00:00I think global commentary is probably not putting enough premium on the extent to which Trump and Xi Jinping seem
00:07to be able to work together on these often quite difficult trade and technology issues.
00:13It's highly unlikely that we're going to see a significant change in direction in the bilateral relationship that's going to
00:20make any difference for investors.
00:22We want to have balance in our trade with the Chinese. We want to protect our market and our workers
00:26from unfair trading practice.
00:27So we're just going to have managed trade with China. That's the focus.
00:30When the two presidents meet with each other, definitely President Xi would raise this question because this is the most
00:37important and sensitive issue in China-U.S. bilateral relations.
00:41I would like to see when President Xi and President Trump meet that there would be some kind of a
00:46deal on AI or some kind of controls or alarm mechanisms.
00:49It is a great power that they have also a great responsibility in my view.
00:53I think it's going to be really challenging to turn that dialogue into anything productive.
00:58The point is, is that sort of conversation is beginning and this is when leaders can carry that forward to
01:03another level.
01:04President Xi and President Trump have a good relationship.
01:06Just saying, you know, we have full trust and full confidence in each other at this point, I think, is
01:11a little naive.
01:11I believe.
