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American business leaders meet with Xi Jinping in Beijing, where CCP's control over investments and factories in China limits their freedom. Despite the lucrative opportunities due to cheap labor, the risk of doing business with a transnational terrorist group like the CCP is high. Negotiations are needed to address these concerns and potential sanctions.

"We should advocate for an equal and orderly, multipolar world, and a universally beneficial and inclusive economic globalization, and make the global governance system more just and equitable." Leaders from across The Middle East and Asia gathered in a huge building, 'they boast that they represent nearly 50% of the world's population.' The enduring image was of three of the world's largest countries—Russia, China, and India—looking cordial, with Putin and Modi 'sharing a laugh with the Chinese leader on the sidelines, really almost literally rubbing shoulders.' Modi's first trip to China in seven years. As the summit wrapped up, the gathering signaled 'a time of global uncertainty,' with calls for some kind of newer, fairer system of government. They criticized 'a world order that's been dominated too much by The US since the collapse of the Soviet Union.'

- Speaker 0 notes that vaccines and boosters are readily available, testing has been dramatically scaled with millions of rapid tests, and that 82 percent of adult Americans have taken the vaccine. He states that those not vaccinated are nine times more likely to be hospitalized or die from the virus, and emphasizes that the country is in a different place than a year ago, with ongoing work to fight the virus. - On the strategic petroleum reserve (SPR), Speaker 0 explains that the release totals 50,000,000 barrels, with 18,000,000 already congressionally required and accelerated by the president to provide immediate relief. The remaining 32,000,000 comes from an exchange, putting barrels on the market now in exchange for their return in the future. He describes the exchange as a tool matched to the current economic environment and notes the aim to lower costs for the American people, particularly gas prices ahead of the holiday season, while acknowledging the pandemic’s impact on the global cost of goods and gas. He also mentions pressing OPEC+ to increase supply and using every tool at the administration’s disposal to help working families. - When pressed about the 50,000,000 barrels figure, Speaker 0 refrains from further detail beyond the explanation that 18,000,000 were congressionally required and the rest come from the exchange arrangement. - On China, Speaker 0 clarifies that the president did not intend to separate China publicly, saying China may do more, but the president does not want to speak for any country. He notes that the president has had conversations with other countries and that the national security team has communicated with them; announcements will be made by those countries themselves. Speaker 1 asks whether the president spoke with Xi Jinping; Speaker 0 confirms they did talk, as referenced in a readout issued afterward, and that the president asked China to discuss helping with supply, without detailing further. - Regarding Ukraine, Speaker 1 asks for updates on White House assessments and plans for a possible phone call with President Putin. Speaker 0 says there is nothing to preview at this time, but reiterates that the United States remains in very close contact with European partners.

China and the United States have the potential to collaboratively address global issues. It's crucial for both nations to work together. I had a long-standing friendship with him, and we spent countless hours discussing various topics. He is truly remarkable. Have you had a chance to talk to him in private? The press often disapproves of my casual remarks, but I find him to be an extraordinary individual. Did you discuss the trailer from last week?

The US and China have agreed in principle to hold a summit between President Biden and Chinese leader Xi Jinping in San Francisco next month. However, China has warned that the road to the meeting won't be smooth sailing. Some argue that the US shouldn't be engaging with China due to issues such as Fentanyl-related deaths, intellectual property theft, and Chinese influence in conflicts like the Israel-Hamas war. Concerns have also been raised about China's growing ties to Cuba and the influx of Chinese nationals into the US. Critics believe that China's involvement in the Middle East and its economic ties with Iran are problematic. There are calls for the US to impose severe costs on China and eliminate its influence. The California governor's recent visit to China has also sparked controversy, with some criticizing his actions and statements.

