Xi Jinping Signals Readiness To Work With Biden Amid US-China Differences: 'Mutual Respect, Peaceful Co-existence And Win-Win Cooperation'

Chinese President Xi Jinping on Wednesday said China is willing to cooperate with the U.S. despite ongoing differences between the two nations.

What Happened: According to state-owned media, Xi, in a letter delivered at an annual dinner of the New York-headquartered National Committee on United States-China Relations, expressed that the establishment of the “right” way for the U.S. and China to coexist is essential for the world at large, Reuters reported.

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Emphasizing the principles of “mutual respect, peaceful co-existence and win-win cooperation,” the Chinese president’s call for more stable bilateral ties comes ahead of a significant visit by Chinese Foreign Minister Wang Yi to Washington later this week.

Why It Matters: This forthcoming trip, during which Wang will be the highest-ranking Chinese official to engage in person, is seen as a precursor to a potential meeting between U.S. President Joe Biden and Xi at the November Asia-Pacific Economic Cooperation (APEC) summit in San Francisco.

Despite the intense competition and disagreements on an array of issues, Washington’s primary objective is to prevent these differences from escalating into conflict. Chinese observers are hopeful that Wang’s visit will set the stage for the anticipated meeting between the two heads of state, but they insist that Washington needs to demonstrate its sincerity and address Beijing’s concerns, China’s state-controlled Global Times wrote in a commentary.

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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.