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 searching for areas of cooperation.
Xi was talking at a dinner in San Francisco following his assembly with U.S. President Joe Biden a couple of hours earlier, on the sidelines of the Asia-Pacific Financial Cooperation convention.
“I’ve all the time had one query on my thoughts: Tips on how 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 velocity 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 companion and buddy of the US.
Xi Jinping
President of China
“On this respect, the primary query for us is: are we adversaries, or companions? That is the basic and overarching situation,” he mentioned.
“The logic is kind of easy. If one sees the opposite aspect as a main competitor, probably the most consequential geopolitical problem and a pacing risk, it should solely result in misinformed coverage making, misguided actions, and undesirable outcomes,” Xi mentioned.
“China is able to be a companion and buddy of the US,” he mentioned. “The basic ideas that we observe in dealing with China-U.S. relations are mutual respect, peaceable coexistence and win-win cooperation.”
Almost 400 enterprise leaders — together with Apple CEO Tim Cook dinner and Qualcomm CEO Cristiano Amon — authorities officers, U.S. residents and lecturers 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 handle.
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.
“Irrespective of how the worldwide panorama evolves, the historic pattern of peaceable coexistence between China and the US won’t 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 larger.”
Xi mentioned China is able to invite 50,000 younger Individuals to check within the Asian nation over the subsequent 5 years.
He additionally mentioned China would ship its large 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 attributable to an expiring contract. China has lent pandas to nations all over the world as a diplomatic software.
China by no means bets towards the US, and by no means interferes in its inner affairs.
Xi Jinping
President of China
Xi’s speech was titled “Galvanizing Our Peoples right into a Robust Power For the Reason for China-U.S. Friendship.”
“It’s unsuitable to view China, which is dedicated to peaceable growth, as a risk and thus play a zero-sum recreation towards it,” Xi mentioned. “China by no means bets towards the US, and by no means interferes in its inner affairs.”
“China has no intention to problem the US or to unseat it. As an alternative, we will likely be glad to see a assured, open, ever-growing and affluent United States,” he mentioned. “Likewise, the US shouldn’t guess towards China, or intervene in China’s inner affairs. It ought to as a substitute welcome a peaceable, secure and affluent China.”
— CNBC’s Christina Wilkie and Eamon Javers contributed to this report.
