Indian Prime Minister Narendra Modi will host Chinese President Xi Jinping this ...
NEW DELHI - Indian Prime Minister Narendra Modi will host Chinese President Xi Jinping this year for an informal summit, an Indian foreign ministry spokesman said on Wednesday, after meeting several times over the past year to try to defuse tension.
“The two sides are in touch, through diplomatic channels, to finalize the date and venue for the meeting,” the spokesman said. Trump caused alarm across the world after he raised tariffs on $200 billion worth of goods from China on May 10, prompting Beijing to say it would hit back with its own higher duties.
The Trump administration on Tuesday dropped India from a list of countries it monitors for currency manipulation, after finding that New Delhi did not engage in persistent, one-sided intervention in the currency market.
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