AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,629 Increased By 103 (1.37%)
BR30 24,842 Increased By 192.5 (0.78%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)
Print Print 2021-11-14

Biden, Xi to hold virtual summit tomorrow

  • Relations between China and US have recently deteriorated, in particular over Taiwan
Published November 14, 2021

WASHINGTON: US President Joe Biden will hold a hotly anticipated virtual summit with his Chinese counterpart Xi Jinping on Monday, with both sides indicating they will not give ground on flashpoint issues such as Taiwan.

Relations between the world's two largest economies have recently deteriorated, in particular over Taiwan, a self-ruling democracy claimed by China, which last month made a record number of air incursions near the island.

Washington has repeatedly signaled its support for Taiwan in the face of Chinese aggression, but the United States and China reached a surprise agreement on climate at a summit in Glasgow.

"The two leaders will discuss ways to responsibly manage the competition" between the two countries "as well as ways to work together where our interests align," White House Press Secretary Jen Psaki said in a statement Friday.

"Throughout, President Biden will make clear US intentions and priorities and be clear and candid about our concerns with the PRC," Psaki said, referring to Beijing by the acronym for the People's Republic of China.

Biden, Xi expected to hold virtual summit on Monday

The virtual talks will take place "in the evening" on Monday in Washington - meaning early Tuesday in Beijing, she announced. Biden and Xi have talked by phone twice since the veteran Democrat moved into the White House. The pair also met extensively when Biden was Barack Obama's vice president, and Xi was vice president to Hu Jintao.

Biden had hoped to meet Xi at a recent G20 summit in Rome, but the Chinese leader has not traveled since the start of the Covid-19 pandemic and instead agreed to virtual talks by the end of the year. "I've noted repeatedly, over the past 10 months, that the relationship with China is among the most consequential and also most complex that we have," US Secretary of State Antony Blinken said Friday.

"It has different elements in it - some cooperative, some competitive and others adversarial and we will manage all three at the same time." Chinese Foreign Minister Wang Yi and Blinken on Saturday had a preparatory phone call for the summit.

Wang told his counterpart that "the two sides should meet each other halfway" at the Xi-Biden meeting, the Chinese foreign ministry said. Wang also told Blinken that Washington should stop sending "incorrect signals" on Taiwan's status.

"Specific deliverables" were unlikely from the summit, White House spokeswoman Psaki said. Washington instead sees the meeting as a way of "setting the terms, in our view, of an effective competition."

Psaki told reporters: "The president is certainly not going to hold back on areas where he has concern."

She also said that the "intense competition" in the bilateral relationship required "intense diplomacy."

The US president has largely kept the tougher approach on Beijing of his predecessor Donald Trump, with both administrations considering a rising China to be the top challenge of the 21st century.

On Thursday, Biden signed into law a measure aimed at preventing companies such as telecom giant Huawei from getting new equipment licenses from US regulators, in Washington's latest effort to crack down on Chinese tech firms. Also on Thursday, Xi warned against a return to Cold War-era divisions, in remarks to a virtual business conference on the sidelines of the APEC summit.

"Attempts to draw ideological lines or form small circles on geopolitical grounds are bound to fail," he said. "The Asia-Pacific region cannot and should not relapse into the confrontation and division of the Cold War era." But the two countries, also the top two carbon emitters in the world, agreed this week to work together to accelerate climate action this decade.

Comments

Comments are closed.