Speaker 0 and Speaker 1 discuss the strategic direction of U.S.-China economic engagement and the future of the dollar. Speaker 1 argues that Obama should seek a financial arrangement with China when he travels to China, stating that “this would be the time because you really need to bring China into the creation of a new world order, financial world order.” He contends that “you need a new world order that China has to be part of the process of creating it, and they have to buy in. They have to own it.” He envisions a more stable global financial order resulting from China’s participation, with “coordinated policies.” Turning to the U.S. economy and the dollar, Speaker 1 addresses concerns about dollar weakness. He states that “an orderly decline of the dollar is actually desirable.” He explains that “A decline in the value of the dollar is necessary in order to compensate for the fact that The U. S. Economy will remain rather weak.” He further predicts that “China will emerge as the motor replacing The U.S. Consumer,” suggesting a shift in economic engine from the United States to China. He concludes that “there would be a slow decline in the value of the dollar, a managed decline.”

House Speaker Nancy Pelosi met with Syrian President Bashar Assad during a congressional tour of the Middle East, defying the White House's stance. Pelosi emphasized a message of friendship and hope, stating that the visit aimed to foster peace. Despite the White House's concerns about Syria's involvement in Iraq, Pelosi expressed satisfaction with the discussions, particularly regarding Syria's ties to militant groups and relations with Israel. She noted that Assad showed willingness to resume the peace process. This visit is viewed as a challenge by Democrats to encourage the White House to reengage with Syrian leadership, particularly following the deterioration of US-Syria relations after the 2005 assassination of a former Lebanese prime minister.

Following a difficult period in the relationship, both nations commit to moving forward through candid and constructive engagement. The approach must be mutual on both sides, anchored in "mutual respect, mutual sensitivity, and mutual interest." They insist that "'Differences must not become disputes nor competition conflict,'" and that progress depends on preserving this spirit of dialogue. The speakers frame this as a shared path to restore cooperation and avoid turning disagreements into disputes, underscoring the desire for constructive diplomacy and sustained, respectful interaction. They articulate a commitment to candid dialogue on shared interests and to establish mechanisms that manage differences without letting them escalate into disputes.

The speaker welcomes everyone to the Ben Franklin Room and discusses the historical ties between China and the United States. They mention the importance of cooperation in tackling global challenges, particularly climate change. The speaker emphasizes the need for strategic mutual trust and increased cooperation between the two countries. They highlight the progress made in negotiations and discussions during the visit. The speaker expresses confidence in the future of China-US relations and proposes a toast to friendship and a better tomorrow.

George Bibi and Vlad discuss the United States’ evolving grand strategy in a multipolar world and the key choices facing Washington, Europe, Russia, and China. - The shift from the post–Cold War hegemonic peace is framed as undeniable: a new international distribution of power requires the U.S. to adjust its approach, since balancing all great powers is impractical and potentially unfavorable. - The U.S. previously pursued a hegemonic peace with ambitions beyond capabilities, aiming to transform other countries toward liberal governance and internal reengineering. This was described as beyond America’s reach and not essential to global order or U.S. security, leading to strategic insolvency: objectives outpaced capabilities. - The Trump-era National Security Strategy signals a reorientation: U.S. priorities must begin with the United States itself—its security, prosperity, and ability to preserve republican governance. Foreign policy should flow from that, implying consolidation or retrenchment and a focus on near-term priorities. - Geography becomes central: what happens in the U.S. Western Hemisphere is most important, followed by China, then Europe, and then other regions. The United States is returning to a traditional view that immediate neighborhood concerns matter most, in a world that is now more polycentric. - In a multipolar order, there must be a balance of power and reasonable bargains with other great powers to protect U.S. interests without provoking direct conflict. Managing the transition will be messy and require careful calibration of goals and capabilities. - Europe’s adjustment is seen as lagging. Absent Trump’s forcing mechanism, Europe would maintain reliance on U.S. security while pursuing deeper integration and outward values. The U.S. cannot afford to be Europe’s security benefactor in a multipolar order and needs partners who amplify rather than diminish U.S. power. - Europe is criticized as a liability in diplomacy and defense due to insufficient military investment and weak capability to engage with Russia. European self-doubt and fear of Russia hinder compromising where necessary. Strengthening Europe’s political health and military capabilities is viewed as essential for effective diplomacy and counterbalancing China and Russia. - The Ukraine conflict is tied to broader strategic paradigms: Europe’s framing of the war around World War II and unconditional surrender undermines possible compromises. A compromise that protects Ukraine’s vital interests while acknowledging Russia’s security concerns could prevent disaster and benefit Europe’s future security and prosperity. - U.S.–Europe tensions extend beyond Ukraine to governance ideals, trade, internet freedom, and speech regulation. These issues require ongoing dialogue to manage differences while maintaining credible alliances. - The potential for U.S.–Russia normalization is discussed: the Cold War-style ideological confrontation is largely over, with strategic incentives to prevent Russia and China from forming a closer alliance. Normalizing relations would give Russia more autonomy and reduce dependence on China, though distrust remains deep and domestic U.S. institutions would need to buy in. - China’s role is addressed within a framework of competition, deterrence, and diplomacy. The United States aims to reduce vulnerability to Chinese pressure in strategic minerals, supply chains, and space/sea lines, while engaging China to establish mutually acceptable rules and prevent spirals into direct confrontation. - A “grand bargain” or durable order is proposed: a mix of competition, diplomacy, and restraint that avoids domination or coercion, seeking an equilibrium that both the United States and China can live with.

