00:00 It's Benzinga and here's what's on the block.
00:02 U.S. President Joe Biden is expected to meet with Chinese President Xi Jinping next month
00:06 on the sidelines of the Asia-Pacific Economic Cooperation Summit in San Francisco.
00:11 Relations between the U.S. and China have been tense in recent years as they compete
00:14 for influence globally and regionally.
00:16 The Biden-Xi meeting would be their first in-person encounter since November of 2022.
00:21 Last week, China's Foreign Minister Wang Yi visited Washington and met senior U.S.
00:25 officials paving the way for the potential Xi-Biden summit.
00:28 Both sides hope the Biden-Xi meeting can help stabilize and improve bilateral ties, though
00:32 disagreements remain on issues like Taiwan, trade, and human rights.
00:36 For all things money, visit Benzinga.com.
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