Trump says Xi and his wife will visit Washington on Sept. 24 for state dinner

Donald Trump says Xi Jinping and his wife, Peng Liyuan, will visit Washington on Sept. 24, where the United States will host them for a state dinner. The announcement sets up a second meeting between the two leaders this year, after Trump's visit to Beijing in May.

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Competitors of sorts, but our relationship with President Xi is very good.

Asked what he hoped the summit would achieve, Trump described the countries as having a very good trade relationship. He called them “competitors of sorts” but said, “our relationship with President Xi is very good.” Trump also said, “We will achieve great results together with China.”

Trump played down China's economic ties with Iran when reporters asked about them, saying China had not truly become involved and that its involvement was very limited. The report notes that China is a major importer of Iranian oil, while the White House has sanctioned Chinese companies accused of supporting Tehran.

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We will achieve great results together with China.

Expectations for the summit remain limited among experts cited by CNBC. Craig Singleton of the Foundation for Defense of Democracies described the relationship as “transactional without trust” and “stable without reconciliation.” He called it “a low-expectations summit, focused mainly on managing the impasse rather than resolving it.”

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Transactional without trust and stable without reconciliation.

Matthew Kroenig of the Atlantic Council said the leaders might announce some key outcomes, but any statement would likely remain general while the governments negotiate the details. Christopher Newport University political science associate professor Sun Tai-yi said a possible result could be an agreement to hold more meetings. If both leaders expect to visit each other's countries, he said, the period before their meetings may become less turbulent.

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A low-expectations summit, focused mainly on managing the impasse rather than resolving it.