America is back, will take on challenges posed by china directly : Joe Biden

Washington : US President Joe Biden said on Thursday that the US would directly confront the challenges posed by China, but at the same time, would not shy away from working closely with Beijing in the interest of the country.

“We will fight economic exploitation by China, take punitive action to reduce China’s attack on human rights, intellectual property and global governance,” Biden said while addressing Foreign Ministry employees at the Foggy Bottom headquarters.

Giving an indication of how his administration’s policy regarding China would be, he said, “When it comes to the interest of America, we are also ready to work with Beijing. We will work to improve the situation within the country by working with our partners, reshaping our role in international institutions, reclaiming our credibility and moral authority.”

“That’s why we started working to restore US involvement on the international stage and get into a leadership position to catalyze global action on shared challenges,” said Biden. Prior to this, National Security Advisor Jake Sullivan told reporters that his priority was not to gain access to Goldman Sachs (investment banking) in China.

He said, “Our priority is to deal with China’s economic exploitation, which is affecting American jobs and American workers.”