Biden says he expects to speak with China’s Xi in 10 days

Biden says he expects to speak with China’s Xi in 10 days


U.S. President Joe Biden spoke with media on July 20, 2022, after disembarking Air Force One at Joint Base Andrews in Maryland.

Brendan Smialowski | Afp | Getty Images

BEIJING — U.S. President Joe Biden said he expects to speak with Chinese President Xi Jinping by the end of the month.

He did not elaborate on reasons for the call or planned topics of discussion. China’s Ministry of Foreign Affairs did not immediately respond to a request for comment.

The two leaders last spoke in March, mostly about Russia’s invasion of Ukraine. China has refused to call the attack an invasion.

“I think I’ll be talking to President Xi within the next 10 days,“ Biden told reporters Wednesday Eastern time, according to a White House transcript.

When asked whether he thought Speaker of the U.S. House of Representatives Nancy Pelosi should visit Taiwan this summer, Biden said: “The military thinks it’s not a good idea right now, but I don’t know what the status of it is.”

The Financial Times this week reported, citing sources, that Pelosi planned to take a delegation to Taiwan in August — the first visit by someone in her position in 25 years.

China warned it would take “strong and resolute measures” if such a trip were to take place, Foreign Ministry spokesperson Zhao Lijian said at a press briefing.

Taiwan is a democratically self-ruled island that Beijing considers part of its territory. China has maintained it seeks peaceful reunification with Taiwan.



Source

Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs
Finance

Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs

ETF Edge Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs Published Sat, Oct 4 202511:00 AM EDT Blair Bao WATCH LIVE Source

Read More
From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer
Finance

From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer

Key Points The allure of the world’s second-largest consumer market is forcing Western companies to adapt in the face of growing competition from Chinese brands. In the last two years, adapting to the local social media ecosystem of Xiaohongshu and Douyin has become a path to quick success, according to Stephy Liu, founder of a […]

Read More
Stocks making the biggest moves midday: Wynn Resorts, Red Cat, SanDisk, Palantir & more
Finance

Stocks making the biggest moves midday: Wynn Resorts, Red Cat, SanDisk, Palantir & more

Check out the companies making the biggest moves midday: Peabody Energy — The coal company jumped 9%. Peabody began arbitration proceedings with Anglo American over the canceled purchase of steelmaking coat assets belonging to the Anglo. SanDisk — The maker of solid state drives jumped 10%, adding to its massive gains. Over the past six […]

Read More