In the op-ed, Biden also said that a two-state solution is the only solution to the enduring conflict in the region and that, in the meantime, there should be governance under Palestinian Authority
APEC leaders have worked together to find ways to build inclusive, resilient, and sustainable economies for the Asia Pacific, US President Joe Biden said on Friday at the conclusion of the annual leadership summit here. Attended by leaders from the Asia Pacific region, including those from China, Japan, South Korea, Chile, Peru, Indonesia, Malaysia, Vietnam, and Hongkong, the APEC Leadership Summit was hosted by the US president. The next summit will be held in Peru in 2024. Together we laid out the work we'll be undertaking to avert the worst impacts of the climate crisis, Biden said. The US companies have announced more than USD 500 billion in investments into APEC economies to build new subsea cables, decarbonise energy grids, and complete the largest US airline expansion into the South Pacific in history, Biden said. Alongside 13 of APEC partners, we've also made historic progress on the Indo-Pacific Economic Framework, with a first of its kind agreements to strengthen supply .
The two-step plan, a victory for House Speaker Mike Johnson, received bipartisan support in both chambers. It establishes new shutdown deadlines in January and February
President Joe Biden on Thursday signed a temporary spending bill a day before a potential government shutdown, pushing a fight with congressional Republicans over the federal budget into the new year, as wartime aid for Ukraine and Israel remains stalled. The measure passed the House and Senate by wide bipartisan margins this week, ensuring the government remains open until after the holiday season, and potentially giving lawmakers more time to sort out their considerable differences over government spending levels for the current fiscal year. Biden signed the bill in San Francisco, where he is hosting the summit of Asia-Pacific Economic Cooperation economies. The spending package keeps government funding at current levels for roughly two more months while a long-term package is negotiated. It splits the deadlines for passing full-year appropriations bills into two dates: January 19 for some federal agencies and Feb. 2 for others, creating two dates when there will be a risk of a ..
At the meeting, Biden also said he would keep working to advance a Pacific trade pact, even as his vision for a regional deal to counter China's influence stumbled over his bid to strengthen workers'
After a display of rare bonhomie at their meeting on Thursday, US President Joe Biden and his Chinese counterpart Xi Jinping have fiercely courted investments from the leaders and CEOs attending the Asia-Pacific summit to entice foreign capital. Facing a doubting task of reviving a once buoyant economy with the steady outflow of foreign companies and supply chains Xi, in his address at the APEC CEO summit in San Francisco pledged to tear down foreign investment barriers and promised to invite foreign capital with "heart-warming" measures. "No matter how the international situation evolves, China's resolve to foster a market-oriented, law-based and world-class business environment will not change, Xi said in written remarks to the Asia-Pacific Economic Cooperation (APEC) CEO Summit on Thursday. China's policy of providing equal and quality services to foreign investors will not change, he said. We will strive to tear down the barriers to the flow of innovation factors, deepen reform
The US has taken China's Institute of Forensic Science off the Commerce Department's entity list, paving for the fentanyl deal with Xi in a bid to deal with drug overdose crisis in the US.
President Joe Biden on Thursday made America's case to national leaders and CEOs attending the Asia-Pacific summit that the United States is committed to high standards in trade and to partnerships that will benefit economies across the Pacific. We're not going anywhere, he declared. Fresh off his meeting with Chinese President Xi Jinping, Biden also told business leaders that the U.S. was de-risking and diversifying but not "decoupling from Beijing. But he did not mince words in suggesting the U.S. and friends in the Pacific could offer businesses a better option than China. He also noted that U.S. economies had invested some $50 billion in fellow Asia-Pacific Economic Cooperation economies in 2023, including in clean energy technologies, aviation and cybersecurity. This is not all kumbaya but it's straightforward," Biden said. We have real differences with Beijing when it comes to maintaining a fair and level economic playing field and protecting your intellectual property. Biden
The summit meeting restoring in-person talks between President Joe Biden and his Chinese counterpart Xi Jinping here seems like a breakthrough and is reflective of a subtle but noticeable shift in the power dynamics between two countries that have spent most of the past few years denouncing, undercutting and imposing sanctions on each other, the US media said. Biden and Xi met on Wednesday on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco. During their 4-hour-long meeting, they reached agreements on China taking action on fentanyl, resumption of military-to-military communications and the start of discussions on artificial intelligence. When President Biden met President Xi Jinping on Wednesday on the edges of Silicon Valley, there was a subtle but noticeable shift in the power dynamic between two countries that have spent most of the past few years denouncing, undercutting and imposing sanctions on each other, The New York Times reported a day after
Fentanyl was behind the majority of overdoses that killed a record 110,000 Americans in 2023
Secretary of State Antony Blinken has said the US will continue to say things that China doesn't like, as he defended President Joe Biden's remarks wherein called his Chinese counterpart Xi Jinping a "dictator". Biden called Xi a "dictator", just hours after they met for the first time in more than a year and held candid and productive discussions to revive bilateral ties on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco on Wednesday. When pressed on whether Biden's comments were the position of the US government, Blinken responded that the president "speaks for all of us", CBS News reported. "Well, it's not exactly a secret that we have two very different systems," the commercial broadcast television quoted Blinken as saying. "And the president always speaks candidly, and he speaks for all of us." "We will continue to say things and continue to do things that China doesn't like, just as I assume that they will continue to do and say things that we
The 14 Indo-Pacific Economic Framework (IPEF) members have reached a consensus on three crucial initiatives on supply chains, clean energy transitions and the clean economy which would drive them to the top on standards, transparency, inclusivity and innovation, US President Joe Biden has said. The IPEF comprises Australia, Brunei, Fiji, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, Vietnam and the United States. It was launched in May 2022 at the initiative of Biden. India was represented by Commerce and Industry Minister Piyush Goyal for the event. Put simply, my colleagues and I are driving a race to the top among nations and in the Indo-Pacific, driving nations to the top on standards, transparency, inclusivity and innovation," Biden said on Thursday in his remarks at a special event he hosted for IPEF nations. "And together, we're going to be forging a better future, one where workers get a fair shot and a fair share of the .
