The chapter discusses the recent APEC meeting during the Biden-Xi summit, highlighting its success simply because it took place and both leaders agreed to talk. It mentions interesting moments like Joe Biden calling Xi Jinping a dictator and the reaction of Anthony Blinken, while emphasizing the normalcy of the meeting compared to earlier discussions. The chapter discusses the implications of the summit for investors, touching on restrictions on Alibaba's cloud unit, various military tensions, and agreements on military exchanges, fentanyl, and increasing flights between the US and China.
Bloomberg Opinion Markets Columnist Jonathan Levin explains why to fulfill its promise as a financial center, South Florida needs to invest heavily in climate resiliency, more walkable cities and better schools. Andy Browne, Partner at Brunswick Group, shares his thoughts on the APEC summit and President Biden’s meeting with President Xi Jinping of China. Elena Songster, Associate Professor of History at Saint Mary’s College of California and author of “Panda Nation" talks about China once again sending pandas to American zoos. Kate Kaminski, COO of Walton Global, discuses state of the US housing market. And we Drive to the Close with Sylvia Jablonski, CEO & CIO at Defiance ETFs.
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