Sri Lanka, May 13 -- U.S. President Donald Trump on Tuesday began his highly anticipated trip to China, saying it will be "very exciting," with the rest of the world particularly eyeing whether anything dramatic on the Iran war or Taiwan will come out of his talks with Chinese President Xi Jinping.

Trump, who will arrive in Beijing on Wednesday evening, is joined by executives from major American companies. He is hoping to clinch huge business deals between the world's two most powerful countries, despite long-running trade friction and intensifying competition in the field of advanced technologies.

But for many officials in Asia and elsewhere, what appears to be foremost among the many issues at stake will be the prospects of a resolut...