Biden Will Speak to Xi on Thursday

The transcript discusses a critical conversation between the US and China, focusing on Taiwan's significance, especially in light of Speaker Pelosi's potential visit. The dialogue aims to stabilize relations and avoid conflict, considering global economic implications and the importance of Taiwan's chip shipments.

What are the two sides hoping to achieve in their relationship, according to the text?

Why is any disruption to chip shipments from Taiwan considered detrimental to the global economy?