Chinese President Xi Jinping has met U.S. President Joe Biden in San Francisco. The two held a candid and in-depth dialogue. President Xi noted that the world is big enough for both China and the U.S. to succeed. The Global Chair of PwC, one of the big four international accounting firms, Bob Moritz, says that the Chinese and U.S. governments should de-escalate tensions, demonstrate a willingness to trade and finally allow technocrats to take the reins on communicating with their counterparts. These steps will ensure that both nations benefit from a fruitful relationship.