President Joe Biden will meet with his Chinese counterpart Xi Jinping on the sidelines of the East Asia Summit in Bali, Indonesia, on Monday.
This will be the first meeting between the two leaders since Biden became President.
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Political News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.