President Joe Biden said he welcomed competition from China in a speech on Friday, asserting his belief that a global alliance in partnership with Europe would prevail.
“Competition with China is going to be stiff. That’s what I expect and that’s what I welcome,” Biden said.
The president delivered his first major foreign policy speech virtually from the White House to the Munich Security Conference on Friday.
He said that the “global system” created by Europe, the United States, and allies in the Into-Pacific could compete with China.
“You know, we must prepare together for long-term strategic competition with China,” he said.
Biden called for European leaders to be “clear-eyed” about historic levels of necessary spending to compete with China as well as protection of intellectual property.
“We have to push back against the Chinese government’s economic abuses and coercion that undercut the foundations of the international economic system,” he said.