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China hopes Xi-Trump meeting to direct ties in new era

The first face-to-face talks between Chinese President Xi Jinping and U.S. President Donald Trump have officially been announced.

The news conference came just two hours after Trump took to Twitter to blame the country for US trade deficits and job losses, saying the meeting "will be a very hard one".

"Do you think they look like each other?" the tweet asked.

President Trump will host Xi for two days at his Mar-a-Lago resort in Florida.

US President Donald Trump predicted an upcoming meeting with Chinese leader Xi Jinping would be "very difficult" Thursday, laying out an adversarial tone ahead of a high-profile summit. Also, he argued that the bilateral trade has created 2.6 million jobs in the US.

The White House says Trump and Xi "will discuss global, regional, and bilateral issues of mutual concern".

On Thursday, White House spokesperson Sean Spicer said that the upcoming meeting between the United States and Chinese leaders could be an opportunity to develop bilateral ties, however, many issues stand in the way, including trade. It will be the first in-person meeting between the two. He is now seeking Beijing's help in pressuring North Korea over its nuclear weapons and missiles programs.

China had then said that its efforts and contributions for the same are internationally acknowledged, adding all sides should avoid actions that may result in escalation of tensions.

"The problem that the United States is going to put on the table with respect to an agreement is the fact that a lot of sectors in China are closed to outside investment, despite commitments made to the WTO, particularly in finance and telecoms, logistics and other things, where our competitive advantages are", said Bush at the Brookings Institution.

While Trump has deployed tough rhetoric, criticising China over its currency policy, trade imbalance with the United States and military expansion, he has taken few concrete actions since assuming office.

Details of the meeting were reportedly hammered out during subsequent visits by China's top diplomat Yang Jiechi to Washington and U.S. Secretary of State Rex Tillerson to Beijing.

For goods and services, it stood at $310 billion a year ago, down about 7% from 2015, according to USA government data. Navarro, whose views are well outside the mainstream when it comes to the importance of the balance of trade to the nation's economic well-being, has made a career out of bashing China and predicting economic ruin for the USA if its trade relationship with Beijing doesn't get overhauled. This policy requires that the US refrain from maintaining any formal diplomatic ties with Taiwan, a region that China considers to be part of its own territory.

Trump is known for his tough stance on China.

Tellis sees Trump as more of a nationalist than an isolationist, but cautions of a period of change not just for China but for U.S. allies and partners as well, including India, as Trump renegotiates America's terms of engagement with the rest of the world.

However, his remarks during his first visit as Secretary of State to Beijing earlier this month were widely seen as a mellowed position towards China.