I have met with Xi Jinping more than any other world leader, spending over 68 hours in private meetings. We started as simultaneous interpreters when I was vice president, as it wasn't appropriate for the president to meet with the vice president. I traveled 17,000 miles for these meetings. In addition to the 68 hours, I've had around 12 to 15 hours of discussions with him.

A group of students from Muscatine, Iowa, visited China after an invitation from President Xi Jinping, who had previously visited their town. The trip included cultural exchanges and language learning, fostering a positive relationship between the two countries. The community hopes for future visits and potential summits between Xi and US President Joe Biden in Muscatine. The connection between Muscatine and China is seen as unique and valuable.

Mario (Speaker 0) and the Ukrainian ambassador (Speaker 1) discuss a mix of domestic corruption allegations, high-stakes diplomacy, and battlefield realities shaping Ukraine’s path toward ending the war. - Corruption scandal in Ukraine: The ambassador notes the scandal involved two government members and another former member, not Zelenskyy personally. She says lessons have been learned: war does not justify turning a blind eye to corruption, and the president has instructed the government to maintain full control of the situation and meet commitments and expectations. She emphasizes that the silver lining is the independent National Anti-Corruption Bureau of Ukraine (NABU) digging out the scandal, describing NABU as the positive development in this context. Zelenskyy’s response included calls for retirement of involved officials and a push for court hearings and convictions; he reportedly found it personally complex to accept the retirement of his long-time ally, Andriy Yermak, the head of the president’s office, but acknowledges the need for accountability and signals that further exposures would trigger similar actions. The ambassador stresses that all institutions must follow procedures and that the public pressure around the issue is especially painful as winter approaches. - Putin, NATO, and Ukraine’s diplomatic posture: The conversation turns to recent developments. President Putin’s comment after a meeting with the U.S. delegation—“we’ll take Donbas by force or by surrender”—is viewed as a signaling to the American side about Russia’s stance, with the ambassador noting limited progress from the Ukrainian delegation’s talks (Rostov Mumarov and Vipkov) and anticipating a fuller readout. The ambassador says Macron’s discussions with China and China’s involvement in Moscow at the same time as U.S. delegations signals China’s continuing engagement with both Russia and Western actors; China previously supported Russia’s war with material and financial backing, and the ambassador argues China’s presence in Moscow is natural given the broader geopolitics and the need to monitor unpredictable developments. - China and the broader strategic context: The ambassador explains that while Ukraine receives limited direct messaging from China, Beijing maintains dialogue with Russia, the United States, and European allies; China’s alignment with Russia was highlighted at the start of the large-scale invasion, with Xi Jinping and Putin signaling a “thousand-year partnership.” She notes Russia’s shift in narrative after Putin’s Alaska meeting with the U.S. president and suggests Chinese watchdogs in Moscow are a natural counterpoint to Western diplomacy. - The two major sticking points in negotiations: The ambassador notes that Russia presented a 28-point plan (narrowed to 20 points) focused on Donbas, with broader implications including security guarantees and the possibility of Ukraine joining NATO. She argues that it’s not productive to comment on each point in isolation since the Russian side uses a broader narrative that includes education of Ukrainian youth about anti-Western narratives. Ukraine is prepared to discuss a multi-layer solution: ceasefire, security guarantees, deterrence, and post-war political frameworks, while preserving sovereignty. - NATO and security guarantees: The ambassador contends security guarantees could be as strong as a NATO article-five framework, likening allied military actions to past operations conducted with partners. She distinguishes between the mere membership debate and practical security guarantees, asserting that Ukraine’s sovereignty remains paramount and that security guarantees are a meaningful path alongside potential NATO membership. - Steve Witkoff and Jared Kushner’s roles: The ambassador describes a layered U.S. approach (Witkoff as special envoy with direct dialogue with Russia, Rubio coordinating with European allies and NATO officials, plus others like Daniel Driscoll and Candy Baker). She says these are not adversarial to diplomacy; rather, they form a structured process that could converge on a formal U.S.-Ukraine negotiation framework with eventual endorsement by the U.S. administration. - Pokrovsk and battlefield dynamics: The ambassador downplays the idea that Pokrovsk’s capture would decisively alter front-line dynamics, noting that the front experiences hundreds of engagements weekly. She acknowledges that Russia’s propaganda around Pokrovsk is designed to signal progress, but argues the reality is a broader battlefield picture with ongoing Ukrainian resilience. - Long-term strategic questions and sanctions: The ambassador reiterates bipartisan U.S. support for sanctions and designating Russia as a sponsor of terrorism, while acknowledging that enforceability is challenging and that Russia seeks time through delaying tactics. She emphasizes that Ukraine cannot rely on speed alone and must continue leveraging strikes on Russia’s energy and military infrastructure, including the so-called “shadow fleet” vessels, while avoiding direct strikes on civilians. - The Yermak corruption episode: The NABU-led investigation exposed the scandal; the president requested retirement for implicated officials and supported legal proceedings. The ambassador clarifies that there is no evidence implicating Zelenskyy himself, stressing the personal responsibility of the president and the need for transparent procedures moving forward, while maintaining that Yermak’s future role is subject to ongoing scrutiny. She notes media rumors (e.g., “golden toilets”) are not substantiated and emphasizes that Yermak has been sanctioned and that the government is pursuing accountability in a manner consistent with legal processes.

Respecting each other, coexisting peacefully, and pursuing cooperation is key for China and the US to find the right way to get along. The speaker believes in a promising future for their bilateral relationship. The responsibility of steering China-US relations falls on the shoulders of the speaker and the president.