Experts say new steps China has agreed to will eventually reduce the flow of the deadly opioid fentanyl into the US, but that alone will not stem the overdose crisis killing Americans at a record rate. President Joe Biden and Chinese President Xi Jinping announced at a meeting Wednesday in California that China is telling its chemical companies to curtail shipments to Latin America and elsewhere of the materials used to produce fentanyl, which is largely finished in Mexico and then smuggled into the US. China has also resumed sharing information about suspected trafficking with an international database. It's a step in the right direction because not doing this would be negligent, said Adam Wandt, an associate professor of public policy at John Jay College of Criminal Justice. If this is a diplomatic option that we did not take, every fentanyl death over the next decade would be on our heads. But he and others described the steps as necessary in addressing the overdose crisis in th
After four hours of talks on Wednesday, the US and Chinese presidents offered a glimpse of just how hard it's going to be to manage their relationship away from that course.
Expressing concern that the issue of Tibet did not come up during the Joe Biden-Xi Jinping meeting, the International Campaign for Tibet has urged the US president to press Beijing to return to direct dialogue with the representatives of the Tibetan people. "Xi's meeting with President Biden takes place at a critical moment as the Chinese leader has ruthless control in Tibet, including intensive securitisation of the Tibetan Plateau and unprecedented Sinification of the Tibetan people. It is most important to raise these concerns directly with President Xi, the International Campaign for Tibet said in a statement. Tibetans, Uyghurs, and many other groups, including the Chinese people themselves, have been denied the freedom to raise their grievances and seek redress from the Chinese government. Xi and his officials must hear their voices too, and the Biden administration has an opportunity to push them to listen, it said. In particular, President Biden should press Beijing to return
President Joe Biden has said that he is working with the US Congress to dramatically increase international climate financing while asserting that the world stands at an inflection point. In his address to a select group of world leaders at the APEC informal dialogue and working lunch on Thursday, Biden said every economy is seeing signs of what's to come -- droughts, floods, rise in sea levels and temperatures, and unpredictable weather patterns -- if action is not taken. Our world stands at an inflection point, a point where the decisions we make now are going to determine the course of the world, not just a few of our countries, for the next several decades of consequence, Biden said. Nowhere is that more true than when it comes to climate. Every economy around this table faces this challenge, every one of us. And as I've said before, it's the only existential threat to humanity. We either get this right or there's not going to be a whole lot of people around to talk about it. A
A day after meeting his Chinese counterpart Xi Jinping, US President Joe Biden said his intent is to responsibly manage America's relationship with China. I'm also intent on responsibly managing the competition between the United States and the People's Republic of China, as we talked a little bit about yesterday, President Xi and I. That's what the world expects of us and I promise you that's what we're doing, Biden told a gathering of chief executives in his address to APEC CEO Summit on Thursday. A day earlier, Biden had a four-hour-long meeting with Xi. I met with Xi yesterday, leader to leader, to make sure there's no miscommunication between us. As always, I've met with them more than any other world leader because when I was vice president, it was concluded that I should get to know him. It was inappropriate for the president of the United States to be meeting with the vice president, he said. The US president said his discussions with Xi have always been candid and ...
Biden held a solo news conference after four hours of talks with Xi on the outskirts of San Francisco
Biden-Xi talks yield modest outcomes
Chinese President Xi Jinping has invited his US counterpart Joe Biden to take part in his pet global initiative the BRI and expressed his readiness to take part in the Washington-backed multilateral cooperate initiatives. The Belt and Road Initiative (BRI) initiated by Xi in 2015 in which China is reported to have invested over a USD trillion has been widely criticised by the US, India and other countries as several countries including Sri Lanka and Pakistan, its biggest beneficiaries, reeled under mounting debt burden. The US, India and many of the EU countries are not part of the BRI. On the sidelines of the G20 Summit in New Delhi in September, Prime Minister Narendra Modi along with President Biden and other world leaders launched the India-Middle East-Europe Economic Corridor (IMEEC) to connect India, the Middle East and Europe with railways, shipping lines, high-speed data cables and energy pipelines. In his four-hour-long meeting with Biden on Wednesday on the sidelines of t