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<oembed><version>1.0</version><provider_name>MS NOW</provider_name><provider_url>https://www.ms.now</provider_url><author_name>MS NOW</author_name><author_url>https://www.ms.now</author_url><title>Ahead of Biden-Xi meeting, stakes are high: &#x2018;China depends on us the way we depend on them&#x2019;</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="sn9xeJkUAH"&gt;&lt;a href="https://www.ms.now/andrea-mitchell-reports/watch/ahead-of-biden-xi-meeting-stakes-are-high-china-depends-on-us-the-way-we-depend-on-them-197759045583"&gt;Ahead of Biden-Xi meeting, stakes are high: &#x2018;China depends on us the way we depend on them&#x2019;&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.ms.now/andrea-mitchell-reports/watch/ahead-of-biden-xi-meeting-stakes-are-high-china-depends-on-us-the-way-we-depend-on-them-197759045583/embed#?secret=sn9xeJkUAH" width="600" height="338" title="&#x201C;Ahead of Biden-Xi meeting, stakes are high: &#x2018;China depends on us the way we depend on them&#x2019;&#x201D; &#x2014; MS NOW" data-secret="sn9xeJkUAH" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script&gt;
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</html><thumbnail_url>https://res.cloudinary.com/msnow/images/f_auto,q_auto/v1762457708/1699906794968_n_mitchell_bidenxisabrinapeter_231113_1920x1080-67kz85-1/1699906794968_n_mitchell_bidenxisabrinapeter_231113_1920x1080-67kz85-1.jpg?_i=AA</thumbnail_url><thumbnail_width>1920</thumbnail_width><thumbnail_height>1080</thumbnail_height><description>President Biden and Chinese President Xi Jinping are set to meet for the first time in a year, with the re-establishment of military-to-military communications being a top priority for the Biden administration. Peter Baker and Sabrina Siddiqui join Andrea Mitchell to discuss what to expect from the meeting. &#x201C;China depends on us the way we depend on them. When you have the two largest economies in the world, there is by definition a certain interdependency and they don't want to risk decoupling, the idea that the American economy would completely cut itself off from China,&#x201D; Baker says. &#x201C;That's not been, of course, the Biden administration's goal. They say they're for de-risking, not decoupling. But that's a tricky balance to find. And we'll see how they manage to navigate that at this summit in San Francisco.&#x201D;</description></oembed>
