President Biden Fires Back at China’s Global Ambitions
In a bold move at the White House, President Joe Biden declared that China won’t be able to outshine the United States. He promised to pour massive resources into tech and infrastructure so America stays ahead in the economic showdown.
His Key Message
- Biden talked about his past “deep dives” into conversations with Chinese President Xi Jinping, noting how the Chinese leader sees authoritarian rule as the future, not democracy.
- The president was clear: the U.S. won’t back down in a confrontation but will insist that China follows fair‑competition rules, respects trade norms, and upholds human rights.
- “China aims to become the richest, most powerful nation in the world,” Biden said, “but that’s not happening under my watch.”
Targeting Autocracy
He didn’t hold back on describing Xi and Russian President Vladimir Putin as part of the same “autocracy club.” “One of the guys, like Putin, thinks autocracy is the wave of the future,” Biden said, while hinting the world’s democratic way is too slow for today’s complexities.
Demonstrating Diplomacy
During a two‑hour press briefing in January, Biden affirmed that the U.S. remains peace‑seeking but will enforce China’s accountability over issues like Taiwan, Hong Kong, the South China Sea, and the treatment of the Uyghur minority.
Criticizing Human Rights
- He reminded Xi that if China keeps “blatantly violating human rights,” the U.S. will keep calling it out worldwide.
- Biden warned that a lack of accountability—as happened with the previous administration—could damage America’s credibility.
- “If a president lets it slide the moment you lose legitimate authority, that’s the moment we start losing credibility on a global scale,” he emphasized.
Investor’s Viewpoint
With a newly‑unveiled multi‑trillion‑dollar infrastructure proposal on the horizon, Biden vowed to invest in “promising new technologies”: quantum computing, artificial intelligence, biotechnology, and more.
- He aims to bring U.S. research spending up to roughly the 2% of GDP level from the 1960s, which currently sits at about 0.7%.
- He noted that China is spending three times more than the United States on infrastructure—so it’s time America steps up.
In short, Biden’s rallying cry is: Stay tough, stay techy, stay ahead. The United States is determined to keep its edge over China in the race for global supremacy.
