What the Biden-Xi Talks Accomplished (and Didn’t)

Biden and Xi try direct diplomacy The mood music was upbeat but pragmatic after the first face-to-face meeting in a year between President Biden and his Chinese counterpart, Xi Jinping. There was no joint communiqué after Wednesday’s talks, but both sides issued positive statements trumpeting where they found common ground, including on tackling climate change and improving communications. The San Francisco summit, and Xi’s banquet with American business leaders afterward, were signs of how entwined the economies remain despite years of rising tensions — and why both sides and many…

At the DealBook Summit, Untangling the Now — and the Future

This article is part of our special section on the DealBook Summit that included business and policy leaders from around the world. Last week at the DealBook Summit, I interviewed some of the world’s most influential leaders, among them Janet Yellen, the Treasury secretary of the United States; President Volodymyr Zelensky of Ukraine; Mark Zuckerberg, chief executive of Meta; and Andy Jassy, the chief executive of Amazon. One common theme came up in just about every conversation. It was that every decision — big and small — is ultimately a…