China and US Relations: A Positive Start to a Big Week

President Xi Jinping and President Joe Biden are set to meet, with China's press playing down rhetoric and focusing on economic cooperation. The article highlights the diverging economies of the US and China, emphasizing contrasting consumer behaviors, savings rates, and financing structures. Additionally, the article discusses the positive performance of Chinese companies during Singles Day, with Alibaba announcing significant sales figures. The APEC Conference and the upcoming meeting between the two presidents are also mentioned.