U.S. President Joe Biden and Chinese President Xi Jinping opened their first in-person meeting Monday since the U.S. president took office nearly two years ago, aiming to 'manage' differences between the superpowers as they compete for global influence amid increasing economic and security tensions.
U.S. President Joe Biden and Chinese President Xi Jinping opened their first in-person meeting Monday since the U.S. president took office nearly two years ago, aiming to "manage" differences between the superpowers as they compete for global influence amid increasing economic and security tensions.
Both men entered the highly anticipated meeting with bolstered political standing at home. Democrats triumphantly held onto control of the U.S. Senate, with a chance to boost their ranks by one in a runoff election in Georgia next month, while Xi was awarded a third five-year term in October by the Communist Party's national congress, a break with tradition.
But relations have grown more strained under successive American administrations, as economic, trade, human rights and security differences have come to the fore. The Biden administration also blocked exports of advanced computer chips to China last month -- a national security move that bolsters U.S. competition against Beijing. Chinese officials quickly condemned the restrictions.
Xi has stayed close to home throughout the global COVID-19 pandemic, where he has enforced a "zero-COVID" policy with mass lockdowns that have roiled global supply chains.
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