Biden and Xi speak at APEC Summit, Alibaba Tumbles

President Biden and Chinese President Xi Jinping speak at APEC Summit, discussing stable U.S.-China ties and encouraging investment in the Asia Pacific. Alibaba's stock drops, Apple delays iPhone modem release. The podcast also explores the US's role in worker empowerment, Israel's control over Gaza's harbor, and Xi Jinping's charm offensive during his visit to the US. The significance of trust and security in international relations is discussed, as well as the challenges of balancing initiatives to attract foreign businesses with national security concerns.