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President Xi had a meeting with American CEOs who all gave him a standing ovation, whereas President Biden met with all the different world leaders of the entire region.  That says all you need to know about the Summit, explains Rahm Emmanuel. 

So nobody is under any illusion anymore.  China is desperate for American Investment.  They have made terrible decisions economically and politically.  “The coin of the realm for the United States – we have allies; we have friends, and they want to be aligned with us.”  The intellectual property theft and blindness to national security used to be “swept under the rug” by CEOs trying to get Chinese market share.  Those days are over.  Great interview with the forthright Rahm Emmanuel.