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Xi-Biden summit revives hopes for stalled climate talks but no grand bargain, analysts say
- The channels of communication tipped to gradually reopen, with a Blinken trip to China on the horizon
- Climate envoys could also meet at COP27 but there is still pressure in the US for hawkishness
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Amid a deepening ideological and geopolitical divide, joint pledges by Chinese and American leaders to promote cooperation on transnational challenges have raised hopes for the restoration of climate talks and other official dialogue Beijing halted three months ago.
But with few concrete deliverables from the first in-person meeting between President Xi Jinping and his US counterpart Joe Biden since the latter took office last year, how soon those talks will resume will depend on the strength of their new rapport, according to observers.
Pundits said they were generally relieved to see the warmer-than-usual tone displayed by both leaders during three hours of talks on Monday on the sidelines of the Group of 20 summit in Bali, Indonesia.
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Asian stocks in Hong Kong, Shanghai and Tokyo also climbed on Tuesday amid prospects of reduced US-China tensions.
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Xi, Biden discuss Taiwan and Xinjiang in first in-person meeting
Xi, Biden discuss Taiwan and Xinjiang in first in-person meeting
Apart from customary smiles, handshakes and back-pats, the pair echoed each other in stressing the need for the rival powers to work together to cope with global and regional challenges.
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