Home » World News » Meetings like Biden-Xi summit may be only way forward for U.S. and China, former Obama advisor says
Meetings like Biden-Xi summit may be only way forward for U.S. and China, former Obama advisor says
U.S. President Joe Biden and Chinese President Xi Jinping could hold a virtual summit by the end of this year, sources told CNBC's Kayla Tausche.
Such top-level talks can help to address the most contentious issues at the heart of U.S.-China competition, said Evan Medeiros, who was President Barack Obama's top advisor on Asia-Pacific.
That signals a "limited thaw" in bilateral relations, said Scott Kennedy of Washington D.C.-based think tank Center for Strategic and International Studies.
Taiwan will "for sure" come up again when Biden and Xi hold their virtual meeting, said Kennedy, who's senior advisor and trustee chair in Chinese business and economics at CSIS.
A summit between U.S. President Joe Biden and Chinese President Xi Jinping could be the only way to find a path forward in the strategic competition between the world's top two economies, a former White House official said Thursday.
Evan Medeiros, who was former President Barack Obama's top advisor on Asia-Pacific, said only the top leadership in Beijing can help address the most contentious issues at the heart of the U.S.-China competition.
"There's really no other approach at this time that has as great a chance of working as that, because of the way the Chinese system is structured, because of how powerful Xi Jinping is, because of how centralized decision-making is," Medeiros, now a professor in Asian studies at Georgetown University, told CNBC's "Squawk Box Asia."
"I think the Biden administration is right to say not that they want to cut out the middlemen, but they want to use that top-level engagement between Biden and Xi to sort of set the overall tone and direction of the relationship," he added.