China and the US are likely to secure several “very positive” outcomes but not a “grand bargain” at their presidential summit in April, SCMP reports, citing the American Chamber of Commerce chairman Zimmerman

China and the US are likely to secure several “very positive” outcomes but not a “grand bargain” at their presidential summit in April, SCMP reports, citing the American Chamber of Commerce chairman Zimmerman.

The report suggests that while the US and China may achieve several positive developments at their upcoming summit, expectations for a comprehensive agreement are tempered. This nuanced outcome is significant as it may ease some trade tensions, but also indicates that substantial barriers remain, potentially impacting market sentiment around global trade dynamics and bilateral relations.