President Joe Biden shed light on the potential repercussions of China’s economic downturn on its geopolitical strategies, notably concerning Taiwan.
The remarks were made during his visit to Vietnam on Friday, which followed the G-20 leaders summit held in India, Bloomberg reported.
During a press conference in Hanoi, Biden shared his observations on the economic hurdles China is currently navigating. The president attributed them to a myriad of factors, including stagnated international growth and the nation’s own policies.
Biden suggested that the economic constraints could lessen China’s aggressive postures towards Taiwan, saying, “I don’t think it’s going to cause China to invade Taiwan, matter of fact the opposite, probably doesn’t have the same capacity as it had before.”
The president pinpointed the forthcoming Asia-Pacific Economic Cooperation summit in San Francisco as a potential ground for dialogue.
Addressing the escalating tech rivalry between the U.S. and China, Biden touched upon the latter’s recent move to potentially prohibit the use of iPhones by its state-owned enterprises.
He also reiterated his stance against facilitating China in enhancing its nuclear or defense capabilities.
“I’m not going to sell China material that would increase their capacity to make more nuclear weapons or engage in defense activities,” Biden said.
Biden’s remarks came amidst Huawei’s introduction of a smartphone equipped with technology that the U.S. has been striving to restrict in China, raising doubts over the effectiveness of U.S. regulatory measures.
The president emphasized his commitment to fostering a transparent relationship with China, devoid of any containment strategy.
“I don’t want to contain China, I just want to make sure that we have a relationship with China that is on the up and up, squared away, everybody knows what it’s all about,” he said.
According to the report, Biden also acknowledged the efforts undertaken by U.S. cabinet members, including Commerce Secretary Gina Raimondo, to foster dialogue with their Chinese counterparts.
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