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It has been a year since President Xi and President Biden last met, and it’s hard to overstate just what a rollercoaster US-China relations have been on since then.

The fact this meeting is happening at all is the result of months of delicate planning.

But for all the “tough-line”, “hard-man” images that both men try to broadcast domestically, there is a mutual recognition of one key fact: it would cost more, both politically and economically, to allow relations to spiral.

Why now?

It was just nine months ago that US-China relations hit what felt like rock bottom as the so-called Chinese spy balloon was shot down over the US, plunging their diplomacy into crisis.

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Moment ‘spy balloon’ is shot down

The vast backdrop of disagreements from Taiwan, the Indo-Pacific, the Ukraine war, tech controls and economic sanctions meant the relationship felt as precarious and as dangerous as it had in decades.

But the summer has seen a blitz of diplomatic efforts to try to repair things, with multiple meetings of officials at various levels.

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Both sides know the window for progress is narrow.

Come next year, Taiwan’s presidential election will likely inflame tensions, and then the inevitable anti-China sentiment that will accompany the US election cycle will no doubt make things worse.

The time to play statesmen and to push for their interests is now!

What do they want?

Don’t be under any illusion, both Biden and Xi are coming to this table with immense amounts of scepticism about the other’s intentions.

Any meaningful breakthrough is highly unlikely.

What they both seek is a degree of what’s being called “tactical stabilisation” – a pause in deterioration that will allow each to pursue its interests in a more predictable environment.

On the US side, there is an understanding that only a meeting of the top men will unlock the Chinese system to enable cooperation on some of the “easier” issues like climate change and global health.

There is also a hope that military-to-military talks might be able to restart after being shut down following former Speaker Nancy Pelosi’s controversial visit to Taiwan last year.

From China’s perspective, a pause in deterioration gives it the space to continue to build up its economic and military strength to better compete going forward.

The visuals are also important to Xi Jinping domestically.

It has not been a brilliant year for him, with a chaotic end to his hated zero COVID policy, a faltering economy and deteriorating relations with multiple western countries. Being seen to be able to manage this crucial relationship is important to casting himself as a competent statesman.

So what will they discuss?

There are so many disagreements likely to be raised, but these are the top three on the list:

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China and US meet to ease tensions

Territorial claims and military tension

Perhaps top of the long list of issues between them is China’s increasingly assertive behaviour in contested areas that it claims as its own.

Most prominent is Taiwan, the self-governing island that China sees as a breakaway province. Xi has expressed multiple times his desire to “reunify” Taiwan, Biden has promised to defend it.

The other arena where tensions are rising is the South China Sea.

China claims the vast majority as its international waters, despite rival claims from the Philippines and others. In 2016, an international arbitral tribunal ruled overwhelmingly in favour of the Philippines.

However, in recent months there have been frequent confrontations between Chinese and Filipino vessels, and here too the US has reiterated its commitment to support the Philippines.

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Boats from China and Philippines collide

The US claims that in both areas China’s behaviour is becoming increasingly aggressive and, in some cases dangerous. It has released videos of Chinese jets flying hair-raisingly close to US ones, in one recent case, just 10ft away.

The Americans say the risk of accidents and escalation is grave.

China, for its part, says that it is US conduct that is the dangerous force. It sees American presence in these regions as blatant provocation in its backyard.

These are deeply intractable issues, the best that might be hoped for is some sort of agreement to an offramp for if things ever escalate.

Global conflicts

The two leaders will also discuss the two major ongoing global conflicts in Ukraine and the Middle East.

In both, they have taken a drastically different tact.

When it comes to Ukraine, China has attempted to portray itself as a neutral peacemaker, one of the only nations with the ability to talk to both sides.

The reality, though, is that Xi has made no secret of his growing closeness to Putin and has quietly been providing Russia with finance, technology and diplomatic cover.

Vladimir Putin and Xi Jinping pose at the Belt and Road Forum, Beijing, China. Pic: AP
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Xi has made no secret of his growing closeness to Putin. Pic: AP

Meanwhile, in the Middle East, it has called for a ceasefire and peace, but it has stopped short of directly condemning Hamas for the 7 October atrocities and state media has taken a decidedly pro-Palestinian tone.

In both cases, China’s approach is in stark opposition to America’s, and it has criticised its rival for its full-throated support for both Israel and Ukraine and the supply of military assistance.

At root, both have an interest in the other not gaining advantage or influence off the back of the outcomes of these conflicts.

Tech and economic sanctions

There is still a raft of restrictions on technology and economic sanctions that exist between them.

Just in the last month, new ones have been announced on both sides, with China restricting US access to graphite (a crucial component in making batteries) and the US further restricting Chinese access to semiconductors.

The aim on both sides is to hinder the other’s ability to develop in key areas such as AI. But this trade war hurts them both as they remain major trading partners and the two economies are highly reliant on each other.

Xi in particular has a need to mitigate these issues.

