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Home»Finance»Biden meets Xi amid heightened China-U.S. tensions
Finance

Biden meets Xi amid heightened China-U.S. tensions

November 14, 2022No Comments2 Mins Read
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Biden meets Xi amid heightened China-U.S. tensions
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U.S. President Joe Biden and Chinese language President Xi Jinping met Monday in Bali on Nov. 14, 2022.

Saul Loeb | Afp | Getty Photos

U.S. President Joe Biden and Chinese language President Xi Jinping met Monday in particular person for the primary time since Biden took workplace.

“We have to chart the proper course for the China-U.S. relationship,” Xi mentioned on the opening of the assembly in Mandarin, in accordance an official English translation. “We have to discover the proper path for the bilateral relationship going ahead and elevate the connection.”

The assembly befell in Bali, a day earlier than the G-20 summit is because of kick off.

The U.S. and China can handle their variations and cease competitors from turning into battle, Biden mentioned, based on Reuters.

The 2 leaders held a videoconference in Nov. 2021 and, amongst different communication, had a name in late July.

Tensions between the U.S. and China have escalated over the past a number of years, touching flashpoints starting from Taiwan and the battle in Ukraine, to the power of American firms to promote high-end tech to Chinese language companies.

Germany is open to trade with China but isn’t ‘stupid,’ country’s economy minister says

Every president was accompanied by 9 authorities officers.

Representatives for the U.S. aspect included Treasury Secretary Janet Yellen, Secretary of State Antony Blinken and Ambassador to China Nicholas Burns.

Accompanying Xi had been Ding Xuexiang, one of many new members of China’s highest circle of energy, He Lifeng, head of the Nationwide Improvement and Reform Fee, International Minister Wang Yi and Assistant International Minister Hua Chunying additionally attended.

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