According to President Biden, the US will keep up the pressure on the PRC by, among other things, investing in domestic resources of strength and cooperating with allies and partners throughout the globe.
Biden emphasized that the United States and China must manage the competition responsibly and keep lines of communication open, and that this competition should not degenerate into confrontation.
The two leaders talked about how crucial it was to create guidelines that would help them achieve these objectives and gave their teams instructions on how to do so.
The two leaders “instructed their teams to promptly follow up and implement common understandings reached between them, and take concrete actions to put China-U.S. relations back on the track of steady development,” according to Chinese Foreign Ministry spokeswoman Hua Chunying, who was present at the meeting.
According to Biden, the United States and China “need not engage in a new Cold War.” Xi appeared to concur, saying “China-U.S. ties should not be a zero-sum game where you lose and I win, and you rise and I collapse,” according to a readout from China’s official news agency.