President Xi Jinping warns of disaster if Sino-US relations sour
President calls for new thinking as China and US begin two-day talks on issues of mutual concern
President Xi Jinping has warned of disastrous consequences if China and the United States fail to contain their conflicts.
He also said the process of forming a new type of relationship between the two nations was unprecedented, and some setbacks may occur.
If we are in confrontation, it would surely spell disaster for both countries
Xi called on both sides to correctly judge the strategic intentions of the other when he set the tone for Sino-US ties at yesterday's opening of the annual Strategic and Economic Dialogue, which was overshadowed by a series of disagreements.
"If we are in confrontation, it would surely spell disaster for both countries and for the world," Xi said as he called on the two sides to break the old pattern of rivalry between an emerging and a developed power.
"How China and the US perceive each other's strategic intentions will have a direct bearing on the policies they adopt and the development of bilateral relations," he said. "One can ill afford a mistake on fundamental issues, a mistake that may possibly ruin the whole undertaking."
US Secretary of State John Kerry and Treasury Secretary Jacob Lew are holding talks with State Councillor Yang Jiechi and Vice-Premier Wang Yang during the two-day dialogue. Topics to be covered include North Korea's nuclear programme, reforms to the yuan's exchange rate mechanism and China's territorial disputes.
Xi said the interests of the two nations were intertwined and steps should be taken towards establishing a "new type of relationship between major countries".
