Xi Tells Biden US-China Relationship Is 'Most Important in the World'

The China-US relationship is “the most important bilateral relationship in the world,” Xi told Biden in an opening speech. “For two large countries like China and the United States, turning their back on each other is not an option,” Xi said. “It is unrealistic for one side to remodel the other and conflict and confrontation has unbearable consequences for both sides.” Biden acknowledged the difficult conversations ahead. “I’ve always found our discussions straightforward and frank,” he said in his opening remarks. “We haven’t always agreed, which was not surprised anyone, but our meetings have always been candid straightforward and useful.” “We have to ensure that competition does not veer into conflict. And we also have to manage it responsibly,” Biden added. -------- Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to Bloomberg Originals: https://www.youtube.com/BloombergTV Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake