The first high-level dialogue between China and the United States! The United States actually lowered its posture to "seek peace"?

Last weekend, senior Chinese and American leaders announced that the two sides will hold a video meeting between their leaders on the morning of the 16th. This will be the first face-to-face consultation between the Chinese and American leaders since the Biden administration came to power, and its importance can be seen.

Biden has conducted multiple levels of exchanges and consultations since taking office, including Sherman’s visit to China and the Alaska talks, but although the two heads of state have had two phone calls at the highest level, this one was not at a high level, and this video meeting will be the most substantive meeting between China and the United States to date.

According to internal information from the US media, the two sides may discuss issues such as climate, trade and nuclear non-proliferation. These are the areas where the US most hopes to develop further in-depth cooperation with China. In addition, they may also include the Taiwan Strait issue and cyber security issues, which have caused friction between the two sides recently.

We won’t say much about climate, nuclear non-proliferation and the Taiwan Strait. The economic base determines the superstructure. As long as the trade side is negotiated, many of the above problems can be solved. Therefore, how to restore normal trade exchanges between China and the United States is the top priority of tomorrow's meeting.

Another important point of this meeting is that the United States came to the talks with full sincerity. Because the meeting was held in the morning Beijing time, it would have been evening in the United States. If it was Washington, D.C., where the White House is located, the time difference is 13 hours, 10 a.m. Beijing time is 9 p.m. in the White House. An 80-year-old man has to prepare for such an important meeting at 9 p.m., and it is unknown how long it will last. The burden on his body is self-evident, and it also shows that the United States is really impatient.

We reported in the first half of the year that the entire U.S. economy was in the midst of inflation, with supplies in short supply and consumers unable to buy daily necessities. Inflation has become increasingly serious in the second half of the year. The latest October data showed that the U.S. inflation index CPI rose again by 6.1%, setting the highest inflation level in 31 years.

In a latest opinion poll released by the US media yesterday, November 14, Biden's approval rating continued to fall, falling below 41%. Biden has become the third-lowest president in US history in terms of approval rating. A large number of Americans are dissatisfied with Biden's work after taking office, and 70% of opponents believe that the current poor economic situation in the United States is the result of the Biden administration's ineffective work. If this continues, the Biden administration may fail to be re-elected in the 2024 midterm elections. Biden urgently needs an economic booster to add a good-looking project to his poor political performance.

This is why the Biden administration has chosen to hold this highest-level video meeting on Beijing time. It is really sincere. This also shows that in tomorrow's negotiations, Biden will definitely make very objective concessions on the above-mentioned issues (Taiwan Strait issue, Sino-US trade, climate and cybersecurity) to facilitate consultations with us and bring rescue to the stagnant US market.