Xi Jinping spoke with Joe Biden on the phone at Biden’s request

“President Xi Jinping stressed that the Taiwan question is the first red line that must not be crossed in China-U.S. relations. In the face of “Taiwan independence” separatist activities and external encouragement and support for them, China is not going to sit on its hands. He urged the U.S. side to translate President Biden’s commitment of not supporting “Taiwan independence” into concrete actions. 

The U.S. side has adopted a string of measures to suppress China’s trade and technology development, and is adding more and more Chinese entities to its sanctions lists. This is not “de-risking,” but creating risks. If the U.S. side is willing to seek mutually beneficial cooperation and share in China’s development dividends, it will always find China’s door open; but if it is adamant on containing China’s hi-tech development and depriving China of its legitimate right to development, China is not going to sit back and watch.”