U.S. President Joe Biden and his Chinese counterpart Xi Jinping will meet Monday evening in a virtual format, the White House said, while tamping down expectations of any "major deliverables" coming out of their first bilateral summit amid tense relations between the two countries.The two leaders, who have talked twice over the phone since Biden became president, will discuss ways to "responsibly manage the competition" between the United States and China, as well as ways to work together where their interests align, White House Press Secretary Jen Psaki said in a statement Friday."Througho…READ FULL ARTICLE