Speaker 0 and Speaker 1 discuss a cascade of developments around Ukraine, Russia, and Western policy. - Speaker 0 notes that Trump reportedly changed his stance on Tomahawk missiles, mentions a meeting with Zelensky where Zelensky supposedly urged acceptance of a Putin deal, and recalls that the Trump-Putin meeting was canceled. Speaker 1 responds that Russia has 100% made clear there will be no freeze and that for the war to end, Ukraine must leave all Russian territory. He says Tomahawk missiles were never on the table, that this was a pressure ploy by Trump to push Russia, and that it could have led to a thermonuclear war, which Putin reminded the US about in their conversations. - According to Speaker 1, Ukrainians will die, Russians will advance, Ukrainian economy will be destroyed, and Ukrainian energy infrastructure will be annihilated, leading to the collapse of Ukraine as a nation. Speaker 0 sketches a timeline: initial plans for a Putin-Trump-Zelensky sequence, Putin’s call after Trump hinted at Tomahawks, then a Zelensky meeting where Zelensky allegedly pressed Trump to accept a Putin deal, after which Tomahawks were no longer on the table and the Trump-Putin meeting was canceled. - Speaker 1 repeats: Tomahawks were never on the table; this was a pressure tactic. He explains the Russia-US exchange as frank, with Russia laying down the law; he asserts that the US would have faced a major escalation if Tomahawks had been supplied, because Tomahawks are nuclear-capable. He claims Ukraine would have been made a party to the conflict through US involvement. He adds that Russia will not accept a freeze because, constitutionally, Ukraine must leave all Russian territory, including Kherson, Zaporizhzhia, Donetsk, and Lugansk. - Speaker 0 asks why Tomahawks would matter, and Speaker 1 reiterates that Storm Shadow and Scout missiles are not nuclear capable, while Tomahawks would be, and contrasts this with Ukraine’s Flamingo drone, dismissing Flamingo as a propaganda tool. He describes Flamingo as a wooden drone designed to mimic a flock of birds and says it will be shot down and is not a serious threat; Ukraine’s drone capability is strong, with Ukrainians as the second-best fighters and drones in the world, while Russians are first in drone capability. - They discuss the trajectory of the war: Speaker 1 emphasizes that Russia’s advance is strategic, with drone warfare transforming the battlefield into piecemeal advances. He asserts Russia’s kill ratio of 36 Ukrainians to 1 Russian, and argues the West’s narrative of Russia suffering more is fantasy. He notes the West’s support for Ukraine drains Ukraine’s resources while Russia’s defense industry booms, and that Russia’s economy, energy, and sanctions resistance show resilience. - On economics, Speaker 1 claims the Russian economy is thriving; gas is cheap in Russia, Novosibirsk and Ekaterinburg are booming, and sanctions have not toppled Russia. He argues Europe’s sanctions are not beating Russia and that Russia’s ruble remains strong; he contrasts