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The Biden administration's Indo-Pacific strategy to counter China is facing challenges, with allies frustrated by economic issues. China is urged to increase fiscal spending to support its economy amid Western trade restrictions. President Biden's meeting with Chinese President Xi Jinping in San Francisco aimed to defuse tensions, but an offhand remark by Biden may have strained the relationship. The meeting addressed issues such as fentanyl control and military exchanges, but concerns remain over the impact on U.S.-China relations and the BRI projects. China's economic conditions, foreign direct investment, and U.S. export restrictions are contributing to a more conciliatory tone from Chinese leaders. The meeting also avoided discussing Trump-era tariffs on Chinese goods.
Over the last decade, #Chinese #economic problems, domestic indebtedness, and external critique have reshaped the #BRI, thus, helping #China cast itself as an alternative to the #US, argument Manoj Joshi https://t.co/a0oYKBihWk
.@USAmbChina Nicholas Burns recaps what @POTUS and People’s Republic of China President Xi Jinping discussed during their 4-hour meeting in San Francisco. https://t.co/9Otf5q1ZZ8
Can China spend its way out of economic crisis? https://t.co/mjW6cqcjHt
Just days after Chinese President XI Jinping's visit to the U.S. Rockefeller International Chair @ruchirsharma_1 tells @carlquintanilla, @davidfaber & @michaelsantoli that China's rise is reversing. “This is not a country that is going to grow at a rapid pace anytime soon.” https://t.co/P9ymPkK8wX
In Xiangshan last month, China portrayed US as an irresponsible leader, positioning itself as the alternative. Xi-Biden meeting saw agreements on issues like fentanyl, but fostering stable ties demands increased transparency & open dialogue. @sfexaminer https://t.co/GOaYOWVcJG
Can China spend its way out of economic crisis? https://t.co/bx0fEL2XT9
Yellen says Biden, Xi remain far apart on Taiwan's independence post-APEC https://t.co/ekDfC8TPaZ
Mexican President López Obrador’s talks with Chinese President Xi on fentanyl follow other recent steps that Mexico has taken to address the drug’s supply chain in recent months, @cculbertosborn writes. https://t.co/C0dVV5pvHm
The #BRI, which was launched shortly after Mr. Xi got the top job, also served as a vehicle for him to brand himself as a global statesman and project #China’s power and influence overseas, writes Harsh V. Pant & @kalpitm https://t.co/wlSpz6vJNJ
In light of the challenges facing the #BRI projects, it was imperative for #XiJinping to be seen as making amends; how these changes get reflected on the ground will shape the future of #BRI and #China’s credibility, highlights Harsh V. Pant https://t.co/YTHgK04Vg5
U.S., China will seek to limit rising tensions amid domestic challenges, risk analyst says https://t.co/hpXzyHBJ8l
#China’s rise is reversing - FT China’s share of the global economy is declining, and most economists expect this to continue. "In 2022, China's share of the world economy shrank a bit. This year it will shrink more significantly, to 17%. That two-year drop of 1.4 per cent is… https://t.co/87L2HCK2aO https://t.co/4yK7AtEa8P
JOBOB: Chinese President Xi Jinping reaches deal with US to crackdown on fentanyl after spending mere days in San Francisco https://t.co/5yiNRuTA9b https://t.co/5yiNRuTA9b
As challenges for the #BRI are mounting, #Xi’s words at the forum were an explicit acknowledgment that changes in #Chinese approach would be necessary if the second decade of #BRI is to see more accomplishments, mentions Harsh V. Pant https://t.co/YTHgK05t5D
Chinese Foreign Minister Wang Yi on Saturday briefed the media on Chinese President Xi Jinping's talks with U.S. President Joe Biden and his attendance at the 30th #APEC Economic Leaders' Meeting in San Francisco. Wang, also a member of the Political Bureau of the Communist… https://t.co/fOyJt59WDL https://t.co/QLyHuSfIs9
Many Western and Asian diplomats, as well as outside experts, lauded Biden’s efforts to dial down tensions with China, though whether that meeting yields results remains to be seen, FP’s @RobbieGramer writes. https://t.co/GG9REVE64p
THREAD: Xi Jinping and Joe Biden meet for four hours on sidelines of APEC, agree to resume military exchanges, work together to control fentanyl production, and jump start people-to-people exchanges. Weak economy helps explain Xi’s conciliatory approach. https://t.co/WblKavZ6L4
One topic was almost completely avoided at the summit this week between US President Joe Biden and Chinese President Xi Jinping even with a key deadline looming in just about 6 weeks: the Trump-era tariffs on a range of Chinese goods. https://t.co/szpVPunBGc
