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Chinese President Xi Jinping plans to meet with top US officials in Beijing this week, to patch up their trade differences before the 1st March deadline when additional US tariffs on Chinese imports are set to go into effect.

Xi will meet on Friday with officials including US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, Chinese media reported. The US officials and their Chinese counterparts will meet for talks on Thursday and Friday.

The Chinese delegation will be led by Vice Premier Liu He, and central bank governor Yi Gang. Earlier, US President Donald Trump suggested that he might extend the deadline for reaching a trade deal with China beyond March 1st.

He indicated that he will wait and see what will come of the ministerial meeting on Thursday in Beijing. In December, Washington suspended for three months Trump's plan to increase tariffs on 200 billion dollars worth of Chinese imports to allow time for negotiations.



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