Jawboning Won’t Revive China’s Slowing Economy

Meeting ahead: Donald Trump and Xi Jinping have tentatively agreed to a meeting on the side lines of the G20 summit next month, claims an anonymous source. If confirmed, it would be the first meeting between the two state leaders in a year and could signal an attempt to reach a truce in the ongoing trade war. South China Morning Post

Playing defense. On the side lines of an ASEAN security summit in Singapore, Defense Secretary Jim Mattis met with his Chinese counterpart, Wei Fenghe, hoping to smooth over some of the upset caused by Vice President Mike Pence’s speech earlier this month. A previous meeting between Mattis and Wei had been cancelled, with both sides blaming each other for the postponement. During their 90-minute powwow in Singapore, the two reached few agreements. Associated Press

Troubled waters. The Hong Kong-Zhuhai-Macau bridge, a $15 billion infrastructure project crossing 33 miles of ocean, is tipped to open on October 23. The bridge is a major component of Hong Kong’s integration with mainland China, which is a controversial process within the former British colony. Xi Jinping is expected to attend the ceremony in Zhuhai, a mainland city bordering Macau, but will not use the bridge to cross to Hong Kong. South China Morning Post

Another tiger trapped. Former internet tsar Lu Wei has pleaded guilty to corruption charges and admitted to receiving up to $4.6 million in bribes. Lu, the former head of the Cyberspace Administration of China, was responsible for overseeing the nation’s severe censorship policies but was placed under investigation last year. Allegations against him stretch back to his time at Xinhua News Agency, where he is believed to have taken hush-money in exchange for withholding negative coverage. South China Morning Post

Geely drives solo. Geely moved to ‘correct’ rumors that its chairman, Li Shufu, has family ties to President Xi Jinping. The longstanding speculation has been that chairman Li’s wife is sister to Peng Liyuan, the wife of Xi Jinping. A familial connection like that could have been influential in Geely’s tremendous success. However, a recent filing revealed the name of Li’s wife and it isn’t as people had expected. Reuters

This edition of CEO Daily was edited by Eamon Barrett. Find previous editions here, and sign up for other Fortune newsletters here.

Credit: Fortune

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