What we’re watching Wednesday

BY newsdesk  December 4, 2013 at 9:54 AM EST

Biden in China appeals for restraint
Vice President Joe Biden’s visit to China comes as regional tensions run high over Beijing’s new air defense zone in contested waters of the East China Sea.

Biden met with Chinese President Xi Jinping Wednesday to urge for restraint when enforcing the new defense policy

Tapes of school shooting in Newtown to be released
News organizations will be able to review recordings of 911 calls from the December 2012 shooting at Sandy Hook Elementary School in Newtown, Conn.

Obama set to deliver remarks on income disparity
Amid public doubts over his stewardship of the economy, President Barack Obama is putting a renewed focus on the income gap between rich and poor as he pushes for short-term congressional action and begins setting the domestic agenda for the remainder of his presidency.

The president is scheduled to give that speech at 11:15 a.m EST at the Center for American Progress in Washington.

European Union fines banks for rigging rates
The European Commission, the EU’s anti-trust regulatory body, has fined eight banks 1.7 billion euros for rigging interest rates that determine the cost of lending.