The economic backdrop of the Biden-Xi meeting




Marketplace show

Summary: <p>President Joe Biden and Chinese President Xi Jinping met on the sidelines of the G-20 summit today. Tariffs and other restrictions have hampered the already complex relationship between the two countries. Today, we outline the economic stakes of their conversation. Plus, a shortage of electrical transformers frustrates utility companies, the failure of FTX provides a painful lesson for cryptocurrency investors and retailers hope for predictability this holiday season.</p>