As leaders of more than 20 economies around the Asia-Pacific region are gathering in San Francisco, economic growth has become the focus of the meeting. Closely related to that topic is the upcoming summit between Chinese President Xi Jinping and his U.S. counterpart Joe Biden. What can we expect out of San Francisco? How does U.S. strategic competition affect the economic performance in the region? Are we going to see the relationship between Beijing and Washington stabilized or improved?