U.S. President Trump and Chinese President Xi Jinping will meet during the summit to discuss relations between the two countries, which will be their first meeting in seven months. However, there seems to be little possibility of progress in the meeting, as neither side has made concessions since the collapse of trade talks in May.
Many G20 members will be affected by the outcome of the meeting because the Sino-US trade dispute has disrupted the global supply chain, slowed down global economic growth, and caused many central banks to turn to pigeon interest rate policy positions.
However, some people also expressed their uneasiness that trade disputes might overshadow efforts to deal with pressing international issues.
An official in the office of French President Mark Long said that the Sino-US trade conflict was "serious", but it should not "kidnap a multilateral institution".
After Iran shot down a U.S. drone last week, Trump wanted to launch a retaliatory air strike against Iran, but later called a halt. The threat of conflict in the Middle East has pushed up international oil prices.
The leaders of Russia and Saudi Arabia will also attend the two-day G20 summit, which begins on Friday. The Organization of Petroleum Exporting Countries (OPEC) will meet on July 1 and 2 to discuss crude oil production policies.
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