Donald Trump has said he believes his meeting with Chinese president Xi Jinping on Thursday will "work out very very well for everybody."

The U.S. President will meet his Chinese counterpart amid a fierce trade war between the world's two largest economies that began after Trump imposed huge tariffs on Beijing earlier this year.

However, both Washington and Beijing have recently indicated a willingness to ease tensions.

Trump said during a dinner in South Korea that he would not be meeting Kim Jong-un, but instead would be focused on his summit with Xi.

"President Xi is coming tomorrow. And that was something that obviously was very important to the world, to all of us," he said.

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