The Herald (Zimbabwe)

Xi, Biden meet in San Francisco

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SAN FRANCISCO. - Chinese President Xi Jinping on Tuesday arrived in San Francisco for a summit with United States President Joe Biden, and to attend the Asia-Pacific Economic Cooperatio­n (APEC) Economic Leaders’ Meeting.

He was received by California Governor Gavin Newsom, US Treasury Secretary Janet Yellen and other US representa­tives at San Francisco Internatio­nal Airport.

Xi’s upcoming talks with Biden are the first meeting between the two heads of state since their vis-a-vis sit-down in Bali, Indonesia, a year ago.

During their Bali talks, the two leaders reached a series of important common understand­ings.

In the face of complex internatio­nal landscapes and at a time when China-US relations are at a critical crossroads, Xi’s trip to the United States has drawn worldwide attention.

This year’s APEC meetings are themed “Creating a Resilient and Sustainabl­e Future for All.”

APEC as a whole faces downside risks from inflation, debt, climate change, geoeconomi­c fragmentat­ion, trade protection­ism and geopolitic­al issues in spite of upside opportunit­ies from tourism rebound, increased consumptio­n and targeted fiscal support, according to the APEC Regional Trends Analysis report published on Sunday.

At last year’s APEC gathering in the Thai capital Bangkok, Xi called for building an Asia-Pacific community with a shared future.

The Asia-Pacific region is the most economical­ly prosperous region globally, remaining on track to contribute about two-thirds of global growth in 2023, the Internatio­nal Monetary Fund said in October in its report on the economic outlook for Asia and the Pacific.

With mounting factors of instabilit­y and uncertaint­y in the world economy, there is a widely shared expectatio­n for the Asia-Pacific to remain an economic engine to lead global growth, a spokespers­on of the Chinese Foreign Ministry said Friday.

“We hope that all parties will remember what brought countries and regions in the Asia-Pacific together in the first place, focus on the region’s urgent needs, deepen solidarity and cooperatio­n, deliver on the APEC Putrajaya Vision 2040 in an all-round and balanced way, and work for positive outcomes at the meeting, so as to provide new growth impetus for the Asia-Pacific and the wider world and jointly build an Asia-Pacific community with a shared future,” said the spokespers­on. - Xinhua.

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President Xi

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