FirstFT: US and China to discuss nuclear arsenals
Joe Biden and Xi Jinping have agreed to hold talks aimed at reducing tensions, as US anxiety grows at China’s expanding nuclear arsenal and its recent test of a hypersonic weapon.
Jake Sullivan, US national security adviser, said the US and Chinese presidents had discussed the need for nuclear “strategic stability” talks in their virtual meeting on Monday. China has previously refused to hold nuclear talks, partly because the US has a much larger weapons arsenal.
“The two leaders agreed that we would look to begin to carry forward discussions on strategic stability,” Sullivan told an audience at the Brookings Institution in Washington.
The two sides did not decide on a format for the talks and the US wants to see if China will follow through on the pledge from Xi. The Chinese Embassy did not immediately respond to a request for comment.
During yesterday’s talk, Biden and Xi also held extensive discussions about Taiwan, but failed to establish any “guardrails” to ensure that tensions over the island do not escalate into a dangerous conflict.
How do you think the US and China can best improve relations? Tell me what you think at firstname.lastname@example.org. Thank you for reading FirstFT Asia. Here’s the rest of today’s news — Emily
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Australian central bank governor Philip Lowe said national price pressures were lower than the US and the UK — a sign that price increases in some economies are because of Covid-19, rather than a global shift towards high inflation.
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The day ahead
Australia trading update The Commonwealth Bank of Australia reports its first-quarter trading update today.
Anniversary of the Velvet Revolution Czech Republic and Slovakia will mark the 32nd anniversary of what is seen widely as a turning point leading to the collapse of communist regimes in eastern Europe.
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What else we’re reading and watching
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