This episode is sponsored by Nexo.ioChainalysis and FTX US.

U.S. President Joe Biden is slated to talk with Chinese President Xi Jinping later this week. In the background lurks growing tensions around House Speaker Nancy Pelosi’s potential visit to Taiwan next month. On today’s episode, NLW looks at the big issues behind these headlines that are shaping both the U.S. and China’s response to growing tensions.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Lintao Zhang/Getty Images, modified by CoinDesk. Join the discussion at