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18.11 - 15:21
Xi says China is ready to work with U.S. on condition of 'mutual respect'
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cnbc.comBEIJING — Ahead of an expected virtual meeting with U.S. President Joe Biden, Chinese President Xi Jinping said the country is willing to work with the U.S. — on condition of mutual respect.
Beijing typically uses the term «mutual respect» in calling for more favorable communication with the U.S.
«Right now, China-U.S. relations are at a critical historical juncture,» Xi said, according to a letter addressed to the National Committee on U.S.-China Relations, a New York-based non-profit.
«Both countries will gain from cooperation and lose from confrontation,» Xi said in the letter.«Cooperation is the only right choice.»
Biden and Xi are set to hold a virtual meeting as soon as next week, Reuters reported a few hours ahead of the letter's
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