A giant panda hangs from a tree at the National Zoo in Washington, D.C., on Nov. 7, the last day of viewing before being shipped back to China.
Jim Watson/Getty Images
Investors should expect general reassurances, at best, that neither the U.S. or China are courting conflict as President Joe Biden and Xi Jinping seek to stabilize a relationship that has taken new blows since the two last met.
A meeting expected Wednesday in San Francisco would be the first in a year, culminating months of efforts by Biden administration officials to stabilize the relationship between two hypercompetitive rivals. Since the pair last met, in November 2022, ties have been strained by Chinese spy-balloon flights over the U.S., increased tension over Taiwan, anti-espionage rules imposed by Beijing, and Washington further…
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