Biden Begins Talks with Xi Jinping to Ensure US-China Competition Does Not Escalate into Conflict (Summary)

[Image source=Yonhap News]

[Asia Economy Reporter Jeon Jinyoung] U.S. President Joe Biden and Chinese President Xi Jinping began their first face-to-face summit on the 14th (local time).

President Biden and President Xi met at 5:36 PM (local time) at The Mulia Hotel in Bali, Indonesia, where the G20 summit is being held, exchanging light hugs and handshakes before starting the talks.

In his opening remarks, President Biden said, "The United States and China have the responsibility to manage differences so that competition does not turn into conflict."

He continued, "Both countries have the responsibility to find ways to cooperate on urgent global issues," emphasizing the need for joint responses to problems such as climate change and food shortages.

President Xi responded, "U.S.-China relations must find the right direction," adding, "We are ready to have candid discussions with the United States on strategic issues."

The two leaders are meeting for the first time in about 22 months since President Biden took office in January last year. The talks are expected to cover the situation on the Korean Peninsula, where tensions have escalated due to the possibility of North Korea's nuclear tests, as well as opinions on the Taiwan issue.

Previously, including the summit in November last year, President Biden and President Xi communicated five times via video conferences and phone calls up until July.

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