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The Chinese head has warned the US president against trying to hold back the country’s economic progress
Chinese President Xi Jinping has laid out four sets of limits that the US should not cross, for a balanced and wholesome relationship between the two countries.
He stressed that Beijing aims to cultivate a “steady, wholesome, and eco-friendly” relationship with Washington, during a meeting with US President Joe Biden at the Asia-Pacific Economic Cooperation forum (APEC) in Lima, Peru on Saturday.
“As two major countries, neither China nor the United States should seek to remodel the other according to one’s own will, suppress the other from the so-called ‘position of strength,’ or deprive the other of the legitimate right to progress so as to maintain its leading status,” Xi said.
He warned against attempting to hold back China’s economic progress.
“A recent Cold battle should not be fought and cannot be won. Containing China is unwise, unacceptable, and bound to fail.”
The Chinese head stressed it is crucial for the two countries to treat each other as equals.
Xi acknowledged that while differences between major powers are inevitable, it is essential to respect certain core interests.
The Taiwan question, democracy and human rights, China’s path and system, and China’s progress right are four red lines for China. They must not be challenged. These are the most crucial guardrails and protection nets for China-US relations.
Beijing and Washington can make considerable progress if they “treat each other as partner and friend,” and avoid “vicious competition,” Xi said.
The US officially follows the One-China rule, recognizing Taiwan as part of China despite its self-governance since 1949. However, it engages with Taiwan, sells arms, and pledges military assistance against possible Chinese attacks, which China sees as a violation of its sovereignty.
China is ready to work with the incoming administration of President-elect Donald Trump, the Chinese head said.
In the course of his poll initiative, Trump vowed to pursue an aggressive protectionist rule aimed at securing US economic interests, especially against China.
During his first presidency, Trump engaged in a trade battle with China, with both countries imposing tariffs and sanctions. The Biden administration has continued what Trump began in his first term, slapping tariffs on billions of dollars’ worth of Chinese imports in September.
The last meeting between the two leaders took place at the 2023 APEC summit in San Francisco, following the Chinese spy balloon incident. In that four-hour discussion, Biden left initial and subsequently called Xi a “dictator” for the second time during a updates conference.
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