Xi’s Olive Branch to Trump Comes With Warning on Red Lines

  • Chinese leader warns against fighting a ‘new Cold War’
  • Beijing waiting to see whether Trump will impose 60% tariffs
WATCH: Biden and Xi greeted each other and delivered remarks on US China relations on the final day of the APEC Forum in Peru. Source: Bloomberg
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Xi Jinping used his final meeting with Joe Biden to send a clear message to Donald Trump: China wants to be friends, but is ready for a fight if necessary.

With Biden set to leave the White House in January, China’s leader took Saturday’s meeting as a chance to spell out his approach toward Trump. That entails finding a way for the world’s two biggest economies to get along, with Xi emphasizing that the US and China shouldn’t fight a “new Cold War,” and a conflict between them isn’t inevitable.