Sat. Jun 15th, 2024

U.S. President Joe Biden meets with Chinese language President Xi Jinping at Filoli property on the sidelines of the Asia-Pacific Financial Cooperation (APEC) summit, in Woodside, California, U.S., November 15, 2023. 

Kevin Lamarque | Reuters

BEIJING — The U.S. and China have to decide on between being adversaries or companions, Chinese language President Xi Jinping advised American enterprise executives late Wednesday.

His remarks distinction with the Biden administration’s strategy of pursuing strategic competitors with Beijing — proscribing exports of superior U.S. tech to China, whereas on the lookout for areas of cooperation.

Xi was talking at a dinner in San Francisco following his assembly with U.S. President Joe Biden a number of hours earlier, on the sidelines of the Asia-Pacific Financial Cooperation convention.

“I’ve at all times had one query on my thoughts: Methods to steer the enormous ship of China-U.S. relations away from hidden rocks and shoals, navigate it by means of storms and waves with out getting disoriented, dropping pace and even having a collision?” Xi mentioned, in response to an English-language readout of his Mandarin-language speech.

China is able to be a accomplice and buddy of america.

Xi Jinping

President of China

“On this respect, the primary query for us is: are we adversaries, or companions? That is the elemental and overarching challenge,” he mentioned.

“The logic is kind of easy. If one sees the opposite aspect as a major competitor, probably the most consequential geopolitical problem and a pacing risk, it’ll solely result in misinformed coverage making, misguided actions, and undesirable outcomes,” Xi mentioned.

“China is able to be a accomplice and buddy of america,” he mentioned. “The elemental ideas that we observe in dealing with China-U.S. relations are mutual respect, peaceable coexistence and win-win cooperation.”

Practically 400 enterprise leaders — together with Apple CEO Tim Prepare dinner and Qualcomm CEO Cristiano Amon — authorities officers, U.S. residents and teachers attended the dinner, hosted by the U.S.-China Enterprise Council and the Nationwide Committee on U.S.-China Relations.

U.S Secretary of Commerce Gina Raimondo delivered remarks forward of Xi’s tackle.

In a roughly 30-minute speech, Xi mentioned China-led worldwide initiatives such because the Belt and Street are open to U.S. participation, whereas Beijing is able to be a part of U.S.-proposed multilateral cooperation initiatives.

“Regardless of how the worldwide panorama evolves, the historic development of peaceable coexistence between China and america is not going to change,” Xi mentioned.

Pandas returning to the U.S.

Relating to earlier conversations with Biden, Xi mentioned “we agreed to make the cooperation listing longer and the pie of cooperation greater.”

Xi mentioned China is able to invite 50,000 younger People to check within the Asian nation over the subsequent 5 years.

He additionally mentioned China would ship its big pandas to the San Diego Zoo. He didn’t specify a time.

Final week, the remaining three pandas within the U.S. on mortgage from Beijing returned to China on account of an expiring contract. China has lent pandas to international locations world wide as a diplomatic software.

China by no means bets towards america, and by no means interferes in its inside affairs.

Xi Jinping

President of China

Xi’s speech was titled “Galvanizing Our Peoples right into a Sturdy Pressure For the Explanation for China-U.S. Friendship.”

“It’s improper to view China, which is dedicated to peaceable improvement, as a risk and thus play a zero-sum sport towards it,” Xi mentioned. “China by no means bets towards america, and by no means interferes in its inside affairs.”

“China has no intention to problem america or to unseat it. As an alternative, we will probably be glad to see a assured, open, ever-growing and affluent United States,” he mentioned. “Likewise, america shouldn’t wager towards China, or intrude in China’s inside affairs. It ought to as an alternative welcome a peaceable, steady and affluent China.”

— CNBC’s Christina Wilkie and Eamon Javers contributed to this report.

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