Good morning.
Xi Jinping and Joe Biden met yesterday on the edges of the APEC Summit in California. And that, in and of itself, is a good thing. Two wars in the world at the same time are enough. Peaceful relations between the U.S. and China are critical to global business and society.
But it is also worth noting how much the world has changed since Xi’s last visit, when he was hosted by Donald Trump at Mar-a-Lago. I’d cite three changes in particular:
