Biden warned China's Xi on West's investment after Putin meeting, saying 'since Russia went into Ukraine, 600 American corporations have pulled out of Russia,' according to excerpts from a CNN interview
US President Joe Biden says he reminded Chinese President Xi Jinping that since Russia went into Ukraine, "600 American corporations have pulled out of Russia."There are heightened tensions and pessimism in the US-China relationship over multiple issues. / Photo: Reuters Archive
US President Joe Biden told Chinese President Xi Jinping following his meeting with Russia's Vladimir Putin to"be careful" because Beijing relies on Western investment, according to excerpts from an interview with US broadcaster"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.
Putin and Xi held two days of talks in March with warm words of friendship between China and Russia and joint criticism of the West, but no sign of a diplomatic breakthrough over Ukraine.There 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.
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