Amidst a flagging economy, he is trying to woo foreign investment back to China and is expected to meet with US business leaders while in San Francisco.

A smooth summit might help him stave off, at least temporarily, more US restrictions and it may help shore up the confidence of some foreign businesses spooked by the imposition of state-centric restrictions and raids on a handful of China-based US businesses.

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Donald Trump says he’s ‘totally innocent’ and thanks judge moments before no-penalty sentence in hush money case

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Donald Trump says he's 'totally innocent' and thanks judge moments before no-penalty sentence in hush money case

Donald Trump has been handed a no-penalty sentence following his conviction in the Stormy Daniels hush money case.

The incoming US president has received an unconditional discharge – meaning he will not face jail time, probation or a fine.

Manhattan Judge Juan M Merchan could have jailed him for up to four years.

The sentencing in Manhattan comes just 10 days before the 78-year-old is due to be inaugurated as US president for a second time on 20 January.

Trump appeared at the hearing by video link and addressed the court before he was sentenced, telling the judge the case had been a “very terrible experience” for him.

He claimed it was handled inappropriately and by someone connected with his political opponents – referring to Manhattan district attorney Alvin Bragg.

As it happened:
Trump sentenced in Manhattan court

Trump said: “It was done to damage my reputation so I would lose the election.

“This has been a political witch hunt.

“I am totally innocent. I did nothing wrong.”

Concluding his statement, he said: “I was treated very unfairly and I thank you very much.”

The judge then told the court it was up to him to “decide what is a just conclusion with a verdict of guilty”.

He said: “Never before has this court been presented with such a unique and remarkable set of circumstances.

“This has been a truly extraordinary case.”

He added that the “trial was a bit of a paradox” because “once the doors closed it was not unique”.

US President-elect Donald Trump is seen on the screen at Manhattan criminal court in New York, US, on Friday, Jan. 10, 2025.  JEENAH MOON/Pool via REUTERS
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Pic: Reuters

Prosecutor Joshua Steinglass had earlier argued in court that Trump “engaged in a campaign to undermine the rule of law” during the trial.

“He’s been unrelenting in his attacks against this court, prosecutors and their family,” Mr Steinglass said.

“His dangerous rhetoric and unconstitutional conduct has been a direct attack on the rule of law and he has publicly threatened to retaliate against the prosecutors.”

Mr Steinglass said this behaviour was “designed to have a chilling effect and to intimidate”.

It comes after the US Supreme Court rejected a last-ditch attempt by Trump to delay sentencing in the case on Thursday.

Trump’s lawyers argued that evidence used during the trial violated last summer’s Supreme Court ruling giving Trump broad immunity from prosecution over acts he took as president.

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Todd Blanche, attorney for former US President Donald Trump, and US President-elect Donald Trump are seen on the screen at Manhattan criminal court in New York, US, on Friday, Jan. 10, 2025.  JEENAH MOON/Pool via REUTERS
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Trump appeared via videolink with his attorney Todd Blanche. Pic: Reuters

Trump’s hush money conviction in May 2024 means he will become the first person convicted of a felony to assume the US presidency.

He was found guilty in New York of 34 counts of falsifying business records relating to payments made to Ms Daniels, an adult film actor, before he won the 2016 US election.

Prosecutors claimed he had paid her $130,000 (£105,300) in hush money to not reveal details of what Ms Daniels said was a sexual relationship in 2006.

Trump has denied any liaison with Ms Daniels or any wrongdoing.

The trial made headlines around the world but the details of the case or Trump’s conviction didn’t deter American voters from picking him as president for a second time.

FILE - Former U.S. President Donald Trump attends his trial for allegedly covering up hush money payments linked to extramarital affairs at Manhattan Criminal Court in New York, Tuesday, April 23, 2024. (Timothy A. Clary/Pool Photo via AP, File)
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Trump appears in court during his trial. Pic: AP

What is an unconditional discharge?

Under New York state law, an unconditional discharge is a sentence imposed “without imprisonment, fine or probation supervision”.

The sentence is handed down when a judge is “of the opinion that no proper purpose would be served by imposing any condition upon the defendant’s release”, according to the law.

It means Trump’s hush money case has been resolved without any punishment that could interfere with his return to the White House.

Unconditional discharges have been handed down in previous cases where, like Trump, people have been convicted of falsifying business records.

They have also been applied in relation to low-level offences such as speeding, trespassing and marijuana-related convictions.

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US announces it will increase steps to limit revenue of Venezuelan president Maduro – as he begins third term

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US announces it will increase steps to limit revenue of Venezuelan president Maduro - as he begins third term

The US has announced it has increased its reward for information leading to the arrest of Venezuelan President Nicolas Maduro.

In a statement on Friday, the US treasury said up to $25m is being offered for information leading to the arrest of Mr Maduro and his named interior minister Diosdado Cabello.

Up to $15m is also being offered for information on the incoming defence minister Vladimir Padrino. Further sanctions have also been introduced against the South American country’s state-owned oil company and airline.

