China’s Xi to Skip Davos, Deflating Hopes for Trump Summit

What You Need to Watch for at Davos
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Chinese President Xi Jinping isn’t planning to attend the World Economic Forum in January, according to people familiar with the matter, taking one option for a face-to-face meeting with his U.S. counterpart Donald Trump off the table.

Beijing still plans to send its top trade negotiator Vice Premier Liu He to Washington to sign the phase-one deal in early January, an official said separately, asking not to be identified because the discussions were private. U.S. Trade Representative Robert Lighthizer has said he expects the 86-page agreement to be signed by Liu and him around that time.