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US, China seek to cool tensions

WASHINGTON, D.C.: The United States and China are the two global economic heavyweights. Combined, they produce more than 40 percent of the world's goods and services.

So when Washington and Beijing do an economic battle, the rest of the world suffers, too. And when they hold a rare high-level summit, as Presidents Joe Biden and Xi Jinping will this week, it can have global consequences.