US SECRETARY OF STATE RUBIO EXPECTS TRUMP-XI MEETINGS AT G20 AND APEC

US Secretary of State Marco Rubio has indicated that he expects President Trump and Chinese President Xi Jinping to hold meetings on the sidelines of the upcoming G20 and APEC summits. The signal points to a continued diplomatic channel between Washington and Beijing at a time when trade and technology frictions remain unresolved, which could temper tail risk in US-China-sensitive assets. The most exposed markets are likely Chinese equities and the offshore yuan, along with semiconductor and export-oriented names, since any progress or breakdown in leader-level talks feeds directly into tariff expectations and supply-chain risk premia. Traders should watch the official confirmation of meeting dates and agendas from the White House and Chinese foreign ministry, as well as any updates to US tariff or export-control policy that would signal whether the diplomatic tone is translating into concrete concessions.

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