US, Chinese presidents hold two-day discussion in California
US President Barack Obama and Chinese President Xi Jinping met today in southern California for the first of two days of informal talks . This is the first meeting between the two leaders since Xi was appointed head of the Chinese state in March. - There is clear concern within sections of the US foreign policy establishment that the drive towards conflict with Beijing is nearing a possible point of no return. The Obama administration’s “pivot to Asia”—the calculated tightening of a noose around China through US basing deals, military exercises, shows of force, and diplomatic machinations—has turned the Asia-Pacific into a simmering cauldron of regional conflicts. Far from preparing to ease tensions with China, on the eve of the summit, Obama made clear he will maintain US economic and strategic pressure. He publicly declared that Beijing would have to comply with an “economic order where nations are playing by the same rules”—coded language for the Chinese leadership accepting US currency manipulation and further opening up its economy to US corporations.