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Morning Brew Daily
Economic Implications of US-China Meeting & Climate Change Costs $150B a Year
Nov 15, 2023
27:10
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Discussion on US-China relations and upcoming meeting. Economic consequences of climate change and emissions reduction efforts. Finance industry bonuses and competition. Excitement builds for soccer in Maine.
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Quick takeaways
- The meeting between President Biden and Chinese President Xi Jinping aims to repair the US-China relationship and intensify economic competition based on mutual respect.
- The National Climate Assessment highlights the increasing frequency of extreme weather events and the urgent need to address climate change and its economic impacts.
Deep dives
Historic Face-to-Face Meeting Between US and China
President Biden and Chinese President Xi Jinping met face-to-face for the first time in a year. They aim to repair the relationship between the two superpowers and shift it towards more intense economic competition based on mutual respect. The meeting is significant due to the growing tensions between the US and China, particularly concerning trade restrictions and China's aggressive actions around Taiwan.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode