Free Trial

Biden-Xi Meet In Bali Ahead Of G20

US-CHINA

US President Joe Biden and his Chinese counterpart Xi Jinping holding their first in-person meeting while in office (the two previously met in 2017 when Joe Biden was vice president) shortly. The meeting takes place in Bali, Indonesia ahead of the G20 leaders' summit.

  • As the two leaders shake hands, WH press set Karine Jean-Pierre issues brief statement: "The Leaders will discuss efforts to maintain and deepen lines of communication between the United States and the PRC, responsibly manage competition, and work together where our interests align, especially on transnational challenges that affect the international community."
  • Biden: "As leaders...We share a responsibility in my view to show that China and the US can manage our differences, prevent competition from becoming anything even near conflict, and to find ways to work together on urgent global issues that require our mutual cooperation."
  • Xi: "We need to chart our course, find right direction for relationship and elevate it...I am ready to have a candid and in-depth exchange of views with you on issues of strategic importance."
  • Issue of Taiwan likely to feature heavily in talks, with US concerns about potential Chinese aggression rising. Trade, IP, war in Ukraine/Chinese-Russia relations, Asia-Pacific security, North Korea all potential topics of discussion/debate between the two sides.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.