◎ The propaganda narratives in Xinhua lay the groundwork for Xi to agree to U.S. demands on sensitive issues like structural reform without losing face at home.
Read moreGeopolitics Watch: Xi Lays Groundwork for Trade Concessions in State Media
Geopolitics Watch: N. Korea Denuke ‘Stalemate’ and the Sino-US Trade War
◎ Any “backsliding” by North Korea at this stage would be counterproductive for Kim Jong Un as it would likely cause the U.S. to redouble its focus on resolving trade with China.
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