this with Western expectations of Russia’s collapse. - They discuss casualty figures and manpower. Speaker 0 asks for a definite casualty number; Speaker 1 cites Ukrainians dying daily (tens of thousands over time) and asserts Russians suffer hundreds daily on their worst day, noting Ukraine’s manpower shortages and Russia’s mobilization efforts: Russia conducted a one-time 300,000-mobilization; Ukraine has mobilized seven or eight times and relies on volunteers and external manpower, including Western units in some cases. He contends Russia’s total forces expanded to 1.5 million due to NATO expansion and ongoing operations. - On battlefield tactics, Speaker 1 explains Russia’s algorithm: three-man assault teams using drone support to seize bunkers held by larger Ukrainian forces, followed by reinforcement, all while drone warfare dominates. He asserts Ukraine’s drone capacity is strong, but Russia counters with its own drones and targeting of Ukrainian drone operators. - They debate why Russia would not freeze lines even if Ukraine yielded Donbas, Lugansk, and Donetsk. Speaker 1 insists those regions are Russian territory per referendum and constitutional absorption in September 2022, and argues that Ukraine cannot give up Donbas, which is Russia’s, and that a freeze would not be acceptable to Russia. He asserts that Moscow will not abandon these territories and that any idea of a freeze is a Western fantasy. - The discussion touches on the Minsk accords, the Istanbul talks, and the argument that Ukraine’s leadership initially pursued peace but later prepared for renewed conflict with NATO backing. Speaker 1 contends that Minsk was a sham agreed to buy time, and that Russia’s goal was to compel Ukraine to honor commitments to protect Russian speakers; Ukraine’s leadership is accused of pursuing war rather than peace after early negotiations. - They discuss Wagner and Prigozin’s role: Wagner provided a vehicle to surge capabilities into Lugansk and Donetsk; after September 2022 these troops were to be absorbed into the Russian military, but Prigozin continued operations in Bachmuth, recruited prisoners, and pressured for offensive allocations; this culminated in a confrontation with Shoigu and Gerasimov, and Wagner eventually faced disbandment pressure and a mobilization response. - In closing, Speaker 0 notes recent sanctions and Putin’s response condemning them as attempts to pressure Russia, while Speaker 1 reiterates that Russia seeks to end the war and rebuild relations with the US, but not under ongoing Ukraine conflict. He emphasizes that India and China will stand with Russia, citing strategic partnerships and the desire to maintain sovereign energy decisions, and predictsRussia will endure sanctions while seeking new buyers and alliances. - The exchange ends with Putin signaling that new sanctions will have costs for the EU, while Speaker 1 reiterates that Russia will adapt and maintain its strategic position, with China and India aligned with Russia rather than yielding to Western pressure.

