A delegation of senior officials from the Biden administration is set to travel to Shanghai this week for high-level meetings aimed at stabilizing the economic relationship between the United States and China. This visit comes amid rising trade tensions between the two nations. The newly established U.S.-China Financial Working Group will convene to discuss key issues, including financial stability and the flow of fentanyl. This meeting marks the first direct engagement between U.S. and Chinese economic officials since China’s recent economic policy announcements at a major conference. The discussions are expected to address the ongoing challenges in the economic partnership and seek pathways for cooperation.