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WATCH: Biden Says US Wants Better Ties to Help China’s Economy
Source: Bloomberg
Good morning. Biden wants to improve China relationship. CEOs seek to woo Xi Jinping. Cathie Wood, Ken Griffin on inflation. Here’s what you need to know today.
President Joe Biden, speaking ahead of his meeting with Chinese leader Xi Jinping on Wednesday, said the US was interested in helping China’s economy — just not at the expense of US intellectual property. Biden said he wants to improve the US relationship with China and that the US would benefit if the average citizen in China had a decent-paying job. Biden has frequently criticized China in recent months.