Biden and Xi meet in San Francisco
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 15 November 2023
⏱️ 11 minutes
🧾️ Download transcript
Summary
Joe Biden and Xi Jinping will hold a high-profile summit in San Francisco today, US inflation fell more than expected to 3.2 per cent in October, and the war in Ukraine is doing serious damage to Russia’s labour market.
Mentioned in this podcast:
Biden and Xi meet in bid to stabilise relations between superpowers
US stocks and bonds jump after inflation falls to 3.2%
Russia’s war economy leaves businesses starved of labour
AI outperforms conventional weather forecasting methods for first time
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | Good morning from the Financial Times. Today is Wednesday, November 15th, and this is your |
| 0:07.5 | F.T. news briefing. She, Jin Ping and Joe Biden meet today and will only be the second time they've met face to face as |
| 0:15.0 | presidents and US inflation is headed in the right direction. Plus the war in |
| 0:20.5 | Ukraine is doing serious damage to Russia's labor market. |
| 0:24.0 | I'm Mark Filipino and here's the news you need to start a day. US President Joe Biden and Chinese President Xi Jin Ping are meeting in San Francisco today. |
| 0:47.0 | Right now, the U.S. and China aren't exactly on the best of terms, |
| 0:51.0 | so there's a lot of pressure on this summit. Here to tell us what we can |
| 0:55.0 | expect is the F.T.'s Washington Bureau Chief James Pledy. |
| 0:58.3 | Hi James. |
| 0:59.3 | Nice to be here. |
| 1:00.3 | Hi, James, can you give us a sense of just how tense things are between the US and China right now? |
| 1:06.7 | Well things have been very tense over the past few years between the US and China. |
| 1:11.5 | China is seen as one of the main, perhaps the main strategic competitor for the US. |
| 1:16.2 | There's a growing feeling in Washington that we're headed towards a period of strategic |
| 1:21.1 | confrontation, if not conflict, |
| 1:23.4 | definitely competition with China on a variety of fronts, |
| 1:27.4 | both military, economic, diplomatic, |
| 1:31.3 | and I think that's the backdrop to this summit. |
| 1:35.0 | President Biden has been trying to stabilize relations with China |
| 1:39.3 | and with Chinese President Xi Jinping. |
| 1:42.1 | And this summit is one of the main pillars of that effort. |
| 1:47.0 | So then are we expecting any concrete agreements to come out of this meeting? |
... |
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