China's Xi says country is ready to work with US on 'win-win cooperation' amid tensions - Market News
Home » China’s Xi says country is ready to work with US on ‘win-win cooperation’ amid tensions
Us China

China’s Xi says country is ready to work with US on ‘win-win cooperation’ amid tensions

China's Xi says country is ready to work with US on 'win-win cooperation' amid tensions

Chinese President Xi Jinping said he is willing to working with the United States on condition of mutual respect as an expected virtual meeting with President Biden approaching, according to reports.

The meeting could take place as early as next week, according to Reuters.

“Right now, relations between China and the US are at a historically critical point. Both countries will benefit from cooperation and lose from confrontation. Cooperation is the only right choice,” Xi wrote in a letter read by Chinese Ambassador Qin Gang at the New York National Committee on US-China Relations’ annual gala, CNBC reported. The commission is a non-profit organization dedicated to improving relations between China and the US. It was broadcast live to China on Tuesday evening in New York, Wednesday morning in Beijing.

This combination image shows US President Joe Biden in Washington, Nov. 6, 2021, and Chinese President Xi Jinping in Brasília, Brazil, Nov. 13, 2019. (AP Photo/Alex Brandon, Eraldo Peres)
(AP Photo/Alex Brandon, Eraldo Peres)

PENTAGON, CONGRESS ALWAYS CONCERNED ABOUT CHINESE MILITARY RISE

Xi continued“According to the principles of mutual respect, peaceful coexistence and win-win cooperation, China stands ready to work with the United States to improve exchanges and cooperation across the board.”

Biden and Xi last spoke in September.

“This discussion, as President Biden made clear, was part of the United States’ ongoing effort to responsibly manage competition between the United States and the People’s Republic of China,” a White House readout of the call said. “President Biden underlined the United States’ continued interest in peace, stability and prosperity in the Indo-Pacific and the world and the two leaders discussed the responsibility of both countries to ensure competition does not turn into conflict.”

CLICK HERE TO GET THE FOX NEWS APP

Relations between China and the US have been tense in recent years, worsened by the coronavirus pandemic, trade difficulties and allegations of the genocide of Uyghur Muslims in the Xinjiang region.

No date has yet been set between Xi and Biden, according to Reuters.