Ian Bremmer's Quick Take: Hi, everybody. Ian Bremmer here and I. Happy post Labor Day to all of you. I'm in London for a very, very brief trip, but I wanted to talk a little bit about the G-20 summit coming up this weekend.

Big news to start, Xi Jinping is not coming. Why not? Lots of speculation, lots of news, lots of ink being spilled except for the fact that people should have known about this a while back. One, the Indian government had been informed at least a month ago that Xi Jinping wasn't planning on attending. And secondly, the Americans have been working on a meeting with Xi Jinping and Biden for months now at APEC in San Francisco in November, and that was widely expected to be the next time the two men would be in the same place at the same time.