Here's your summary from Biden Under Pressure; Xi & Putin Hail Ties | Bloomberg: The China Show 7/4/2024 (https://www.youtube.com/watch?v=3uYIVIMPA3w) on the Bloomberg Television channel:

### TLDR:

President Biden faces pressure to abandon re-election bid as Democratic governors back him, while Xi Jinping and Putin discuss ties during talks on Ukraine.

### Key Points:

1. Asian stocks rise on weaker economic data supporting Fed rate cuts.

2. Biden under pressure to step aside after poor debate performance against Trump.

3. Kamala Harris emerges as a potential contender to challenge Trump in the election.

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