February 24, 2024

New Malaysia Times

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US-China competition should not veer into conflict, says Biden

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JAKARTA, Nov 15 — The United States-China competition should not veer into conflict, President Joe Biden said underscoring that the two nations must manage the competition responsibly and maintain open lines of communication.

Biden and Chinese leader Xi Jinping discussed the importance of developing principles that would advance these goals and tasked their teams to discuss them further.

The meeting was held on Monday in Bali ahead of the G-20 summit where both leaders spoke “candidly about their respective priorities and intentions across a range of issues,” according to a White House readout of Biden’s remarks.

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Biden explained the US will continue to compete vigorously with China, including by investing in sources of strength at home and aligning efforts with allies and partners around the world.

He underscored that “the US and China must work together to address transnational challenges, such as climate change, global macroeconomic stability including debt relief, health security, and global food security, because that is what the international community expects.”

The leaders agreed to empower key senior officials to maintain communication and deepen constructive efforts on these and other issues, the readout said, adding that the US Secretary of State Antony Blinken will visit China to follow up on their discussions.

The three hour-talk also welcomed ongoing efforts to address specific issues in US-China bilateral relations, and encouraged further progress in these existing mechanisms, including through joint working groups.

NMT as reported by Bernama