US-China meeting a chance to ‘reset’ ties even as Xi Jinping’s third term poses challenges ahead: Hillary Clinton

Former Secretary of State Hillary Clinton is hopeful that Chinese President Xi Jinping will collaborate with President Joe Biden during their upcoming meeting in California, particularly on climate change initiatives. Speaking at the Bloomberg New Economy Forum in Singapore via video, Clinton suggested that Xi might find Biden a willing partner, and the encounter could serve as an opportunity for the two nations to recalibrate their relationship. nnClinton, who served under President Barack Obama until 2012, noted that Xi's leadership style is markedly different from that of his predecessors, such as Hu Jintao, who chose not to remain in power indefinitely. This change in leadership dynamics, she believes, presents challenges, especially since Xi has recently secured a third term, signaling his intention to stay in power for life. The upcoming meeting between Xi and Biden is seen as a step towards building trust, but Clinton emphasized the need for ongoing dialogue. nnAt the same forum, global leaders, including Singapore's Foreign Minister Vivian Balakrishnan, voiced concerns about the escalating tensions between the U. S. and China, particularly regarding Taiwan and the South China Sea. U. S. business leaders highlighted the importance of maintaining trade and healthy competition with China. Ken Griffin, founder of Citadel, argued that cutting off China, especially in areas like semiconductor technology, would not benefit the U. S. in the long run. Instead, he advocated for enhancing American competitiveness through innovation and sound domestic policies.