In light of the challenges facing the #BRI projects, it was imperative for #XiJinping to be seen as making amends; how these changes get reflected on the ground will shape the future of #BRI and #China’s credibility, highlights Harsh V. Pant https://t.co/YTHgK05t5D
If you think the US is decoupling from China, think again. Look at the sharp rise in China's trade surplus with key "trans-shipment" hubs around the world. Stuff made in China is still heading to the US, just on a more circuitous route. There is no decoupling. Only relabeling... https://t.co/AAYZi49u3n
China is trying to export its way out of its economic troubles, glutting the world with cheap manufactured products and fueling a backlash from trading partners. Re-upping terrific piece by my colleagues @yifanxie and @TomFairless https://t.co/OtfvQLDFqM
US President Joe Biden and Chinese counterpart Xi Jinping went on a one-on-one stroll on the grounds of the Filoli estate south of San Francisco, per Bloomberg: https://t.co/MHNNEzamQL
President Biden's meeting with President Xi was an attempt to defuse tensions between the U.S. and China. But some Uyghur Americans with family members imprisoned in China worry human rights won’t be prioritized in the countries’ relations. https://t.co/JTqIIF3jse
Washington Post: A split emerges as Biden struggles to deter attacks on U.S. troops: Frustration is building within the Defense Department, officials say, over the surge in Iranian proxy attacks on American military positions https://t.co/RWfli9YRCh
At a time when he is facing growing headwinds, Chinese President Xi will use this meeting to present himself to the Chinese people as a statesman who is equal to the American president and can ably steer Chinese foreign policy, writes @DavidMSacks1. https://t.co/DH9yfQ9Ldi
The softer tone comes as China is facing its most difficult economic conditions in decades, foreign direct investment in China is falling, and U.S. export restrictions have hobbled parts of China's tech sector. https://t.co/82jlX9Xryy
China’s rise is reversing https://t.co/EpGLNJLVvX via @ft
China’s rise is reversing https://t.co/BG5KwZT0uA https://t.co/gvl7nawbRD
China’s rise is reversing https://t.co/EDmNr2CAxK
China’s rise is reversing https://t.co/msFddxAndR
China’s rise is reversing https://t.co/raKppCp0NQ
Over the last decade, #Chinese #economic problems, domestic indebtedness, and external critique have reshaped the #BRI, thus, helping #China cast itself as an alternative to the #US, argument Manoj Joshi https://t.co/a0oYKBihWk
A divide in Biden world over how to address what everyone sees as his biggest vulnerability https://t.co/MEqI2gpbWB
.@POTUS's summit with Chinese President Xi Jinping in San Francisco did not appear to bridge Chinese and American differences over the world’s two major ongoing conflicts. But the meeting was hardly a total loss, observes @RichardHaass. https://t.co/nqQKt0MfUg
The #BRI has been criticised by many for promoting #China’s selfish interests, encouraging corruption, and creating #debt traps for the indigent #GlobalSouth countries, notes Manoj Joshi https://t.co/a0oYKBiPLS
After what seemed a productive meeting between President Joe Biden and Chinese President Xi Jinping in San Francisco on Wednesday, an offhand remark by Biden could set back the relationship that the two leaders were working to mend https://t.co/LjOlOdryIi
Xi Jinping’s message that China wants to roll out the red carpet for foreign businesses stands in stark contrast to the increasing difficulties many companies experience on the ground https://t.co/1vEUKtGkc6
Biden is making a gamble against the backdrop of a high-stakes geopolitical game with China: that face-to-face diplomacy with Xi can start to build up some trust and help stave off the risk of a conflict between two superpowers, FP’s @RobbieGramer reports. https://t.co/GG9REVE64p
Chinese leader Xi Jinping adopted a more conciliatory tone this past week during his visit to San Francisco, the culmination of a year-long trend away from harsh rhetoric from top Chinese officials. https://t.co/zkFuIsnpQB
China needs to decisively ramp up fiscal spending so it can support an economy damaged by Western restrictions on trade, one scholar says https://t.co/GKvpoavmKj
The economic core of the Biden administration’s much-touted Indo-Pacific strategy to counter China is fraying, frustrating allies even as the White House hails its progress https://t.co/ZT2lbeVlcI
Taiwan's APEC envoy chatted with Biden at summit, but not Xi https://t.co/kkDuuYd23E
China needs to decisively ramp up fiscal spending so it can support an economy damaged by Western restrictions on trade, one scholar says https://t.co/kv1WSfn9Kf