Many applauded the Biden-Xi meeting, but one strategist is skeptical about what it means for trade

Craig Allen, the president of the US-China Business Council, emphasized that any dialogue is better than none at all. “We’ve been calling for an advanced dialogue for a long time and a three-and-a-half hour dialogue is a great start,” he said. “Talking is much better than not talking.” Allen also emphasized the significance of the public response from the respective countries on the bilateral talks. “There’s also a domestic political element to this as well in both countries,” said Allen. “Both leaders were speaking to each other but also to their domestic audiences.”