Navigating the High-Stakes U.S.-China Meeting: Crisis Prevention and Global Risks

The upcoming meeting between US President Joe Biden and Chinese President Xi Jinping aims to expand dialogue and prevent a crisis in the increasingly tense US-China relationship. Flashpoints such as Taiwan and the South China Sea need careful management, especially with the politically charged 2024 ahead, which includes Taiwan's presidential election and the US presidential election. While there have been some signs of easing tensions, such as high-level visits and improved communication channels, challenges remain, particularly regarding US export controls and investment restrictions on Chinese tech. The meeting is seen as a potential high point for bilateral relations, but the key question is whether this will extend into a plateau or trigger a new cycle of deterioration.