Biden predicts improved US-China relations despite past setbacks.

US President Joe Biden said that the strained ties between the US and China should thaw "very shortly" after the US shot down a suspected Chinese spy balloon earlier this year. The incident sparked a diplomatic spat between the two countries, leading to the cancellation of a visit to Beijing by Secretary of State Antony Blinken. Biden defended his administration's actions targeting trade in advanced microchips, citing risks of military use, and said that he had received commitments from all allies to not provide such material to China.