the chinese commerce minister wang wentao is expected to meet the us trade representative katherine tai wang is scheduled to meet ms tai on the sidelines of the apec ministerial gathering scheduled for the 25th and 26th of may in detroit. the expected engagement comes after us presidentjoe biden said at the g7 summit in hiroshima this past weekend that the focus is on de—risking confrontations with china, not de—coupling. in this context, de—risking is meant to be a slightly more moderate approach to reducing reliance on trade ties with china while protecting national interests and technological advances. earlier, i spoke to frank lavin, chief executive of export now and a former us ambassador to singapore. he told me any meeting between the officials would be a good gesture. i think it is an important gesture, and a useful meeting, but businesses are all recalibrating their china exposure, in part because of the political tensions, and in part because chinese economic growth is slowing down a bit, but, look, it is still the number two market in the world, so our businesses have to take