U.S. President Joe Biden has engaged in a crucial face-to-face meeting with Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco.
This high-stakes diplomatic encounter was aimed at alleviating tensions between the world’s two superpowers. The meeting carried immense significance as leaders of the world’s largest economies seek to establish a sense of stability following a challenging year in U.S.-China relations.
Even though both leaders have said they want to stabilize their relationship, the meeting is unlikely to bring about transformative changes between the two countries that are inherently antagonistic due to deeper structural reasons.