President Biden will work to strengthen U.S. ties with Asian nations on Thursday on the Asia-Pacific Economic Cooperation summit, in the future after he held an hourslong assembly with President Xi Jinping of China at a second of deep pressure between the 2 international locations.
When he speaks to executives on Thursday morning and through later planning conferences, he’ll announce that American companies have invested $40 billion into APEC economies this 12 months, and he’ll encourage different leaders to enact labor protections for employees, in response to Mike Pyle, the deputy nationwide safety adviser for worldwide economics.
“The president has spent nearly three years now strengthening our economic foundations at home and building our alliances and partnerships across the Indo Pacific,” Mr. Pyle instructed reporters on Thursday morning. “President Biden will make it absolutely clear that the United States will continue to engage both diplomatically and economically in this critical region made clear while this matters for the American people.”
The president may also take part in a planning lunch with leaders from different APEC economies, and the subjects will embody job creation, provide chain stability and clear power. One portion of the deliberate agenda can be lacking: Earlier this week, the Biden administration pulled again on plans to announce the conclusion of considerable parts of a brand new commerce pact after a number of prime Democratic lawmakers threatened to oppose the deal.
“In the weeks and months ahead, we expect to continue putting shoulders against that effort,” Mr. Pyle stated.
Mr. Biden joins the summit, a gaggle of 21 economies that encompass the Pacific Ocean, a day after a prolonged assembly with Mr. Xi that noticed the 2 leaders comply with restart military-to-military communications and work to control the manufacturing of compounds used to make fentanyl, a driver of the U.S. opioid epidemic.
Mr. Biden and his advisers say that point will inform if these agreements endure, and the primary take a look at got here earlier than Mr. Biden left the positioning of the summit. In a information convention with reporters, the president reaffirmed his perception that Mr. Xi is a dictator, which infuriated the Chinese over the summer season when he first used the time period.
“Well, look, he is,” Mr. Biden stated. “I mean, he’s a dictator in the sense that he — he is a guy who runs a country that — it’s a communist country that is based on a form of government totally different than ours.”
Mao Ning, a spokeswoman for the Chinese international ministry, referred to as Mr. Biden’s remark “extremely wrong.” Still, at a dinner with American billionaires and executives held later Wednesday, Mr. Xi appeared intent on presenting his nation as a prepared “partner and friend” to the United States.
“The No. 1 question for us is: Are we adversaries or partners?” Mr. Xi requested. “China is ready to be a partner and friend of the United States.”