Xi Jinping

China Calls For Oil Trade In Yuan Currency At Gulf Summit

Chinese president, Xi Jinping, is on a 3-day visit to the Middle East which is the first visit since 2016. During Xi’s visit, he called upon its Arab friends that China seeks to purchase oil and gas in yuan, a move that would help Beijing’s goal of internationalizing its currency and decrease the influence of the U.S. dollar on global trade. 

Joe Biden And Xi Jinping Meeting Prepared Through Back-Channel

Advisors to the Biden administration opened back-channel communications with a senior Chinese diplomat, after Pelosi’s visit to Taiwan in August, reports the Wall Street Journal. Beijing widely cut communication to the US and both sides were looking for reengament.