BAD NEWS ON THE WAY - What to Expect from the Biden-Xi Meeting - And It's Not Good

 

What to Expect from the Biden-Xi Meeting - And It's Not Good by Pete Hoekstra  •  November 14, 2021 at 5:00 am With the U.S. suffering significant inflation, and with supply chain disruptions identified as one of the causes, expect little pressure on China to address intellectual property theft, currency manipulation, unfair Chinese government support in distorting markets, or disruptive Chinese trade barriers. The bias during the upcoming meeting between U.S. President Joe Biden and Communist China's President Xi Jinping will be to put a happy face on this relationship. Pictured: Then US Vice President Joe Biden and Xi Jinping, then First Secretary of the Chinese Communist Party, in Los Angeles on February 17, 2012. (Photo by Frederic J. Brown/AFP via Getty Images) With the U.S. suffering significant inflation, and with supply chain disruptions identified as one of the causes, expect little pressure on China to address intellectual property theft, currency manipulation, unfair Chinese government support in distorting markets, or disruptive Chinese trade barriers. The bias will be to put a happy face on this relationship. We certainly can hope for Biden to put up a strong position on the COVID-19 pandemic. More than 750,000 Americans are dead.... America, and the world need answers. China needs to be held accountable. One can only fear where this goes if the U.S. does not confront China. It is unlikely we will see any leadership from Europe on this issue; European leaders seemed determined to forge closer economic ties with China, which will doubtless use these revenues for bulking up its military to "take over the world." It is either Biden or nobody, and nobody seems to have the upper hand. An even worse potential outcome on the COVID-19 pandemic issue may be a gauzy statement along the lines that ... the U.S. and China will closely cooperate on addressing the current situation.... Even worse, we will form the core of a new global organization to prepare for, confront, and combat any potential future pandemics. Heaven help us if this is the outcome. Here is what we likely can expect from the upcoming meeting between U.S. President Joe Biden and Communist China's President Xi Jinping. Climate change, yes. Human rights, not so much. Throw in a little trade but take out all references to the Wuhan-origin of the coronavirus pandemic. This will be a summit that majors in minors. It will have significance, but only because of what it fails to do rather than what it does. Continue Reading Article