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Search resuls for: "Atlas Group"


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Biden and Xi sought to smooth frayed relations at their meeting on during the APEC summit. AdvertisementChinese leader Xi Jinping was keen to stress the potentially dire consequences of US-China tensions after his first meeting with Joe Biden in more than a year. Xi seemed keen in the speech to find common ground after months of worsening relations between the superpowers. As notable as the successes, were the areas where Biden and Xi failed to reach an agreement. And in the South China Sea, a region where China has sought to establish its dominance, Chinese warplanes have sought to intimidate US fighter jets.
Persons: Biden, Xi, , Xi Jinping, Joe Biden, Jonathan Ward, Xi's, Nancy Pelosi's Organizations: APEC, Service, Wednesday's, Allies, Atlas Group, The New York Times Locations: China, San Francisco ., United States, San Francisco, Taiwan, Ukraine, East, Russia, Israel, Gaza, South China
China's Xi Jinping and President Joe Biden are meeting in San Francisco at the APEC summit. AdvertisementPresident Joe Biden seems keen to ease tensions with his main global rival, China's leader Xi Jinping, against a backdrop of global chaos and conflict. Russia's President Vladimir Putin and Chinese President Xi Jinping pose with heads of delegations participating in the Third Belt and Road Forum in Beijing on October 18, 2023. Sun, the Stimson Center expert, said Xi will be seeking to use the meeting to burnish his image as a global statesman and head off China's economic woes. But whatever agreements Xi brokers with the US president it's unlikely to change his core mission: Chinese global dominance.
Persons: China's Xi Jinping, Joe Biden, , Xi Jinping, SERGEI, Jonathan Ward, Vladimir Putin, Biden, Xi, Putin, GRIGORY SYSOYEV, Ward, Yun Sun, Jeremy Chan, SAUL LOEB, Xi's, it's Organizations: APEC, Service, Economic Cooperation, Getty Images, Atlas Group, Russia's, Forum, Stimson Center, Eurasia Group, Getty Locations: San Francisco, China, Ukraine, Asia, East, Russia, Iran, Getty Images China, Beijing, Gaza, Israel, Palestine, Europe, Ethiopia, Argentina, Nusa Dua, Bali, Taiwan
China has been a key ally and crucial trade partner to Russia during the war in Ukraine. Cold War historian Sergey Radchenko argued in a New York Times op-ed that it's unwise for Putin to rely on China. Radchenko said history shows China will flip on allies as needed if it's to their benefit. Putin and Chinese President Xi Jinping have boasted about their "no limits" friendship, driven in part by a desire to curb US power. Some have argued that, at least for now, China may need Russia too.
Persons: Sergey Radchenko, Putin, Radchenko, Vladimir Putin, Xi Jinping, Xi, Mao Zedong, Jonathan Ward, Insider's Tom Porter Organizations: New York Times, Service, Kremlin, Politico, Johns Hopkins University, The New York Times, Communist, USSR, Communist Party, Atlas Group Locations: China, Russia, Ukraine, Cold, Wall, Silicon, West . China, Soviet Union, United States
China's Xi Jinping has formed close ties with Vladimir Putin's regime in Russia. But the Wagner rebellion exposed that Putin's authority is shakier than Xi realised, an analyst told Insider. If Russia loses against Ukraine, Xi would face global humiliation. If there are further signs Putin's grip on power is weakening, and chaos could engulf Russia, Xi faces a tough choice. "It's unlikely that Xi will go out of his way to support Putin's regime if that entails significant risks to China itself.
Persons: China's, Jinping, Vladimir Putin's, Putin, Wagner, Xi, , Xi Jinping, Vladimir Putin, Graeme Thompson, Moscow —, Thompson, Jonathan Ward, Ward Organizations: Service, Kremlin, Ukraine, Eurasia Group, Reuters, Atlas Group, Russia, West, Beijing Locations: Russia, Ukraine, China, Moscow, Taiwan, Beijing
The fate of Credit Suisse's investment bank hangs in the balance after being sold to UBS. The investment bank's planned spinoff has been put on hold and bankers are bracing for job cuts. People said they expect Credit Suisse's planned spinoff of its investment banking operations, announced last year, to be scuttled. Over at 11 Madison Ave., where Credit Suisse's NY operations are headquartered, emotions were running hot on Monday. Now, the proposed CS First Boston deal hangs in the balance, with both industry experts and Credit Suisse employees uncertain whether it will go through.
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