News Snapshot:
When Xi Jinping and Joe Biden meet on the Indonesian island of Bali on Monday, they will each lay out for the other a set of red lines that must not be crossed in dealing with Taiwan. But both sides see the meeting as an opportunity to stabilise the relationship between the world’s two biggest powers and to slow its downward spiral. Mr Biden said on Sunday that he expected to have a straightforward discussion with Mr Xi, whom he has known since he was vice-president under Barack Obama. “I’ve spent more time with him than any other world leader....