• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsU.S. foreign policy

Biden, Xi to hold virtual summit Monday as tensions between the U.S. and China rise

By
Jenny Leonard
Jenny Leonard
and
Bloomberg
Down Arrow Button Icon
November 12, 2021, 12:49 PM ET

President Joe Biden will meet virtually with Chinese President Xi Jinping on Monday in a discussion designed to prevent a misunderstanding that could lead the rivals to a military conflict, a senior U.S. administration official said.

While the summit comes at a time of high stakes in the relationship, the Biden administration has continuously sought to downplay expectations for the meeting by stressing that the U.S. won’t ask for specific outcomes.

The talks come as tensions between the two countries have been building over issues including Taiwan and restrictions on sales of U.S. technology to China. The Biden administration has elevated the discussions to the two presidents after months of lower-level talks proved unsuccessful.

Biden and Xi have spoken on the phone twice this year, but this is the first time the conversation is being billed as a summit. The last U.S.-China summit in 2019 produced a breakthrough in Donald Trump’s trade war right before the pandemic hit. U.S.-China relations plunged soon afterward over a range of disputes including the origin of COVID-19, human rights in Hong Kong and Xinjiang, and national security threats posed by Chinese companies.

However, tensions eased a bit following a breakthrough on one key issue important to Beijing: the September release of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou from extradition proceedings in Canada. The U.S. had sought Meng’s extradition since the Trump administration and the issue became a major irritant in U.S.-China ties.  

On other topics, working groups set up by both sides have made some progress over the last month on minor issues in the relationship that have been lingering for months. 

The virtual summit is set for Monday evening Washington time—Tuesday morning in Beijing—and the two sides are not expected to issue a joint statement after.

A main driver for the talks is the need for both sides to establish guardrails that ensure competition does not become conflict, according to the official. Biden will stress the need for such an approach in his conversation with Xi, though it’s not clear what specific measures he’ll seek.

A senior administration official said the U.S. believes that when the terms of the relationship are established, vigorous competition can be sustained.

Climate deal

Special Climate Envoy John Kerry this week concluded an agreement with Beijing at the climate summit in Glasgow. The timing for the deal was not seen as linked to the upcoming summit between Biden and Xi.

U.S. officials have long cited climate as an area of cooperation but stressed that any progress there could not be linked to other aspects of the bilateral relationship. While the joint climate statement is seen as a step forward, more work remains and Biden is expected to press Xi on that.

The two presidents will discuss issues of concern to the U.S., including Taiwan and China’s economic practices, though a discussion about lifting tariffs is not on the table.

The White House views the passage of the bipartisan infrastructure bill and recent international summits where the U.S. re-engaged with allies as leverage for Biden going into the summit.

“Following their September 9 phone call, the two leaders will discuss ways to responsibly manage the competition between the United States and the PRC, as well as ways to work together where our interests align,” White House Press Secretary Jen Psaki said in a statement Friday. “Throughout, President Biden will make clear U.S. intentions and priorities and be clear and candid about our concerns with the PRC.”

A leading concern for the U.S. is the question of whether Xi would invade Taiwan, or possibly seek to take smaller islands controlled by Taiwan, a move that would be seen as a significant test of Western resolve. 

General Mark Milley, chairman of the Joint Chiefs of Staff, has said China is unlikely to take Taiwan by force within the next 24 months. And China’s state media have sought to quiet online speculation that a conflict with Taiwan may be imminent. 

More politics coverage from Fortune:

  • Biden’s vaccine mandate may be tied up in court—but employers shouldn’t wait to enforce it, say legal experts
  • Remote workers will not have to report proof of vaccination under OSHA’s new mandate
  • New York City mayor-elect says he’ll take his first 3 paychecks in Bitcoin
  • Congress passes $1 trillion infrastructure bill
  • Ethical leadership requires 6 qualities—and Mark Zuckerberg lacks two of them, argues a management expert from NYU

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning.

About the Authors
By Jenny Leonard
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Retail
Trump just declared Christmas Eve a national holiday. Here’s what’s open and closed
By Dave SmithDecember 24, 2025
23 hours ago
placeholder alt text
Personal Finance
Trump turns government into giant debt collector with threat to garnish wages on millions of Americans in default on student loans
By Annie Ma and The Associated PressDecember 24, 2025
23 hours ago
placeholder alt text
Personal Finance
Financial experts warn future winner of the $1.7 billion Powerball: Don't make these common money mistakes
By Ashley LutzDecember 23, 2025
2 days ago
placeholder alt text
Economy
Obama's former top economic advisor says he feels 'a tiny bit bad' for Trump because gas prices are low, but consumer confidence is still plummeting 
By Sasha RogelbergDecember 24, 2025
16 hours ago
placeholder alt text
Law
Disgraced millennial Frank founder Charlie Javice hits JPMorgan with $74 million legal bill, including $530 in gummy bears and $347 'afternoon snack'
By Sasha RogelbergDecember 23, 2025
2 days ago
placeholder alt text
Success
Billionaire philanthropy's growing divide: Mark Zuckerberg stops funding immigration reform as MacKenzie Scott doubles down on DEI
By Ashley LutzDecember 22, 2025
3 days ago

Latest in Politics

tariffs
PoliticsTariffs and trade
53-year-old customs broker wants to ‘Make Trade Boring Again,’ saying you won’t believe how complex cheese is these days
By Matt Sedensky and The Associated PressDecember 24, 2025
12 hours ago
nursing
LawPennsylvania
‘Never seen such heroism’: Christmas Eve bravery on display as rescuers rush into burning nursing home that rocked Pa. city for miles around
By Mingson Lau, Marc Levy, Mark Scolforo and The Associated PressDecember 24, 2025
12 hours ago
charity
Arts & Entertainmentphilanthropy
Most Americans decide 2025 isn’t the year for charity, poll says
By James Pollard, Linley Sanders and The Associated PressDecember 24, 2025
12 hours ago
EconomyMillionaires
Millionaire tax plans spread as Washington state eyes new levy
By Anna Edgerton, Casey Murray and BloombergDecember 24, 2025
17 hours ago
Dianna Tompkins sits on a stair in front of her home in Demotte, Ind., Dec. 17, 2025.
Arts & Entertainmentgovernment shutdown
When SNAP payments stopped, a fast-moving nonprofit program rushed in with $12 million—and kept families fed
By James Pollard and The Associated PressDecember 24, 2025
17 hours ago
LawDonald Trump
Trump’s $100,000 H-1B visa application fee upheld by judge
By Madlin Mekelburg and BloombergDecember 24, 2025
17 hours ago