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The U.S. and Chinese presidents are scheduled to gather in Beijing on Thursday and Friday amid a packed week of diplomatic meetings.
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President Trump meets with China's President Xi Jinping in Beijing with a trade truce and the Iran war on the agenda.
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David Malpass' comments come as US President Donald Trump and China's Xi Jinping are due to meet in Beijing.
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Trump said Monday that U.S. arms sales to Taiwan and the imprisonment of Hong Kong media tycoon Jimmy Lai would be among the issues at the summit in Beijing.
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Trump's whirlwind visit to China is the most significant for years - but will it bear fruit?
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The historic summit is just days away, when President Trump will go face-to-face with China's President Xi. Tom Llamas is on the ground in Beijing where he'll be giving us an inside look at the talks and at what China's doing to try and win the race for economic dominance.
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