President Biden and Chinese President Xi Jinping had a ninety-minute phone conversation (SCMP). The White House said they discussed how to keep U.S.-China competition from escalating into conflict.
This timeline traces U.S.-China relations.
China: Beijing announced it will sell oil (Bloomberg) from its strategic reserve for the first time in a bid aimed at lowering domestic prices.
Biden, Xi Speak on Phone for First Time Since February
FILE PHOTO: Chinese President Xi Jinping shakes hands with U.S. Vice President Joe Biden (L) inside the Great Hall of the People in Beijing December 4, 2013. REUTERS/Lintao Zhang/Pool//File Photo