One International Crisis Defused

Created
Sat, 18/11/2023 - 06:00
Updated
Sat, 18/11/2023 - 06:00
While the Israel-Gaza horror carries on, Biden and Xi manage to thaw the frozen relationship with China a little bit This David Sanger piece is a nice succinct rundown of the summit this week Between Biden and Xi: When President Biden met President Xi Jinping on Wednesday on the edges of Silicon Valley, there was a subtle but noticeable shift in the power dynamic between two countries that have spent most of the past few years denouncing, undercutting and imposing sanctions on each other. For the first time in years, a Chinese leader desperately needed a few things from the United States. Mr. Xi’s list at the summit started with a revival of American financial investments in China and a break in the technology export controls that have, at least temporarily, crimped Beijing’s ability to make the most advanced semiconductors and the artificial intelligence breakthroughs they enable. All this may explain why Mr. Biden’s aides were able to negotiate, fairly quickly by Chinese diplomatic standards, potentially major breakthroughs on stopping the flow of the chemical precursors for fentanyl to the United States and a resumption of military-to-military communications, critical for two superpowers whose forces bump up against each other every day. The lurking question now is whether Mr. Xi’s charm offensive — on full display Wednesday night as he entertained chief executives — marks a lasting shift or a tactical maneuver. While Mr. Biden’s aides were pleased by the concrete outcomes of the summit, they readily conceded those may be…