Chinese President Xi Jinping expressed his commitment to working with the incoming U.S. administration under President-elect Donald Trump during his final talks with outgoing President Joe Biden. The two leaders met on the sidelines of the Asia-Pacific Economic Cooperation forum in Peru, where they discussed various issues including cybercrime, trade, Taiwan, and Russia.
Xi stated that China’s goal of a stable and healthy relationship with the U.S. remains unchanged and is ready to expand cooperation while managing differences with the new administration. Biden emphasized the importance of frank discussions, despite not always agreeing on issues. The talks come ahead of Trump’s assumption of office, who has promised tough trade measures against China, including 60% tariffs on Chinese imports.
Biden aims to lower tensions with China but is concerned about cyber attacks, pressure on Taiwan, and Chinese support for Russia. Taiwan’s growing ties with the U.S. have also irked Beijing. China views Taiwan as its territory, while the U.S. supports Taiwan militarily.
Additionally, China’s economy is feeling the impact of Biden’s trade policies, which restrict investment in certain sectors and impose export restrictions. Despite denials, China is accused of hacking, and tensions with the U.S. on various issues persist.
Xi’s diplomatic visit to Latin America demonstrates China’s growing influence in the region, especially in economic sectors like commodities. Chinese infrastructure investments are viewed skeptically by the U.S., who remains committed to the region. Xi’s visit aims to strengthen ties and attract investment, shifting the focus away from U.S.-China tensions.
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