Chinese President Xi Jinping said that China and Russia are to “lead the correct direction of global governance reform” in a partnership, according to state media CCTV.
CIA Director Bill Burns secretly visited Beijing to meet with Chinese intelligence officials, indicating growing concerns within the Biden administration about the deteriorating relations with China, and marking the highest-level trip by a Biden official to China.
Hillary Clinton criticizes House Republicans for using the debt ceiling as a political weapon, warning that it undermines the U.S.'s global credibility and plays into the hands of adversaries like Vladimir Putin and Xi Jinping, and warns of the potential danger of playing games with the debt ceiling to the U.S. dollar's pre-eminent position in the global economy.