After meeting with Xi, Biden says there "need not be a new Cold War" between U.S. and China

Washington — President Biden said Monday that he believes there shouldn't be concerns about a "new Cold War" between the United States and China and doesn't think there is "any imminent attempt" by China to invade Taiwan, following his first in-person meeting with Chinese President Xi Jinping since assuming the presidency.

The bilateral meeting between the leaders of the world's two largest economies took place on the sidelines of the Group of 20 summit in Indonesia, during which Mr. Biden said he wanted to make it clear to Xi that "I mean what I say, and I say what I mean."

"I absolutely believe there need not be a new Cold War. I've met many times with Xi Jinping and we were candid and clear with one another across the board," the president told reporters in Bali. "And I do not think there's any imminent attempt on the part of China to invade Taiwan. I made it clear that our policy on Taiwan has not changed at all. It's the same exact position we've had."