Biden and Xi’s meeting sent an important signal for U.S. business in China

U.S. President Joe Biden and Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation summit in Woodside, California, on Nov. 15, 2023. Kevin Lamarque | Reuters BEIJING — U.S. President Joe Biden’s meeting with Chinese President Xi Jinping last week has set a bottom line in the relationship which … Read more

Google CEO Sundar Pichai compares AI to climate change at APEC CEO Summit

Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. The APEC summit is being held in San Francisco and runs through November 17. Justin Sullivan | Getty Images News | Getty Images Google CEO Sundar Pichai said artificial … Read more

Xi says U.S. and China can only be adversaries or partners

U.S. President Joe Biden waves as he walks with Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Woodside, California, U.S., November 15, 2023. REUTERS/Kevin Lamarque Kevin Lamarque | Reuters BEIJING — The U.S. and China have to choose between being adversaries or partners, Chinese President … Read more

Rate cuts might not be in the cards

The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more

Biden stands by comment that Xi is a ‘dictator’

WOODSIDE, CALIFORNIA – NOVEMBER 15: U.S. President Joe Biden delivers remarks at a news conference at the Filoli Estate on November 15, 2023 in Woodside, California. The news conference follows a meeting between Biden and Chinese President Xi Jinping during the Asia-Pacific Economic Cooperation (APEC) Leaders’ week, their first since meeting at the Indonesian island … Read more

Despite cool inflation, don’t expect rate cuts

The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch| Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more

China, U.S. leaders meet in San Francisco

The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. Aly Song | Reuters BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping were set to meet Wednesday in San Francisco in their first … Read more

What the world needs from the Biden-Xi summit amid global chaos

The forthcoming Xi-Biden summit on the sidelines of the Asia Pacific Economic Conference (APEC) will be a critical juncture in the intricate relationship between the United States and China. Presently, this relationship faces more challenges than it has encountered in the past two decades. Both nations are embroiled in a long-term contest for global supremacy, … Read more

Laos is spiraling toward a debt crisis as China looms large

A pedestrians at a bus station in Vientiane, Laos, on Saturday, June 24, 2023. Valeria Mongelli | Bloomberg | Getty Images An alarming debt crisis has unfolded in Laos in recent years, raising worries about the tiny nation’s obligation to its biggest creditor — China. China became the largest foreign investor in Laos in late … Read more

China ousts defense minister after two-month absence

China’s former Minister of National Defense Li Shangfu salutes the audience on June 4, 2023. Roslan Rahman | Afp | Getty Images The Chinese government removed Gen. Li Shangfu from the post of defense minister and state councilor without appointing a replacement, state media CCTV reported Tuesday. His dismissal was announced through an order of … Read more