I was honored to be the first president to welcome Aung San Suu Kyi to the White House and to visit this remarkable country. This marks a new chapter in U.S.-Burma relations. Last year, I asked Secretary Clinton to explore ways the U.S. could support reform efforts in Burma. We need to identify the necessary steps forward, focusing on the rule of law and ending civil conflict. All hostilities must cease promptly. Democracy has always been our goal, and while the path has been challenging, we see new opportunities today. The United States is committed to partnering with Burma as you continue your journey toward democratization.

- "We have begun preliminary mobilization of long-range bombers, aerial refueling aircraft, and forward support units." "US S Abraham Lincoln carrier strike group is moving from the South China Sea to the Middle East, to deter Seigou and provide immediate striking capability." "On the other hand, Iran side is entering the highest state of defense readiness, including a long-range air defense system like Barzriv(?) and a virtual air defense network, and a regional force including Hizballah Shiite faction prepared to oppose the US military air operations." "They are prepared to resist our air campaigns." China and Russia are watching our next moves. "What is that?" "That is the judgment above." "Damn, the protracted conflict in the Middle East would not give China room to move toward Taiwan; all would be delayed, and a single strike would end it." "The United States will cut the backbone of the system." "Are other powers ready to respond to that scale of reaction?" "Moscow speaks, Beijing watches; neither side will shed blood for Teheran." "What matters is what happens after Revolutionary Guards first act, and what fills the vacuum." "Your and my move—as long as your AIM and ideas bring— I am prepared to transition." "Never forget, it was us who raised you from a nameless origin; AIMs will defend Israel’s line against these wild men, and will continue to do so." "We have targeted Odesa's ideas, energy facilities, bridges, and other critical infrastructure." "From cities’ iron-walled defenses, distant from the front lines, ground forces maintain the line while these attacks keep draining Ukraine’s economy. Support is cut." "We will strip away what remains in the dirty chains and, in the end, the key will kneel at negotiation." "Together we hope to cooperate; we mark moments of strength daily." "That is a signal to the world that both nations move forward with resolve." "Coordination is not mere exchange; it is building trust and sharing objectives." "China must act with confidence and restraint, and there is no need to showcase force."

The speaker welcomes Minister Qaddafi to the State Department, stating that the United States deeply values its relationship with Libya. The speaker expresses enthusiasm for deepening and broadening cooperation between the two countries and looks forward to building on the existing relationship. Minister Qaddafi expresses his gratitude.

Chinese President Xi Jinping plans to visit the United States to meet with President Biden. The Chinese Communist Party (CCP) has a long-standing strategy of using this approach. Their internal propaganda convinces the Chinese people that when they meet Americans, they will persuade them that the US has no other option. Once in the US, they urge Americans to remain calm and optimistic, emphasizing the desire for China and the US to be friends again. This tactic has previously allowed the CCP to gain entry into the World Trade Organization (WTO), which some argue has had detrimental effects on the US economy.

Chinese engagement on the fentanyl crisis in the United States was notable this weekend. China sent the deputy minister for public safety, who isn't usually part of trade or negotiating teams. This deputy minister had a robust and highly detailed discussion with someone from the US national security team.