Xi Says China Open to U.S. Talks on Industrial Subsidies

The transcript discusses the anticipated virtual meeting between President Joe Biden and President Xi Jinping, focusing on trade issues and the potential for easing tensions between the US and China. It highlights China's interest in joining the Trans-Pacific Partnership and the challenges related to industrial subsidies and state-owned enterprises. The meeting is expected to address consulate closures, visa issues, and the phase one trade agreement, providing a clearer path forward for US-China relations.

What is one of the main issues China might need to address to join the Trans-Pacific Partnership?

• Military expansion

• Human rights policies

• Industrial subsidies

• Environmental regulations

Which international group has expressed concerns about China's economic practices?

• The ASEAN

• The United Nations

• The African Union

• The European Union

What is the format of the upcoming meeting between the US and China?

• In-person meeting

• Virtual meeting

• Telephonic conversation

• Written correspondence

Which consulates are mentioned as potential topics in the US-China meeting?

• San Francisco and Guangzhou

• Houston and Chengdu

• Los Angeles and Shanghai

• New York and Beijing

What trade agreement is mentioned as part of the meeting's agenda?

• NAFTA

• EU-China Investment Agreement

• RCEP

• Phase one trade agreement