00:00 It's Benzinga and here's what's on the block.
00:02 Chinese President Xi is in the US for the APEC summit, making a distinct contrast from
00:07 his previous visit during the Trump administration five years prior.
00:11 Since then, China's robust economy has experienced a slowdown due to several issues including
00:16 a property market crisis, a high youth unemployment, and escalating domestic debt.
00:21 Xi is seeking reassurances from Biden on issues such as US tariffs and technology restrictions.
00:27 Both leaders will discuss issues like trade, investment, technology cooperations, Taiwan,
00:31 and North Korea.
00:32 Xi hopes to stabilize economic relationships with the US and will also want to appear strong
00:37 against US pressure.
00:38 For all things money, visit Benzinga.com.
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