That's a bit of a blow for those expecting a potential Trump-Xi meeting in Malaysia on the sidelines of the ASEAN Summit. That especially after Malaysian prime minister, Anwar Ibrahim, confirmed US president Trump's attendance here. Given the circumstances if Xi does not attend, it would be reasonable to expect Trump to pull out from the event as well.The sources for the report here are saying that Chinese premier Li Qiang is set to represent China at the summit instead.If anything, that speaks to the status of the current "deal" between the two countries. As things stand, they're both just playing nice and putting on a show while avoiding any further escalation in trade conflict. But rest assured, the animosity and acrimony is still very much felt.And China is certainly making that clear by not giving face to the US with this move here. So, now expect Trump to also deny that he ever confirmed his attendance to Malaysia this coming October. This article was written by Justin Low at investinglive.com.