Biden Arrives in San Francisco Ahead of Meeting With China's Xi

President Joe Biden arrives in San Francisco ahead of his meeting with China's Xi Jinping and to attend a summit of Asia Pacific leaders. According to a U.S. official, Biden and Xi are expected to announce an agreement that would restore talks under what's known as the Military Maritime Consultative Agreement. The agreement is used by the U.S. and People's Liberation Army navies and air forces to improve safety in the air and sea. Until 2020, they had been meeting regularly since 1998 for the talks. The long complicated U.S.-Chinese relationship has come under heavy strain over the last year, with Beijing bristling over new U.S. export controls on advanced technology; Biden ordering the shooting down of a Chinese spy balloon after it traversed the continental United States; and Chinese anger over a stopover in the U.S. by Taiwanese President Tsai Ing-wen earlier this year, among other issues. China claims the island as its territory. Biden's meeting with Xi on Wednesday is the main event of his four-day visit to San Francisco, where leaders from the 21 economies that make up APEC are gathering for their annual summit. The White House wants to demonstrate to APEC's leaders that Biden can remain focused on the Pacific while also trying to keep the Israel-Hamas war from exploding into a broader regional conflict and to persuade Republican lawmakers to continue to spend billions more on the costly Ukrainian effort to repel Russia's nearly 21-month old invasion. -------- Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to Bloomberg Originals: https://www.youtube.com/BloombergTV Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake