• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsU.S. foreign policy

Biden, Xi to hold virtual summit Monday as tensions between the U.S. and China rise

By
Jenny Leonard
Jenny Leonard
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Jenny Leonard
Jenny Leonard
and
Bloomberg
Bloomberg
Down Arrow Button Icon
November 12, 2021, 12:49 PM ET

President Joe Biden will meet virtually with Chinese President Xi Jinping on Monday in a discussion designed to prevent a misunderstanding that could lead the rivals to a military conflict, a senior U.S. Administration official said.

While the summit comes at a time of high stakes in the relationship, the Biden administration has continuously sought to downplay expectations for the meeting by stressing that the U.S. Won’t ask for specific outcomes.

The talks come as tensions between the two countries have been building over issues including Taiwan and restrictions on sales of U.S. Technology to China. The Biden administration has elevated the discussions to the two presidents after months of lower-level talks proved unsuccessful.

Biden and Xi have spoken on the phone twice this year, but this is the first time the conversation is being billed as a summit. The last U.S.-China summit in 2019 produced a breakthrough in Donald Trump’s trade war right before the pandemic hit. U.S.-China relations plunged soon afterward over a range of disputes including the origin of COVID-19, human rights in Hong Kong and Xinjiang, and national security threats posed by Chinese companies.

However, tensions eased a bit following a breakthrough on one key issue important to Beijing: the September release of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou from extradition proceedings in Canada. The U.S. Had sought Meng’s extradition since the Trump administration and the issue became a major irritant in U.S.-China ties.  

On other topics, working groups set up by both sides have made some progress over the last month on minor issues in the relationship that have been lingering for months. 

The virtual summit is set for Monday evening Washington time—Tuesday morning in Beijing—and the two sides are not expected to issue a joint statement after.

A main driver for the talks is the need for both sides to establish guardrails that ensure competition does not become conflict, according to the official. Biden will stress the need for such an approach in his conversation with Xi, though it’s not clear what specific measures he’ll seek.

A senior administration official said the U.S. Believes that when the terms of the relationship are established, vigorous competition can be sustained.

Climate deal

Special Climate Envoy John Kerry this week concluded an agreement with Beijing at the climate summit in Glasgow. The timing for the deal was not seen as linked to the upcoming summit between Biden and Xi.

U.S. Officials have long cited climate as an area of cooperation but stressed that any progress there could not be linked to other aspects of the bilateral relationship. While the joint climate statement is seen as a step forward, more work remains and Biden is expected to press Xi on that.

The two presidents will discuss issues of concern to the U.S., including Taiwan and China’s economic practices, though a discussion about lifting tariffs is not on the table.

The White House views the passage of the bipartisan infrastructure bill and recent international summits where the U.S. Re-engaged with allies as leverage for Biden going into the summit.

“Following their September 9 phone call, the two leaders will discuss ways to responsibly manage the competition between the United States and the PRC, as well as ways to work together where our interests align,” White House Press Secretary Jen Psaki said in a statement Friday. “Throughout, President Biden will make clear U.S. Intentions and priorities and be clear and candid about our concerns with the PRC.”

A leading concern for the U.S. Is the question of whether Xi would invade Taiwan, or possibly seek to take smaller islands controlled by Taiwan, a move that would be seen as a significant test of Western resolve. 

General Mark Milley, chairman of the Joint Chiefs of Staff, has said China is unlikely to take Taiwan by force within the next 24 months. And China’s state media have sought to quiet online speculation that a conflict with Taiwan may be imminent. 

More politics coverage from Coins2Day:

  • Biden’s vaccine mandate may be tied up in court—but employers shouldn’t wait to enforce it, say legal experts
  • Remote workers will not have to report proof of vaccination under OSHA’s new mandate
  • New York City mayor-elect says he’ll take his first 3 paychecks in Bitcoin
  • Congress passes $1 trillion infrastructure bill
  • Ethical leadership requires 6 qualities—and Mark Zuckerberg lacks two of them, argues a management expert from NYU

Subscribe to Coins2Day Daily to get essential business stories straight to your inbox each morning.

About the Authors
By Jenny Leonard
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Europe
Denmark offered to trade Greenland to the U.S. in 1910—and America thought it was crazy
By Steven Lamy and The ConversationJanuary 22, 2026
2 days ago
placeholder alt text
Personal Finance
Sweden abolished its wealth tax 20 years ago. Then it became a 'paradise for the super-rich'
By Miranda Sheild Johansson and The ConversationJanuary 22, 2026
2 days ago
placeholder alt text
North America
Gates Foundation plans to give away $9 billion in 2026 to prepare for the 2045 closure while slashing hundreds of jobs
By Sydney LakeJanuary 23, 2026
24 hours ago
placeholder alt text
Economy
'Some form of crisis is almost inevitable': The $38 trillion national debt will soon be growing faster than the U.S. economy itself, watchdog warns
By Nick LichtenbergJanuary 22, 2026
2 days ago
placeholder alt text
Energy
Elon Musk warns the U.S. could soon be producing more chips than we can turn on. And China doesn’t have the same issue
By Sasha RogelbergJanuary 22, 2026
2 days ago
placeholder alt text
Success
McDonald’s CEO shares tough love career advice he’d give Gen Z and young millennial workers: ‘No one cares about your career’
By Orianna Rosa RoyleJanuary 22, 2026
2 days ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Politics

North AmericaICE
Federal agents shoot another person in Minneapolis, Walz says. One officer tells bystanders ‘Boo hoo’
By Jack Brook and The Associated PressJanuary 24, 2026
29 minutes ago
EconomyTariffs and trade
Days after saying ‘it’s a good thing’ for Mark Carney to sign a trade deal with China, Trump vows a 100% tariff on Canada for doing so
By Jason MaJanuary 24, 2026
1 hour ago
NewslettersDonald Trump
President Donald Trump is acting like the CEO of USA Inc. Is it the strategy America needs?
By Alyson ShontellJanuary 24, 2026
1 hour ago
murkowski
PoliticsWhite House
‘I’m not sure about what’s going on with the United States’: Alaska’s Murkowski says Trump rattled Davos about a ‘new world order’
By Steven Sloan and The Associated PressJanuary 24, 2026
3 hours ago
hegseth
PoliticsPentagon
Trump’s National Defense Strategy declares ‘sharp shift,’ tells allies to take care of their own security
By Konstantin Toropin, Courtney Bonnell and The Associated PressJanuary 24, 2026
3 hours ago
kushner
PoliticsUkraine
Three-way-talks between Ukraine, Russia and U.S. held in Abu Dhabi in diplomatic first
By Kamila Hrabchuk, Kostya Manenkov and The Associated PressJanuary 24, 2026
3 hours ago