On November 15, the heads of state of China and the US did meet in person to discuss the trade dispute, technology bans, political issues, and Taiwan-related issues.
The Chinese Foreign Ministry announced on Wednesday that they will match on the sidelines of the APEC Summit, which will take place from November 15 to 17.
On November 14, 2022, US President Joe Biden and Chinese President Xi Jinping next met in Bali, Indonesia.
Major US business professionals will be invited to dinner with Xi on November 15 during his trip the following week, according to a Bloomberg report.  ,
It is anticipated that Xi may take advantage of this opportunity to urge US businesses to invest in China, which has experienced capital outflows this time.
Breakfast with Xi
At a dinner meal co-hosted by the National Committee on US-China Relations and the US- China Business Council, Xi may speak as the special guest of honor.  ,
To attend the event, each student must spend US$ 2,000.00. For US$ 40, 000 each, eight VIPs will be able to eat at a desk with Xi.
The most significant diplomatic relationship in the world is that between China and the US. The future of humanity will depend on how China and the US getting on, Xi said on October 9 to the bipartisan US Senate committee led by Majority Leader Chuck Schumer in Beijing.
We have a thousand motives to enhance China-US relations, but not one purpose to destroy them, he said, saying this repeatedly, including to many leaders.
In light of a decline in China’s foreign direct investment ( FDI) by 14.7 % year over year to about US$ 132.9 billion in the first nine months of this year, Xi made his remarks.  ,
Since August, China’s Ministry of Commerce has stopped stating its foreign direct investment ( FDI) in dollar terms. Asia Times estimated the 14.7 % decline using the FDI in renminbi terms.  ,
According to data released by the State Administration of Foreign Exchange ( SAFE ) on November 3, direct investment liabilities, a measure of FDI, were down$ 11.8 billion in the third quarter compared to US14.1 billion during the same time last year.
For the first time since 1998, the weekly number is negative, indicating that China is having trouble luring international businesses and investments.
A difficult path lies away.
According to Wang Wenbin, a spokeswoman for China’s Ministry of Foreign Affairs,” the two sides have agreed to work together for the meeting between the two Presidents in San Francisco.”
He said,” In the interim, it wo n’t be easy sailing to San Francisco, and we cannot leave it to autopilot to get us there.” ” The two sides must go back to what the two President in Bali agreed upon and actually take action on it.”
Beijing believes that the US has failed to carry out the agreement reached by Xi and Biden in the Bali meeting over the previous month. The discussion was characterized by Beijing as “five hoo” and “four no- purposes.”
The “five noes” are Biden’s assurances that the US wo n’t try to start a new Cold War, alter the Chinese political system, reestablish alliances with China, support Taiwan independence, or support two Chinas or “one China on Taiwan.” The “four no-intentions” indicate that the US has no desire to engage in combat with China, to try to de-couple with it, obstruct China’s financial advancements, or to contain China.  ,
Chinese officials have repeatedly stated since the Bali conference that the US has accede to China’s “reasonable problems,” or “five needs,” which include the cancellation of additional tariffs imposed on Chinese goods, sanctions against Chinese businesses, investment restrictions, device export controls, and US-imposed Xinjiang solution bans.  ,
Bao Ming, a retired military officer of the People’s Liberation Army ( PLA ), writes in an article that was published on Tuesday that” the US must meet several reasonable concerns and requirements of China” in order to realize the Sino-US summit in San Francisco.  ,
He claims that” the US, no China, failed to keep its guarantees.”
The Biden administration has attempted to improve relations with China but has encountered robust domestic resistance, he acknowledges some real social constraints on how far BiDEN you go.
Due to intense social pressure from Republicans and perhaps Democrats, Bao claims it is difficult for Biden to change his position on business, the high-tech restrictions, Taiwan, Ukraine, or South China Sea problems.  ,
He claims that in order for Biden to overcome social challenges and make China and the US’ shared interests outweigh their differences, only a significant incident event like the Pearl Harbor incident or the September 11 incident can do so.
He continues by saying that the Israeli-Palestinian issue, which has the potential to escalate into a major local battle, may present China and the US with an opportunity to begin working together.
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At , @jeffpao3 is Jeff Pao’s Twitter account.