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

Startup Blockworks wants to become the crypto equivalent of Morningstar. How it plans to do it
Finance

Startup Blockworks wants to become the crypto equivalent of Morningstar. How it plans to do it

Key Points Blockworks wants to become a dominant data provider in the world of cryptocurrency and tokenized assets, according to co-founder Jason Yanowitz. The firm anticipates using the proceeds of its latest fundraising round extension to snap up some of its rivals and grow its footprint. “Crypto has a trust problem, and it is two-sided,” […]

Read More
Stocks making the biggest moves premarket: Seagate, Robinhood, Humana, Generac & more
Finance

Stocks making the biggest moves premarket: Seagate, Robinhood, Humana, Generac & more

Check out the companies making the biggest moves premarket: Seagate Technology — The data storage stock popped almost 18%. Seagate sees fiscal fourth-quarter revenue coming in at $3.45 billion, plus or minus $100 million, and adjusted earnings of $5 per share, plus or minus 20 cents. That compares to the LSEG estimate of $3.97 per […]

Read More
Stocks making the biggest moves after hours: Robinhood, Booking Holdings, Starbucks, Visa & more
Finance

Stocks making the biggest moves after hours: Robinhood, Booking Holdings, Starbucks, Visa & more

Check out the companies making headlines after the bell : Booking Holdings — Shares fell nearly 4% after the travel technology platform lowered its full-year adjusted earnings per share growth to the “low to mid-teens,” down from prior estimates in the “mid-teens,” citing lagging impacts from the Middle East conflict through the end of June. […]

Read More