The reward was announced as Mr Maduro was sworn in for a third successive term as the Venezuelan president, following a disputed election win last year.

Nicolas Maduro sworn in for a third term as president.
Pic: Reuters
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Sanctions from the US, UK and EU came as Maduro was sworn in for a third term as president. Pic: Reuters

Elvis Amoroso, head of the National Electoral Council, said at the time Mr Maduro had secured 51% of the vote, beating his opponent Edmundo Gonzalez, who won 44%.

But while Venezuela’s electoral authority and top court declared him the winner, tallies confirming Mr Maduro’s win were never released. The country’s opposition also insists that ballot box level tallies show Mr Gonzalez won in a landslide.

Nationwide protests broke out over the dispute, with a brawl erupting in the capital Caracas when dozens of police in riot gear blocked the demonstrations and officers used tear gas to disperse them.

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From July 2024: Protests after Venezuela election results

More than 2,000 demonstrators were arrested, and Mr Gonzalez fled to Spain to seek asylum in September.

While being sworn in at the national assembly, Mr Maduro said: “May this new presidential term be a period of peace, of prosperity, of equality and the new democracy.”

He also accused the opposition of attempting to turn the inauguration into a “world war,” adding: “I have not been made president by the government of the United States, nor by the pro-imperialist governments of Latin America.”

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The UK and EU have also introduced new sanctions against Venezuelan officials – including the president of Venezuela’s supreme court Caryslia Beatriz Rodriguez Rodriguez and the director of its criminal investigations department Asdrubal Jose Brito Hernandez.

Foreign Secretary David Lammy said Mr Maduro’s “claim to power is fraudulent” and that last year’s election “was neither free nor fair”.

“The UK will not stand by as Maduro continues to oppress, undermine democracy, and commit appalling human rights violations,” he added.

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Mr Maduro and his government have always rejected international sanctions as illegitimate measures that amount to an “economic war” designed to cripple Venezuela.

Those targeted by the UK’s sanctions will face travel bans and asset freezes, preventing them from entering the country and holding funds or economic resources.

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Donald Trump says Vladimir Putin wants to meet – and that he and Barack Obama ‘probably’ like each other

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Donald Trump says Vladimir Putin wants to meet - and that he and Barack Obama 'probably' like each other

Donald Trump says a meeting is being set up between himself and Vladimir Putin – and that he and Barack Obama “probably” like each other.

Republican US president-elect Mr Trump spoke to reporters at his Mar-a-Lago resort in Florida on Thursday, saying Russian president Mr Putin “wants to meet, and we are setting it up”.

“He has said that even publicly and we have to get that war over with. That’s a bloody mess,” Mr Trump said.

Ukraine war latest updates

Kremlin spokesperson Dmitry Peskov said on Friday there was a “mutual desire” to set up a meeting – but added no details had been confirmed yet and that there may be progress once Mr Trump is inaugurated on 20 January.

“Moscow has repeatedly declared its openness to contacts with international leaders, including the US president, including Donald Trump,” Mr Peskov added.

“What is required is a mutual desire and political will to conduct dialogue and resolve existing problems through dialogue. We see that Mr Trump also declares his readiness to resolve problems through dialogue. We welcome this. There are still no specifics, we proceed from the mutual readiness for the meeting.”

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Donald Trump and Vladimir Putin in July 2017. Pic: AP
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Donald Trump and Vladimir Putin in July 2017. Pic: AP

Trump on Obama: ‘We just got along’

Mr Trump also made some lighter remarks regarding a viral exchange between himself and former Democrat President Barack Obama at Jimmy Carter’s funeral on Thursday.

The pair sat together for the late president’s service in Washington DC on Thursday, and could be seen speaking for several minutes as the remaining mourners filed in before it began.

Mr Obama was seen nodding as his successor spoke before breaking into a grin.

Asked about the exchange, Mr Trump said: “I didn’t realise how friendly it looked.

“I said, ‘boy, they look like two people that like each other’. And we probably do.

“We have a little different philosophies, right? But we probably do. I don’t know. We just got along. But I got along with just about everybody.”

The amicable exchange comes after years of criticising each other in the public eye; it was Mr Trump who spread the so-called “birther” conspiracy theory about Mr Obama in 2011, falsely asserting that he was not born in the United States.

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Insults continued for years, with Mr Obama famously dedicating much of his final White House Correspondents’ Dinner speech in 2016 to jokes at his political rival’s expense.

Mr Trump has repeatedly attacked the Obamas, saying the former president was “ineffective” and “terrible” and calling former first lady Michelle Obama “nasty” as recently as October last year.

On Kamala Harris’s campaign trail last year, Mr Obama said Mr Trump was a “78-year-old billionaire who has not stopped whining about his problems since he rode down his golden escalator nine years ago”, while the former first lady said that “the consequences of him ever being president again are brutally serious.”

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