Navigating U.S.-China tensions: Biden-Xi summit clears low bar amid domestic challenges
Chinese President Xi Jinping and US President Joe Biden are expected to work towards limiting tensions between their countries in the coming months, as both leaders focus on addressing domestic challenges. Xi aims to stabilize China's economy, which has been impacted by a crisis in the real estate sector, and does not want to exacerbate trade and technology tensions with the US. Meanwhile, Biden, who is facing low approval ratings and trailing in polls, does not want distractions from Beijing as he prepares for the upcoming US presidential elections. The leaders' recent meeting marked a step towards normalizing their bilateral relationship, which had been strained by various incidents.