September 23, 2023 11:18 pm

Biden’s caution to China’s Xi after Putin encounter – RT World News

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US President Joe Biden has cautioned Chinese President Xi Jinping to be cautious about his visit to Moscow, expressing concerns about the impact it could have on Western investments. In an interview with CNN, Biden emphasized that he was not making a threat, but rather an observation about China’s reliance on European and US investments. He pointed out that since Russia’s intervention in Ukraine, 600 American corporations have pulled out of the country, highlighting the potential economic consequences.

During Xi’s visit to Moscow, he and Russian President Vladimir Putin signed agreements to deepen the strategic partnership and economic cooperation between the two countries. Both governments expressed their commitment to increasing trade volume to $200 billion or higher, with a focus on using national currencies in an effort to reduce dependence on the US dollar.

The conflict in Ukraine was also discussed during Xi’s visit, with China taking a neutral stance. Beijing has repeatedly criticized unilateral economic sanctions imposed by the West and has actively sought a peaceful resolution in Ukraine. In fact, China proposed a twelve-point peace plan and sent a special envoy to several countries, including Russia and Ukraine, to broker a resolution to the conflict.

Biden’s comments come at a time when US-China relations are already strained, with issues like Taiwan and security concerns in the Asia-Pacific region exacerbating tensions. In June, Biden referred to Xi as a “dictator” during a speech, causing a diplomatic incident. While Biden dismissed concerns that his comment would hinder efforts to improve relations, the Chinese embassy issued a formal protest, and the foreign ministry spokeswoman denounced it as an “open political provocation.”

These recent developments reflect the complex nature of the relationship between the US, China, and Russia. The US has been increasingly concerned about China’s growing influence and assertiveness in the Asia-Pacific region, which has led to tensions in areas such as trade, technology, and human rights. At the same time, Russia and China have been strengthening their ties, forming a closer strategic partnership that includes economic cooperation and mutual support in global affairs.

As the US seeks to navigate its relationship with both China and Russia, it is clear that economic considerations play a significant role. Biden’s warning to Xi about the impact of relations with Moscow on Western investments highlights the interconnectedness of global economies and the potential consequences of geopolitical tensions. It remains to be seen how these dynamics will evolve in the coming months and whether efforts to improve relations will be successful.

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Original Source: Biden’s caution to China’s Xi after Putin encounter – RT World News

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