US will act to protect if China threatens its sovereignty, says Joe Biden
Joe Biden said that he is "committed to work with China where it can advance American interests and benefit the world".
Amidst growing tension with China over a suspected surveillance balloon, US President Joe Biden has said that the United States will act to protect if Beijing threatens its sovereignty.
"I am committed to work with China where it can advance American interests and benefit the world. But make no mistake: as we made clear last week, if China threatens our sovereignty, we will act to protect our country. And we did," Biden said in his State of the Union Address on Tuesday night.
The US military downed the suspected Chinese spy balloon over the Atlantic Ocean last week, drawing a strong reaction from China which on Sunday warned of repercussions over America's use of force against its civilian unmanned airship. The US has accused China of violating American sovereignty and international law.
"Let's be clear: winning the competition with China should unite all of us. We face serious challenges across the world. But in the past two years, democracies have become stronger, not weaker," he said in his second State of the Union Address before a Joint Session of the US Congress.
In his speech, which revolved around the theme of unity, Biden said two years into his administration, autocracies have grown weaker, not stronger.
"America is rallying the world again to meet those challenges, from climate and global health, to food insecurity, to terrorism and territorial aggression," he said in his address three months after Republicans took control of the House of Representatives.
"Allies are stepping up, spending more and doing more. And bridges are forming between partners in the Pacific and those in the Atlantic. And those who bet against America are learning just how wrong they are. It's never a good bet to bet against America," Biden said.
Mentioning China a dozen times in his speech, Biden said before he came to office, the story was about how China was increasing its power and America was falling in the world. "Not anymore. I've made clear with President Xi (Jinping) that we seek competition, not conflict," Biden said, amidst applause.
"I will make no apologies that we are investing to make America strong. Investing in American innovation, in industries that will define the future, and that China's government is intent on dominating. Investing in our alliances and working with our allies to protect our advanced technologies so they're not used against us," he said.
"Modernising our military to safeguard stability and deter aggression. Today, we're in the strongest position in decades to compete with China or anyone else in the world," he said.
Click Here For Latest Updates On Stock Market | Zee Business Live
WhatsApp’s guide to safe and private messaging - All you need to know
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
09:12 AM IST