Business Maverick: Biden Calls Xi Over U.S. Frustration With Dead-End Talks

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President Joe Biden spoke by telephone with the Chinese leader Xi Jinping on Thursday night to underscore U.S. frustration with what the U.S. administration regards as a lack of seriousness in Beijing’s engagement with American officials to date.

“The two leaders had a broad, strategic discussion in which they discussed areas where our interests converge, and areas where our interests, values, and perspectives diverge,” the White House said in an account of the conversation, adding that “discussed the responsibility of both nations to ensure competition does not veer into conflict.”

Xi blamed disputes between the two sides on Washington, according to state broadcaster China Central Television, telling Biden that the “China policy adopted by the United States for some time has caused serious difficulties” in relations. He said China was ready to cooperate on issues ranging from the global economy to climate change, but that it needed to be done “on the basis of respecting each other’s core concerns.

The White House is still reviewing its overall China policy, including how to proceed with roughly $300 billion in tariffs facing Chinese imports and a trade agreement that was struck under the previous administration.

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