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China and the United States have outlined a plan for the stable development of relations


November, 16 2023
watermark Economic news

US President Joe Biden and President of the People's Republic of China Xi Jinping met in San Francisco as part of the Asia-Pacific Economic Cooperation (APEC) summit.


The main purpose of the meeting is to develop a plan aimed at ensuring the healthy and stable development of relations between China and the United States. The two leaders discussed the best way to interact between the countries and expressed their responsibility for the future of relations between China and the United States.


It is worth noting that the meeting between Biden and Xi was the first in the last year. It took place against the backdrop of the ongoing «trade war» and global tensions, such as the conflict in Ukraine and the Middle East.


Xi Jinping expressed China's desire for global stability and stressed that Chinese civilization values peace, friendliness and harmony. He noted that aggression and expansion are not included in the cultural values of China and that the Chinese keep bitter memories of the suffering they have experienced in modern history.


However, the American president again distinguished himself by calling his Chinese counterpart a «dictator», and not for the first time. «He is a dictator in the sense that he is a guy who runs a communist country based on a form of government completely different from ours,» the US president said.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.