Biden Tells China’s Xi That Competition Can’t Veer Into Conflict

US President Joe Biden and Chinese counterpart Xi Jinping meet ahead of the APEC summit. “We have to ensure that competition does not veer into conflict. And we also have to manage it responsibly,” Biden said as they began talks at an estate south of San Francisco. Biden and Xi Jinping kicked off their first meeting in more than a year on Wednesday, with hopes of repairing a relationship strained by economic competition and military and diplomatic missteps. “I’ve always found our discussions straightforward and frank,” Biden said to open their much-anticipated summit in California, acknowledging the difficult conversations ahead. “We have to ensure that competition does not veer into conflict. And we also have to manage it responsibly.” Xi called the US-China relationship “the most important bilateral relationship in the world.” -------- Subscribe to our YouTube channel: Subscribe to Bloomberg Originals: 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: Breaking News on YouTube: @BloombergQuicktakeNow Twitter: Facebook: Instagram: