Biden, Xi to hold 'virtual meeting' to discuss U.S.-Chinese competition, cooperation

U.S. President Joe Biden and Chinese President Xi Jinping will hold a virtual meeting on Monday in which Biden will reportedly "make clear" the current U.S. position on the communist country's global activities. 

The two leaders "will discuss ways to responsibly manage the competition between the United States and the PRC, as well as ways to work together where our interests align," White House Press Secretary Jen Psaki said in a statement on Friday.

"Throughout, President Biden will make clear U.S. intentions and priorities and be clear and candid about our concerns with the PRC," Psaki added. 

Administration officials on Friday told media that the discussion "is not about seeking specific deliverables or outcomes" but is rather "about setting the terms of an effective competition where we are in the position to defend our values and interests and those of our allies and partners."