Biden warned China's Xi on West's investment after Putin meeting

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Mr Biden made these comments, according to excerpts from an interview with CNN. Read more at straitstimes.com.

to “be careful” because Beijing relies on Western investment, according to excerpts from an interview with CNN.“Since Russia went into Ukraine, 600 American corporations have pulled out of Russia. And you have told me that your economy depends on investment from Europe and the United States. And be careful. Be careful.”

Mr Putin and Mr Xi held two days of talks in March with warm words of friendship between China and Russia andparticipated in a virtual summitThere are heightened tensions and pessimism in the US-China relationship over national security issues, including Taiwan, Russia’s war in Ukraine, growing US export bans on advanced technologies and China’s state-led industrial policies.Asked what Mr Xi’s response was, Mr Biden said: “He listened, and he didn’t...argue.

 

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