On the program today, China and what's going on there, crypto and what is going on there,

and the supply chain and what is still going on there.

From American public media, this is Marketplace.

This is Los Angeles, I'm Kai, Rizdole.

It is Monday today.

This one's the 14th of November.

Good as always to have you along, everybody.

So I'll tell you what, you could look at almost any slice of the Sino-American relationship

right now, be it diplomatic, geopolitical, economic, technological, and things have been

frosty.

It's not like that's new, right?

We have talked about the Trump administration's tariffs and trade war, but it is why President

Biden's first face-to-face meeting with Chinese President Xi Jinping today at the

G20 was such a big deal.

And yes, sure, fine.

OK, the geopolitical strategic hot button issue has got pride of place today, but we are

talking about the two biggest economies on the planet, oh, by the way.

Marketplace's Mitchell Hartman gets us going.

Xi Jinping has just consolidated power and is beginning to address some of China's persistent

economic problems, a zero COVID policy that's repeatedly shut down major cities and industries,

the overheated property market that's rapidly deflating.

All that has led to a sharp slowdown in China's economic growth, which until recently has

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