Biden and Xi to meet in San Francisco
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 15 November 2023
⏱️ 18 minutes
🧾️ Download transcript
Summary
We’re looking ahead to the meeting between Presidents Joe Biden and Xi Jinping in San Francisco – the first time the two leaders will have met in 12 months.
Diplomatic ties between Washington and Beijing have deteriorated this year, with tensions rising over Taiwan and the South China Sea.
Meanwhile, there’s been a tit-for-tat trade spat over semiconductors and raw materials. As the presidents meet on the side lines of the APEC summit, Vivienne Nunis takes stock of the relationship between the world’s two largest economies.
Produced and presented by Vivienne Nunis.
(Image: US President Joe Biden and China's President Xi Jinping meet at the G20 Summit in Bali on November 14, 2022. Credit: Getty Images)
Transcript
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| 0:00.0 | Sport, but not as you know it. |
| 0:03.4 | Yes, you're good enough. |
| 0:04.7 | We wish we could take you, but you're a girl. |
| 0:08.1 | Amazing sports stories from the BBC World Service. |
| 0:11.5 | The rules were holding her back. |
| 0:14.0 | So she would have to rewrite them. |
| 0:16.0 | Listen now wherever you get your BBC podcasts. |
| 0:20.0 | Today on Business Daily with me, Vivienne Nunes, we're heading to San Francisco. |
| 0:25.8 | There on the sidelines of an international summit, US President Joe Biden will meet with |
| 0:30.9 | China's leader, Xi Jinping. The face-to-face meeting comes after a year of escalating tensions |
| 0:36.8 | between the world's two largest economies. |
| 0:39.8 | So what might be achieved in San Francisco and what does it mean for the rest of the world? |
| 0:44.9 | The reality is there's a pretty zero-sum competition here for which country is going to be the world's technology leader. |
| 0:50.6 | We find out in Business Daily from the BBC. Traditional Lion Dancers crouched low and leap high in San Francisco's Chinatown, home to restaurants, Asian grocery stores and the Golden Gate Fortune Cookie Factory. |
| 1:15.8 | This hub of Chinese-American culture dates back to the early 1850s. |
| 1:21.2 | Today, California is home to 6 million Asian Americans and Pacific Islanders. |
| 1:27.1 | The economy has grown exponentially too. |
| 1:30.1 | If California were a country, it would rank as the fifth largest economy on the planet, |
| 1:35.2 | thanks in no small part to the technology sector in Silicon Valley. |
| 1:40.9 | So perhaps it's no surprise that the US chose San Francisco as the host city for this week's APEC summit. |
| 1:48.9 | Kevin Shu is the co-chair of the host committee. |
| 1:51.5 | San Francisco has the first Chinatown been built in the United States. |
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