A virtual meeting between the presidents of China and the United States – Escambrai

The meeting, the first between the two leaders since Biden took office, will not yield tangible results, but will seek to set the terms for effective competition.

US President Joe Biden and his Chinese counterpart Xi Jinping have called for maintaining a stable bilateral relationship based on mutual respect, communication and cooperation.

In the virtual meeting between the two leaders, the US president insisted that they must work to avoid new conflicts and unfair competition.

The President of the White House, who also made it clear that the United States will defend its interests and values, said that it is our responsibility as leaders to ensure that our competition does not turn into an intentional conflict, but rather a simple competition. like its partners.

For his part, the Asian giant’s leader called on Washington to comply with international obligations and called for working together to advance the “noble cause of world peace and development.”

Xi stressed that a healthy and stable relationship is essential to promoting the development of the two countries and safeguarding a peaceful and stable international environment.

Likewise, he suggested joining forces to respond effectively to global challenges such as climate change and the COVID-19 pandemic.

In that first part of the dialogue that the press had access to, Biden also referred to those areas where Washington and Beijing differ, such as human rights, the economy and influence in the Indo-Pacific region.

This summit comes in the midst of the growing rivalry between the two largest powers in the world, where in recent years they have exchanged sanctions and accusations, sparing no harsh words.

A White House official told CNBC that the meeting, the first between the two leaders since Biden took office, will not yield tangible results, but will seek to set the terms for effective competition.