President Joe Biden says he’s warned his Chinese counterpart Xi Jinping that violating U.S. sanctions imposed on Russia for its invasion of Ukraine would be a “gigantic mistake” that may hurt investment in China.
In an interview with CBS on Sunday, Biden said that he spoke with Xi not long after the Chinese leader signed a “no limits” partnership with Russian President Vladimir Putin during the Beijing Winter Olympics in February.
“And I said that if you think that Americans and others were going to continue to invest in China based on your violating the sanctions that have been imposed on Russia, I think you’re making a gigantic mistake. But that’s your decision to make,” he said….