East goes West Coast to talk trade.

Hello and you're listening to the Marketplace Morning Report live from the BBC World Service.

I'm Leanna Byrne. Good morning.

Two men who are arguably the most powerful leaders in the world will meet face to face in a few hours time.

President Biden and China's Shizhing Ping will have talks in California,

and this meeting is on the edge of a summit of Asia Pacific

leaders in San Francisco. Here's the BBC's Vivian Nunez with the details.

At Apeck we imagine the possibilities when there is dialogue and cooperation.

When diverse communities work together through trade, good things can happen.

The Asia Pacific Economic Cooperation Forum brings together leaders of 21 economies in the Pacific

region, including representatives from Hong Kong and Taipei, alongside those from the People's Republic of China.

The idea behind the grouping is to promote free trade across the Pacific region.

But over the past few years, China and the US have been putting up trade barriers like tariffs instead of taking them down.

China has called the tariffs on a range of consumer goods discriminatory.

One item likely to be high on the agenda is the tit for

trade spat over semiconductors. Dr Chris Miller is the author of

Chip War. China spending tens of billions of dollars a year trying to domesticate an industry that in the past has been spread over multiple different countries.

And that has catalyzed policy responses from other governments. So for example, the US has decided to

restrict the transfer of AI chips, the types of chips that are used in training AI

systems to China?

The US says it introduced these controls

because of national security concerns

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