Your Friday Briefing: Xi and Biden to meet

Plus tech company layoffs and Ukraine’s wary advance on Kherson.
Author Headshot

By Amelia Nierenberg

Writer, Briefings

Good morning. President Biden and Xi Jinping will meet on Monday. Plus, cryptocurrency chaos.

President Biden will meet with Xi Jinping at a low point in U.S.-China relations.Doug Mills/The New York Times

Biden and Xi to meet in person

President Joe Biden and Xi Jinping, China’s leader, will meet on Monday, before the G20 summit in Indonesia. The conversation will be their first in-person encounter since Biden took office.

Taiwan is the top issue. Tensions between China and the self-governed island democracy have been rising for months. Biden has taken a bolder stance on Taiwan than previous U.S. presidents. A senior official said he would deliver no “fundamental concessions” to Beijing, which insists that the island is part of its territory.

Expectations are low. A senior White House official framed the meeting as “building a floor” in U.S.-China relations, and said the president would be honest about his concerns. The two leaders will not release a joint statement after their meeting but are expected to discuss the war in Ukraine, trade, human rights and North Korea.

More diplomacy: Biden’s conversation with Xi will take place after another high-profile thaw. At COP27, the U.N. climate summit, John Kerry, the top U.S. climate negotiator, met at least three times with his Chinese counterpart. It was the only breakthrough since China suspended climate talks with the Biden administration in early August after Speaker Nancy Pelosi traveled to Taiwan.

Biden at COP27: The president will attend the summit today. He will try to promote the new U.S. climate law and skirt demands that his country compensate developing nations for the impacts of climate change.

Biden in Cambodia: Before arriving at COP27, he will speak with leaders of Southeast Asian countries as part of a larger effort to shore up relationships that could help contain China’s influence in the region.

Food prices have been high for months.Hiroko Masuike/The New York Times

U.S. inflation cools

Inflation appears to be slowing in the U.S., bolstering investors’ expectations that the Federal Reserve will moderate the pace of its interest rate increases. Stocks soared after the news yesterday.

While price increases are still rapid and painful for many households, the Fed’s preferred inflation measure picked up by 7.7 percent in the year through October, less than the 7.9 percent that analysts had expected.

But the U.S. economy is hardly on sure footing. The country’s technology sector, which was once considered a safe bet for the so-called best and brightest employees, is rushing to make staffing cuts, blaming a worsening economy. In the past week, Meta and Twitter have cut more than 10,000 employees each.

Politics: Inflation was at the top of voters’ minds in the midterms. But after the Democrats did better than expected, President Biden plans to hold the line on his economic policies.

Cryptocurrency: Binance, a giant exchange, pulled out of a deal to save its rival, FTX, one of the largest cryptocurrency exchanges in the world that collapsed over the last week. Now, a reckoning awaits, as investors and customers prepare to fight the company for their money.

Ukrainian soldiers in the Kherson area on Wednesday.Stanislav Kozliuk/EPA, via Shutterstock

Ukraine moves toward Kherson

Ukrainian troops are advancing on the strategic southern port city of Kherson after Russia said it would begin to retreat from it. But Ukrainian officials are wary: They fear it is a trap meant to lure their forces into brutal urban combat.

The Ukrainian military said it recaptured 12 settlements in the region, even as its forces encountered Russian-laid mines and roadblocks. For days Ukrainians have warned that Russian soldiers were changing into civilian clothes, moving into houses and fortifying positions outside the city.

Death toll: The top U.S. general said that Russia and Ukraine have each probably suffered more than 100,000 casualties. He also raised the possibility of peace talks, though Western officials say they are unlikely in the near future.



Around the World
Alaa Abd El Fattah began his hunger strike in April.Khaled Desouki/Agence France-Presse — Getty Images
Hannah Reyes Morales for The New York Times
This Week in Culture
A Morning Read
Smoking marijuana at a dispensary in Bangkok this month.Lauren DeCicca for The New York Times

Thailand’s military government is carrying out an experiment: What happens when a country in Asia, a region where drug laws tend to be harsh, essentially legalizes marijuana overnight?

Meanwhile, in the U.S., adventurous chefs are hosting semi-clandestine dinners that incorporate marijuana. “It’s very much like drinking a bottle of wine,” one chef said. “You’d sip on a bottle of wine over the course of a few hours, you’d get warm, feel better, feel good. Same thing with cannabis.”

Subscribe Today

We hope you’ve enjoyed this newsletter, which is made possible through subscriber support. Subscribe to The New York Times with this special offer.


‘The Crown’ returns to a changed Britain

The fifth season of “The Crown,” the Netflix series about British royals, is coming out at a pivotal moment for the monarchy and for Britain: Queen Elizabeth II died two months ago, and weeks of political and economic tumult this fall led to the downfall of Liz Truss and the ascent of Rishi Sunak, the country’s third prime minister since July.

Now Britain is divided over how the show, which returned this week, depicts the queen and the country’s thorny recent history.

Several prominent figures who are depicted in the show, including the former Prime Ministers Tony Blair and John Major, have publicly denounced the season. The actress Judi Dench said the series was, at times, “cruelly unjust to the individuals and damaging to the institution they represent,” and suggested a disclaimer be added to every episode.

“The series is now depicting events that many people in Britain lived through and can remember,” Sarah Lyall, a former London correspondent, told me. “The question of how ‘true’ it all is has become a much more resonant issue.”

But she added: “It’s a little disingenuous and self-righteous for people to say, ‘The queen has died. We can’t say anything that casts any doubt on anything she ever did.’ That doesn’t seem to jibe with how TV or popular culture works.”

