US President Biden says US-China relations are on the right trail

Biden comment hitting the news. On Monday United States Secretary of State Antony Blinken met with Chinese President Xi Jinping

Xi remarked:

• “The Chinese side has made our decision clear, and the two sides have agreed to follow through the common understandings President Biden and I had reached in Bali,”
• “The two sides have also made progress and reached agreement on some specific issues. This is very good.
• “It’s safe to say that interactions should always be based on mutual respect and sincerity.
• “I hope that through this visit, Mr Secretary, you will make more positive contributions to stabilizing China-US relations.”

The meeting is being viewed as a sign of less chilly relations between the two countries and a positive for markets.

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