China has offered for Trump to meet Xi in Macau as alternative to Chile

Author: Adam Button | Category: News

Fox News report

Edward Lawrence from Fox News reports that China has offered that the Trump travel to Macau to sign the Phase One trade deal, rather than the planned meet-up in Santiago, Chile.

Earlier today, Chile cancelled the APEC summit planned for November because of huge protests that have hit the country related to the high cost of living.

Markets wobbled on the initial announcement of the cancellation of the APEC summit but I don't see it as any true obstacle to a Phase One deal. It's a logistical problem but no reason to walk away from an agreement that -- by all accounts -- is very close to completion.

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