A lot has changed since the two leaders last met. Trump is now embroiled in a war with Iran, China’s closest partner in the Middle East, that has led to a global energy crisis and diverted U.S. military assets from Asia. The war has also depleted U.S. munitions, raising doubts among some Chinese analysts about the United States’ ability to defend Taiwan, a close partner of Washington. Xi faces his own challenges as he grapples with slower economic growth, higher energy prices and the possibility of a global recession that would hurt China’s export-reliant economy. What is on the table?…
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