For more: Here’s our review of the latest season and a profile of Imelda Staunton, who plays the queen.


What to Cook
David Malosh for The New York Times

Use chicken thighs as a shortcut for a weeknight version of birria, a Mexican stew traditionally made with goat.

What to Read

Just Passing Through” collects the diaries and photographs of Milton Gendel, a cultivated character who lived large in Rome.

What to Listen to

A 120-year-old piece by Gustav Mahler is a hot song after a star turn in the movie “Tár.”

Where to Go

How to spend 36 hours in Barcelona.


You can get a full-body workout in 20 minutes.

Now Time to Play

Play the Mini Crossword, and a clue: Choose (three letters).

Here are the Wordle and the Spelling Bee.

Have a delightful Friday, and enjoy your weekend! See you on Monday. — Amelia

P.S. The Times’s James Wagner will become an international sports correspondent based in Mexico City, and Alan Blinder will cover golf.

The Daily” is on Democrats’ successes in the midterms.

I’d like your feedback! Please email thoughts and suggestions to


Need help? Review our newsletter help page or contact us for assistance.

You received this email because you signed up for Morning Briefing: Asia Pacific Edition from The New York Times.

To stop receiving these emails, unsubscribe or manage your email preferences.

Subscribe to The Times

Connect with us on:


Change Your EmailPrivacy PolicyContact UsCalifornia Notices

LiveIntent LogoAdChoices Logo

The New York Times Company. 620 Eighth Avenue New York, NY 10018

Older messages

Your Thursday Briefing: No “red wave”

Thursday, November 10, 2022

Plus Russia says it is retreating from Kherson City and investors try to parse China's “zero Covid.” View in browser| Continue reading the main story Morning Briefing, Asia Pacific

Your Wednesday Briefing: The U.S. votes

Tuesday, November 8, 2022

Plus Europe makes climate pledges and Kenya discloses details of a Chinese railroad contract. View in browser| Continue reading the main story Morning Briefing, Asia Pacific Edition November

Your Tuesday Briefing: U.S. midterms

Monday, November 7, 2022

Plus a warning at COP27 and Kherson in distress. View in browser| Continue reading the main story Morning Briefing, Asia Pacific Edition November 8, 2022 Author Headshot By Amelia Nierenberg

Your Monday Briefing: COP27 begins

Sunday, November 6, 2022

Plus India could make peace in Ukraine and renewed outrage over China's zero Covid policy. View in browser| Continue reading the main story Morning Briefing, Asia Pacific Edition

Your Friday Briefing: A COP 27 preview

Thursday, November 3, 2022

Plus Benjamin Netanyahu retakes power in Israel and Imran Khan is wounded in Pakistan. View in browser| Continue reading the main story Morning Briefing, Asia Pacific Edition November 4,

Death to My Hometown

Friday, December 2, 2022

Overdose, USA. Plus Weekend Whats and Feel Good Friday. Friday, December 2, 2022 - The Day's Most Fascinating News from Dave Pell NextDraft Logo Current Edition About NextDraft Friday, December 2,

Welcome to Bingemas!

Friday, December 2, 2022

View in your browser Twitter Facebook Instagram Share | Subscribe The Ringer In the December 2 newsletter: An update to our Fantasy Football Rankings, a profile of Scoot Henderson, and a look at the

Join Us Today At 3:30pm ET For A Live Q&A About The Looming Railroad Strike

Friday, December 2, 2022

Join us on Callin to ask us questions in real time! Join Us Today At 3:30pm ET For A Live Q&A About The Looming Railroad Strike By David Sirota – 02 Dec 2022 – View online → Friends, there's

☕ One good Apple

Friday, December 2, 2022

The iconic Apple logo's origin story. December 02, 2022 Retail Brew TOGETHER WITH NetElixir Hi. Forget Black Friday and Cyber Monday, the actual biggest holiday sale of the year—Bath & Body

Seattle’s new self-driving regulations | Tableau CEO Mark Nelson steps down

Friday, December 2, 2022

Amazon exec Jeff Blackburn retiring | Starbucks vet leads NFT startup ADVERTISEMENT GeekWire SPONSOR MESSAGE: The GeekWire Gala is back: The Seattle tech community's stylish holiday party returns

How to sell your media business

Friday, December 2, 2022

Welcome! I'm Simon Owens and this is my media industry newsletter. If you've received it, then you either subscribed or someone forwarded it to you. If you fit into the latter camp and want to

☕ Let’s make a deal

Friday, December 2, 2022

Twitter's generous offers to advertisers. December 02, 2022 Marketing Brew TOGETHER WITH WeTransfer It's Friday. And Lindsay Lohan is shilling for “Pilk” (AKA Pepsi and milk) as part of the

Dec. 2 - YouTube Shares the Top Creators, Clips and Ads of 2022

Friday, December 2, 2022

LinkedIn Announces Expanded Roll-Out of New 'Focused Inbox' Format for InMail; TikTok Announces the Top European TikTok Ads of 2022; Reddit Announces 'Future Tellers' Marketing Insights

☕️ Going private

Friday, December 2, 2022

The rise of private 5G networks December 02, 2022 Emerging Tech Brew TOGETHER WITH SaaS Origin Stories Happy December. We made it to the last month of the year, the month in which the temperatures

GeekWire Gala: Last chance to purchase tickets for Seattle's favorite holiday party

Friday, December 2, 2022

GeekWire Gala: Last chance to purchase tickets for Seattle's favorite holiday party Last chance to purchase tickets for Seattle's favorite holiday party! The GeekWire Gala — the Seattle tech