Biden-Xi Meeting: Restoring Military Ties and Modest Goals

President Biden and Chinese leader Xi Jinping are set to meet in San Francisco to maintain ties between the U.S. and China, despite ongoing trade tensions and concerns about Taiwan. The meeting aims to derisk the relationship rather than decouple the two economies, with officials emphasizing their economic interdependence. The U.S. hopes to resume military communications, reaffirm support for the "one China" policy, and seek cooperation on climate change and fentanyl trafficking. Business leaders will be watching for signs of a thaw, as Western companies face challenges operating in China.