Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

LATEST
Trending in China: The View from China on U.S. Presidential Election Debate Antics
Trending in China: Disneyland Shanghai Hotel Prices Rocket to Over $1,000 a Night
Chinese Bitcoin Mining Machine Maker Ebang Establishes Canadian Subsidiary
Trending in China: Team Effort VS Individualism - What is the Message Behind Box Office Smash Hit Volleyball Movie Leap?
Tencent Leads Over $100m Funding in Pet Clinic Operator New Ruipeng
Watch Out Alipay and WeChat, Trip.com Is Getting Into Online Payments
Search Engine Sogou Joins Exodus of Chinese Firms From Wall Street as Tencent Takes It Private
Huawei Showcases Smart Car Technologies at Beijing Auto Show
Trending in China: A David and Goliath Battle - Students Take on a Chinese Tech Giant and Win
Chinese Drug Manufacturer InventisBio Bags $147m Led by Hillhouse Capital
Profits of Weibo Soar Even as Revenue Falls
Chinese Electric Vehicle Startup Xpeng Receives Investment to Build Production Base in Guangzhou
Video Site Operator Mango Plans to Raise $660 Million to Expand Content Library
Chinese Biotech Firm Creative Biosciences Raises $88m From IDG, CDH, Others
Alibaba’s Ant Group Launches Blockchain-Based Platform to Streamline Cross-Border Trade
Trending in China: Mission Impossible? Young Environmental Hero Tries To Clean Up Tibet
Chinese Online Travel Agency Trip.com Sees Revenue Plummet As Covid-19 Fallout Lingers
Chinese Supply Chain Provider Xingyun Closes $200m in a Series C Round
Chinese EV Charging Operator Star Charge Nabs $125m Co-Led by Schneider, CICC
Trending in China: One of China’s Weirder Poverty Alleviation Programs Goes Viral with 100m Plus Views
No Deal at Hanoi Summit, But Trump Calls Relationship With Kim ‘Warm’

By Olivia M. Ryan / Feb 28, 2019 04:58 PM / World

Photo: VCG

Photo: VCG

Donald Trump claims dealmaking is an art, but it seems he was out of ink this week in Vietnam.

The summit between the U.S. president and North Korean leader Kim Jong Un was “productive,” Trump said at a press conference in Hanoi on Thursday, despite the unexpected cancellation of a planned lunch and signing ceremony originally listed on the White House schedule.

Trump and U.S. Secretary of State Mike Pompeo said that they chose to “walk away” after Kim requested sanctions be lifted “in their entirety” but wasn’t prepared to “give us the areas we wanted.” But Pompeo stressed that the two sides made progress towards an agreement during the two-day summit and “felt good about the progress, but couldn’t quite get along the line any further. I hope to do so in the weeks ahead,” he said.

Trump and Kim were set to meet twice in Hanoi — a dinner and a bilateral meeting on Wednesday and a planned one-on-one and lunch on Thursday. The lunch was canceled after the Americans reportedly “walked away,” with both leaders departing the Sofitel Legend Metropole Hanoi earlier than scheduled.

At the hastily arranged press conference held two hours earlier than originally planned, Trump described the walk-away as a “friendly” one, and told reporters that the relationship remains “strong” and “warm.” He said that Kim has done well at upholding his agreement to halt missile and nuclear tests.

During the press conference, North Korean state media reported that a delegation from the North Korean foreign ministry was on its way to visit China. China’s Foreign Ministry said at a press conference on Thursday that it hopes dialogue and communication between the United States and North Korea can continue.

Related: K-Pop Shows May Return to China in Sign of Easing Korea Tensions

Support independent journalism from China. Subscribe to Caixin Global starting at $0.99.

Share this article
Open WeChat and scan the QR code