Biden Holds Highest-Level Talks with China in Months, Says Economic Woes Make Taiwan Invasion Less Likely
U.S. President Joe Biden met with Chinese Premier Li Qiang on Sunday at the G20 summit in New Delhi, the highest level talks between the two countries in nearly 10 months.
Biden said the talks were “not confrontational at all” and that they discussed stability and the Southern Hemisphere. He also said that he believes China’s economic woes make it less likely to invade Taiwan.
“I don’t think this is going to cause China to invade Taiwan,” Biden said. “As a matter of fact, the opposite, probably doesn’t have the same capacity that it had before.”
The Chinese economy is facing a number of challenges, including a property slump, weak consumer spending, and tumbling credit growth. Li has said that China should achieve its 2023 growth target of around 5%, but some analysts think that a worse-than-expected slowdown is possible.
Biden’s comments on Taiwan are significant because they suggest that the United States is not taking the threat of a Chinese invasion lightly. However, he also said that he is “sincere about getting the relationship right” with China.
The two countries have been engaged in a number of disputes in recent years, including over trade, technology, and human rights. However, they have also made some progress in recent months, such as agreeing to a truce in their trade war.
It remains to be seen whether the latest talks between Biden and Li will lead to a lasting thaw in relations between the two countries. However, the fact that they were able to meet and discuss a range of issues is a positive sign.
In addition to the economic issues, Biden also raised concerns about China’s recent moves to curb the use of U.S.-designed Apple iPhones by state employees. He said that these moves amounted to trying to “change some of the rules of the game” on trade.
The talks between Biden and Li were the latest in a series of high-level exchanges between the two countries. In recent months, the two sides have also held talks on climate change and nuclear nonproliferation.
It remains to be seen whether these talks will lead to a breakthrough in any of these areas. However, they do suggest that the two countries are at least willing to engage in dialogue. This is a positive development, as it could help to reduce tensions and avoid conflict.
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