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U.S. President Joe Biden shakes hand with Chinese language President Xi Jinping on the sidelines of the Asia-Pacific Financial Cooperation (APEC) summit, in Woodside, California, U.S., November 15, 2023.
Kevin Lamarque | Reuters
BEIJING — U.S. President Joe Biden and Chinese language President Xi Jinping met Wednesday exterior of San Francisco of their first face-to-face encounter in a yr.
The summit, on the sidelines of the Asia-Pacific Financial Cooperation convention, adopted efforts between the U.S. and China to extend high-level communication amid continued tensions.
“We’ve got to make sure that competitors doesn’t veer into battle,” Biden stated at the beginning of the summit. “Vital international challenges we face, from local weather change to counternarcotics to synthetic intelligence, demand our joint efforts.”
Biden and Xi had been broadly anticipated to debate points equivalent to curbing fentanyl flows into the U.S., secure use of synthetic intelligence, and U.S. restrictions on Chinese language entry to high-end tech.
“For 2 massive international locations like China and america, turning their again on one another isn’t an possibility,” Xi stated in his opening remarks. “Planet Earth is sufficiently big for the 2 international locations to succeed.”
Alerts of goodwill between the international locations have picked up in latest days.
Within the hours earlier than the deliberate summit, the U.S. and China reaffirmed their dedication to cooperate on local weather points.
Extra direct flights between the U.S. and China are resuming from a low base.
Final month, Chinese language commodity importers signed the primary agreements since 2017 to purchase U.S. agricultural merchandise in bulk, in keeping with a information launch from the American embassy in Beijing.
China’s Ministry of Commerce final week introduced it was gathering data in an effort to tackle unequal remedy of overseas companies in China in contrast with remedy of home corporations — which has been a longstanding enterprise grievance.
The Chinese language authorities may use the summit as a chance to announce a dedication to resuming purchases of Boeing‘s 737 Max plane, Bloomberg Information reported, citing sources.
Boeing declined to remark.
Xi arrived within the U.S. on Tuesday native time. It’s his first journey to america since 2017, when he visited then-President Donald Trump at his Mar-a-Lago membership in Florida.
The final time that Xi met Biden in individual was within the Indonesian island resort of Bali in November 2022. That was Biden’s first assembly with the Chinese language chief as American president.
Biden is working for reelection subsequent yr.
Xi cemented his energy in March by formally gaining an unprecedented third time period as president.
— CNBC’s Rebecca Picciotto contributed reporting
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