Modi, Xi to discuss US' 'protectionist' trade policy during summit

China on Monday said that President Xi Jinping and his Indian counterpart Prime Minister Narendra Modi will discuss United States's "protectionist" trade policy during the 2-day-long summit this week. 

Both the leaders will also talk about the "unprecedented" global developments in the past 100 years. 

Modi and Xi will also hold talks over bilateral relations, trade penalties by the US, the Korean peninsula crisis among other issues of pressing concern. 

"During this meeting, the two leaders will discuss the changes that have taken place and which are unprecedented in the past 100 years and exchange views on the strategic, over-arching and long-term issues concerning our bilateral relations," Chinese Foreign Ministry spokesperson Lu Kang noted.

"The two sides believe that the strategic and global significance of our relations have become more prominent and our common interests far outweigh our differences," Lu noted.

China and the United States are involved in an ongoing trade spat. The Trump administration has also threatened India with taxes if import duties are not lowered.