Biden sees no need for ‘a new Cold War’ with China after three hour meeting with Xi Jinping

President Joe Biden speaks during a news conference on the sidelines of the G20 summit meeting, Monday, Nov. 14, 2022, in Bali, Indonesia.

There is no need for a new Cold War between the U.S. and China, according to the president.

Despite escalating rhetoric and aggressive military moves by the P.R.C. in the Taiwan Straits, Biden thinks there is no imminent attempt by China to invade Taiwan.

The much anticipated meeting between Biden and his counterpart took place on the sidelines of the G20 meeting.

They agreed to send diplomats and cabinet members from their administrations to meet with each other in person to resolve pressing issues, according to Biden.

It was the first face-to-face meeting between Biden and Xi since the U.S. president was elected in 2020 and it appeared to represent a significant thaw in relations between Washington and its biggest strategic competitor.

The conversation was candid and constructive according to a statement from Beijing's Ministry of Foreign Affairs.

The two leaders were prepared to take concrete actions to put China-U.S. relations back on track after reaching important common understandings.

US President Joe Biden (L) and China’s President Xi Jinping (R) meet on the sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on November 14, 2022.

Russia has become Russia's economic lifeline in the wake of sanctions that cut off Moscow's trade relations with most of the world's major democracies.

Biden said after the meeting that the threat of nuclear weapons is unacceptable.

Russian President Putin has repeatedly suggested that Russia's use of a nuclear weapon in Ukraine would be within its rights, the first time in 70 years that a nuclear power has seriously threatened deployment of an atomic weapon.

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