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Stock impact report

During meeting with Biden, China's Xi cautions the U.S. to ‘make the wise choice' to keep relations stable [CNBC]

Warby Parker Inc. (WRBY) 
Company Research Source: CNBC
Trump and his “America first” policies, saying Beijing “is ready to work with a new U.S. administration.” During their talks on the sidelines of the annual Asia-Pacific Economic Cooperation summit, Xi cautioned that a stable China-U.S. relationship was critical not only to the two nations, but also the “future and destiny of humanity.” “Make the wise choice,” he cautioned. “Keep exploring the right way for two major countries to get along well with each other.” Without mentioning Trump's name, Xi appeared to signal his concern that the incoming president's protectionist rhetoric on the campaign trail could send the U.S.-China relationship into another valley. “China is ready to work with a new U.S. administration to maintain communication, expand cooperation and manage differences so as to strive for a steady transition of the China-U.S. relationship for the benefit of the two peoples,” Xi said through an interpreter. Xi, who is firmly entrenched atop China's political hiera Show less Read more
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