"US and China Need Mutual Respect, Peaceful Coexistence, Cooperation and Win-Win"
"US Must Stop Abusing National Security Concept and Targeting Chinese Companies"

[Image source=Yonhap News]

[Image source=Yonhap News]

View original image


[Asia Economy Reporter Kim Suhwan] The United States and China, while agreeing on the 'One China' principle regarding the Taiwan issue during the 'Summit of the Century,' engaged in a tense standoff over the solution.


U.S. President Joe Biden and Chinese President Xi Jinping held their first summit via video conference on the 16th (local time, June 15 U.S. time), engaging in intense exchanges for a total of 194 minutes, excluding breaks.


According to the White House and China's state-run Xinhua News Agency, President Biden stated, "The United States has consistently implemented the 'One China' policy over the long term and does not support Taiwan independence."


President Biden further emphasized, "We oppose any change to the status quo of Taiwan," and "We hope to maintain peace and stability in the Taiwan Strait and the region."


In response, President Xi warned, "We will be patient and do our utmost with sincerity to realize the vision of peaceful reunification, but if Taiwan independence and separatist forces provoke and even cross the red line, we will be compelled to take resolute measures."


President Xi stressed, "The true status of the Taiwan issue and the core of the One China principle is that there is only one China in the world, Taiwan is part of China, and the government of the People's Republic of China is the sole legitimate government representing China."


Ultimately, President Biden expressed opposition to changing the status quo of the Taiwan issue, i.e., unification by force, but President Xi implied that military unification could be pursued depending on Taiwan's attitude.


President Biden also stated, "The United States does not seek regime change in China, does not seek to oppose China through strengthening alliances, and makes it clear that it does not intend to clash with China."


President Xi said, "In the new era, China and the U.S. must adhere to three principles for coexistence: first, mutual respect; second, peaceful coexistence; and third, cooperation and win-win."


He added, "The Earth is big enough for China and the U.S. to develop together," emphasizing, "Let us not play a zero-sum game."


Regarding trade issues, President Xi stated, "The essence of China-U.S. economic and trade relations is mutual prosperity," and emphasized, "As the saying goes, businessmen only talk business; therefore, economic and trade issues between the two countries should not be politicized."


He also demanded, "The U.S. side must stop the abuse and expansion of the concept of national security and the targeting of Chinese companies."


President Xi emphasized, "China is still the world's largest developing country," and "We must address climate change and ensure people's livelihoods simultaneously."


President Xi described China and the U.S. as "two large sailing ships navigating the seas," adding, "To sail together through storms, the two countries must firmly hold the helm and strive to avoid course deviations, loss of momentum, or collisions."





This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing