Xi Jinping and Joe Biden Meet, Pledge Cooperation and Restoration of Military Communications
Despite tensions, the two leaders agree on several issues, including curbing fentanyl shipments and AI cooperation, while Biden reiterates his view of Xi as a 'dictator'.
- Chinese President Xi Jinping and US President Joe Biden met on the sidelines of the APEC Summit in San Francisco, promising cooperation on issues like artificial intelligence, climate change, and curbing fentanyl shipments to the US.
- The leaders agreed to restore military communications that were cut off following a visit by then-US Speaker of the House Nancy Pelosi to Taiwan last year.
- Xi Jinping offered reassurances to foreign investors over worries about China’s tightened business oversight and bilateral tensions, during a dinner with American business leaders.
- Biden reiterated his view that Xi is a “dictator,” a comment that previously triggered angry statements from Beijing.
- Despite recent reports of a slowing Chinese economy, Xi said that his country was still a “mega economy and a mega market”, and reaffirmed China’s commitment to the opening-up and modernisation strategy.
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