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President Biden said Thursday that the United States has \u201creal differences with Beijing,\u201d one day after he held an hourslong meeting with President Xi Jinping of China at a moment of deep tension between the two countries.<\/p>\n
Speaking to executives at the APEC summit in San Francisco, Mr. Biden noted that he and Mr. Xi had agreed to resume military-to-military communication to \u201creduce the risk of miscalculation\u201d \u2014 a line that got a round of applause from the room.<\/p>\n
\u201cWe have real differences with Beijing,\u201d Mr. Biden said. \u201cWe are going to continue to address them with smart policies and strong diplomacy.\u201d<\/p>\n
Mr. Biden also stressed that a strong U.S. economy was helping the Indo-Pacific region. The president has been frustrated that positive news about the U.S. economy has not seemed to resonate with the public, so on Thursday he took the opportunity to tick through the numbers.<\/p>\n<\/div>\n<\/div>\n
The American economy grew by 4.9 percent last quarter. Unemployment has been under 4 percent for the past 21 months. Inflation has come down by 65 percent \u2014 with \u201cmore to do\u201d to lower it, he said.<\/p>\n
\u201cI acknowledge there\u2019s a disconnect between the numbers and how people feel about their place in the world right now,\u201d Mr. Biden said. \u201cWe can deal with the second part as well.\u201d<\/p>\n
In his remarks, Mr. Biden announced that American businesses had invested $40 billion into APEC economies this year, and he encouraged other leaders to enact labor protections for workers. On Thursday, he signed a presidential memorandum that detailed his administration\u2019s commitment to workers\u2019 rights globally, including plans to use trade enforcement actions to promote labor rights.<\/p>\n
The president participated in a planning lunch with leaders from other APEC economies, with topics including job creation, supply chain stability and clean energy. He told the group that \u201cthe impacts of climate change are being felt the most by those countries that contribute the least to the problem, including developing countries.\u201d Later, he promoted investments made under the Indo-Pacific Economic Framework for Prosperity agreement, a pact that aims to strengthen alliances and economic ties among the United States and its allies in East and South Asia.<\/p>\n
One portion of the planned agenda was missing: Earlier this week, the Biden administration pulled back on plans to announce the conclusion of substantial portions<\/a> of a new trade pact after several top Democratic lawmakers threatened to oppose the deal.<\/p>\n<\/div>\n<\/div>\n Mr. Biden joined the summit, a group of 21 economies that surround the Pacific Ocean, one day after a lengthy meeting with Mr. Xi. Besides the military agreement, the two agreed to work to regulate the production of compounds used to make fentanyl, a driver of the U.S. opioid epidemic.<\/p>\n Mr. Biden and his advisers say that time will tell if those agreements endure, and the first test came before Mr. Biden left the site of the summit. In a news conference with reporters on Wednesday, the president reaffirmed his belief that Mr. Xi is a dictator, which infuriated the Chinese over the summer when he first used the term.<\/p>\n \u201cWell, look, he is,\u201d Mr. Biden said. \u201cI mean, he\u2019s a dictator in the sense that he \u2014 he is a guy who runs a country that \u2014 it\u2019s a communist country that is based on a form of government totally different than ours.\u201d<\/p>\n Mao Ning, a spokeswoman for the Chinese foreign ministry, called Mr. Biden\u2019s comment \u201cextremely wrong.\u201d Still, at a dinner with American billionaires and executives held later Wednesday, Mr. Xi seemed intent<\/a> on presenting his country as a willing \u201cpartner and friend\u201d to the United States.<\/p>\n \u201cThe No. 1 question for us is: Are we adversaries or partners?\u201d Mr. Xi asked. \u201cChina is ready to be a partner and friend of the United States.\u201d<\/p>\n<\/div>\n<\/div>\n