Biden: "China Will Not Overtake Us in My Presence" (Update)
"Goal of Becoming a Leading Global Power"
"Conflict with China is a Competition Between Totalitarianism and Democracy"
"Xi Jinping Lacks the Framework of Democracy"
[Asia Economy New York=Correspondent Baek Jong-min] U.S. President Joe Biden said on the 25th (local time) that competition between the United States and China is intense, and that China will not become the world's strongest country in his lifetime. This statement goes a step further from merely predicting competition with China, showing a strong determination to win the competition against China.
In his first official press conference since taking office, President Biden said, "I see the competition with China as intense. China has an overall goal of becoming the leading country in the world, the wealthiest country in the world, and the most powerful country in the world."
President Biden continued, "That will not happen in my lifetime," emphasizing, "because the United States will grow and expand."
He also made remarks indicating that the U.S. will raise its voice while holding China accountable on issues such as the South China Sea, Taiwan, Hong Kong, and Xinjiang Uyghur. He pointed out, "The more China tries to hide (human rights abuses), the more the U.S. will expose them."
Regarding Chinese President Xi Jinping, Biden described him as "a smart person without a democratic backbone," and explained that he had told President Xi that he does not want confrontation with China. Nevertheless, he defined the current competition between the U.S. and China as a competition between totalitarianism and democracy.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- 'Bond King' Gundlach: "Rate Cuts Impossible... CPI Could Rise to 4%"
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
Meanwhile, President Biden also emphasized plans to invite the leaders of Japan, Australia, and India?members of the security alliance Quad?to Washington DC.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.