Biden and Xi to hold high-stakes meeting today in San Francisco

President Biden will meet with Chinese President Xi in San Francisco on Wednesday during the Asia-Pacific Economic Cooperation gathering, as Mr. Biden looks to manage the relationship between the world's two largest economies. 

It will be Mr. Biden's second in-person meeting with Xi since he took office, although the two have also spoken virtually and Mr. Biden met with Xi many times before taking office. This is the first time they have spoken since their last meeting, which was in Nov. 2022 in Bali, Indonesia, a senior administration said Tuesday night. 

Their meeting is scheduled for 2 p.m. ET, or 11 a.m. local time. Afterward, the president will hold a solo press conference.