Shanghai is seen as the main financial hub in China, so the visit is one that could take on some importance. Even if not from what he will be saying during the visit but at least in terms of the optics. It comes at a time when US and China are still locking horns on the trade front. Reuters is reporting that he will be making the visit later this week.
Just be on the lookout in case there will be comments from the state media on Xi’s visit here.
This article was written by Justin Low at www.forexlive.com.