China, U.S. leaders meet in San Francisco

0 71

Blinken’s trip to Beijing over the last two days — the secretary’s first under the Biden administration — marked a resumption of high-level U.S.-China government meetings after a tense four-plus months.

Aly Song | Reuters

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping were set to meet Wednesday in San Francisco in their first face-to-face encounter in a year.

The summit, on the sidelines of the Asia-Pacific Economic Cooperation meeting, follows efforts between the U.S. and China to increase high-level communication since the summer, amid continued tensions.

Biden and Xi are widely expected to discuss issues such as curbing fentanyl flows into the U.S., safe use of artificial intelligence, and U.S. restrictions on Chinese access to high-end tech.

Signals of goodwill between the countries have picked up in recent days.

In the hours before the planned summit, the U.S. and China reaffirmed their commitment to cooperate on climate issues.

More direct flights between the U.S. and China are resuming from a low base.

Last month, Chinese commodity importers signed the first agreements since 2017 to buy U.S. agricultural products in bulk, according to a news release from the American embassy in Beijing.

China’s Ministry of Commerce last week announced it was gathering information in an effort to address unequal treatment of foreign businesses in China compared to domestic firms — which has been a longstanding business complaint.

The Chinese government may also use the summit as an opportunity to announce a commitment to resuming purchases of Boeing‘s 737 Max aircraft, Bloomberg News reported, citing sources.

Boeing declined to comment.

Read more about China from CNBC Pro

There’s a ‘game of thrones’ in AI, but these China tech giants offer real value, tech veteran says

Source link

Denial of responsibility! YoursTelecast is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave A Reply

Your email address will not be published.