As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.
Analysts with ties outside China see major obstacles, notably on how both sides can come to terms over the treatment of Chinese telecom giant Huawei. But after a tumultuous few weeks of increased tough talk from Beijing, the calculus of some with ties to the Chinese government is thatChinese President Xi Jinping broke his silence on Tuesday with state media announcing he is willing to discuss trade issues with Donald Trump at next week's G-20 meeting.
U.S. and Chinese stock indexes jumped, partly in anticipation that the world's two-largest economies will reach an agreement in the trade dispute that has lasted for over a year.
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