Biden, Xi Confront Long List of Contentious Issues

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 15 November 2023

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Nov. 15. President Biden and Chinese leader Xi Jinping are meeting for a high-stakes summit in California. Senior news editor Charles Hutzler reports. Plus, U.S. retail sales declined in October for the first time since March. Economics reporter Austen Hufford has more. And the Federal Communications Commission adopts a new rule that will hold internet service providers liable for “digital discrimination.” Tech policy reporter Ryan Tracy explains. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:17.0	President Biden and Chinese leader Shizhin Ping meet in California with a long list of
0:26.1	contentious issues. Can the US and China improve relations? And U.S. retail spending fell
0:32.2	in October for the first time since March.
0:35.0	This is the third sign this week essentially that the economy is slowing.
0:40.0	We saw that the number of people being hired had slowed down.
0:44.0	Inflation is coming down.
0:45.6	And now retail sales are also coming down.
0:48.2	Plus how a new FCC rule holds internet providers liable for digital discrimination.
0:53.8	It's Wednesday, November 15th.
0:55.8	I'm Anne Marie Fertoli for the Wall Street Journal.
0:58.0	This is the PM edition of What's News,
1:00.1	the top headlines and business stories that moved the world today.
1:03.4	President Biden and Chinese leader Shizhin Ping are holding a high-stakes summit in
1:15.2	California today. There's a long list of issues on the agenda and little
1:19.4	expectation that the two will find compromise on the most contentious among them.
1:24.0	But U.S. officials said the two countries were close to finalizing agreements on restoring
1:28.3	communications between their militaries and cooperating to choke off fentanyl trafficking.
1:33.0	Speaking ahead of the summit on Tuesday, President Baden said his goal is to improve communication, not to decouple from China.
	...

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