apparently play well together
scmp.com
Xi Jinping, Donald Trump to sign trade deals worth up to US$280 billion, sources say
President Xi Jinping and his US counterpart Donald Trump will witness the signing of deals that could be worth up to US$280 billion later on Thursday, according to people who have seen an initial list of the agreements.
If the deals are confirmed, it would make Trump’s visit to China one of the most fruitful for Chinese and US businesses in terms of the value of the deals stuck, displaying Beijing’s efforts to narrow its trade surplus with the US and sooth Trump’s complaints about the two nations’ unbalanced trade relationship.
Among a long list of agreements ranging from shale gas to car parts, China Petroleum and Chemical Corp, the state energy group, will sign a “very big” deal to jointly explore for natural gas with the US in Alaska, according to the sources.
China’s sovereign wealth fund, China Investment Corp, is expected to offer financial support. Bank of China, a Chinese state-owned bank, will help with finance, too, the sources said.
Trump visit to China gets going with US$9bn in trade deals as Beijing hints there is more to come
Another state energy giant, China National Petroleum Corp is expected to ink an initial agreement with Cheniere Energy about a “long-term supply contract” of liquified natural gas.
Xiaomi and Vivo, China’s two big mobile phone makers, will sign deals to buy products from Qualcomm, the US telecom mobile chip maker, the sources said. The US tech firm Broadcom made a US$105 billion takeover bid for Qualcomm earlier this month.
China’s Silk Road Fund, a unit under the People’s Bank of China to promote the Belt and Road international trade initiative, may set up a joint fund with the US. This comes after the previously reported joint manufacturing fund between the China Investment Fund and the United States.
Other deals include the Chinese purchase of planes from Boeing and the imports of Tesla cars into China, according to the sources.
China and US businesses already signed US$9 billion worth of deals on Wednesday.
The signing was witnessed by Chinese Vice-Premier Wang Yang and US Commerce Secretary Wilbur Ross.
Wang said the agreements were just a “warm up” for bigger deals.
China’s customs administration released figures on Tuesday showing a trade surplus of US$26.6 billion with the United States in October alone. |
