KURE - Biden and Xi hold first official summit. What's on the agenda?
The clock is ticking down for a high-profile meeting between President Biden and China's Xi Jinping, which will take place in the U.S. tonight and Tuesday morning in Beijing. While the two leaders have spoken twice by phone since Biden took office in January, today's gathering will resemble a formal bilateral meeting, with leaders on both sides surrounded by high-level aides. The meeting will also take place virtually as Xi has not left China since the pandemic began in March 2020. Likely topics: Climate change, nuclear nonproliferation, human rights, COVID-19, Hong Kong and Taiwan, intellectual property, cybersecurity and the 2022 Winter Olympics. China's Xi Jinping expected to invite Biden to the Olympic Games. For investors, any signals that bilateral trade ties are improving may help bolster sentiment. China wants the the U.S. to remove Trump-era tariffs, but the Biden administration is expected to keep them mostly in place until Beijing
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Biden and Xi hold first official summit. What's on the agenda?