FT News Briefing US and China meet in an attempt to ease tensions
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Jun 20, 2023 Tensions between the US and China are in focus as Secretary of State Antony Blinken meets President Xi Jinping, aiming for a diplomatic thaw. Meanwhile, the aerospace industry buzzes with the potential rise of flying taxis, raising fascinating questions about urban air travel. Corporate giants like Amazon, Hilton, and Starbucks are also stepping up, committing to hire thousands of refugees across Europe. This intersection of global politics, technological innovation, and corporate responsibility sparks an engaging dialogue about the future.
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US-China Relations Thaw
- US and China officials met to ease tensions, marking the first visit by a US Secretary of State since 2018.
- Both sides expressed positive sentiment, but underlying tensions remain regarding Taiwan and strategic competition.
Future Challenges
- The positive messaging from the meeting was expected, with both sides aiming for stability.
- Upcoming elections in Taiwan and the US pose future challenges for the relationship.
Corporate America in China
- Corporate leaders like Elon Musk, Jamie Dimon, and Tim Cook were recently feted in China.
- This highlights China's prioritization of corporate America, creating tension with US political interests.