US to address China’s unfair economic practices, revitalise partnership with India, says Biden
Addressing China’s unfair economic practices, promoting peace and stability in the Taiwan Strait and strengthening partnerships with key allies like India are some of the priorities, US President Joe Biden said on Friday in his State of the Union address.
Biden said the US wants competition with China, but not conflict. He told Americans on Thursday that the country is in a stronger position to win the competition for the 21st Century against Beijing.
Biden also emphasised that while the US seeks healthy competition with China, it does not desire conflict. He assured Americans that the country is better positioned to succeed in the 21st-century competition against Beijing.
“We are standing up against China’s unfair economic practice, standing up for peace and stability across the Taiwan Strait but revitalising our partnership with allies and the Pacific, India. Australia, Japan, South and Korea,” he said.
“For years, all I’ve heard from my Republican friends and so many others is that China’s on the rise and America is falling behind. They’ve got it backwards. America is rising,” he said.
The US has the best economy in the world, Biden said in his third State of the Union Address to the Congress which was watched by millions of Americans Thursday night.
“Since I’ve come to office, our GDP is up. And our trade deficit with China is down to the lowest point in over a decade,” he said “I’ve made sure that the most advanced American technologies can’t be used in China’s weapons. Frankly, for all his tough talk on China, it never occurred to my predecessor to do that,” Biden said.