U.S.-China relations are now more about crisis prevention
2023-11-14 10:07:22 source:CNBC
November 13, 2023
BEIJING — After another rocky year of U.S.-China tensions, the two countries’ presidents are set to meet this week in person for the second time since Joe Biden took office.
It will be a rare summit before the U.S. presidential election cycle kicks off in earnest. Taking a tough stance on China, the second-largest economy in the world, has become one of the few areas of bipartisan agreement. Biden plans to run for reelection.
“The focus will be on expanding dialogue in order to low[er] tail risks in the relationship and prevent a crisis that neither leader is looking for,” said Michael Hirson, head of China Research at 22V Research.
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