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Biden says warned Xi of investor fallout if China backs Russia's war

President Joe Biden said he warned his Chinese counterpart Xi Jinping of damage to the investment climate if Beijing violated sanctions imposed by a coalition of countries against Russia over its invasion of Ukraine, the AFP reported, the al-Arabiya English said.
In an excerpt of an interview with CBS due to air Sunday, Biden said he told Xi that violating the sanctions would be a “gigantic mistake,” but said that so far there is no indication that China has actively supported the Russian war effort with weapons sales.
Biden said he delivered the warning in a phone call shortly after Xi met with Putin at the Beijing Winter Olympics on February 4 and expressed support for the Kremlin leader.
“I called President Xi -- not to threaten at all, just to say to him... that if you think Americans and others will 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,” Biden said.

“Thus far, there's no indication they put forward weapons or other things that Russia has wanted,” Biden said.
The US president also dismissed the notion that the Chinese-Russian alliance effectively means the United States is fighting a new kind of Cold War.
Xi Jinping tells Putin Beijing is willing to work with Moscow as 'great powers'
“I don't think it is a new, more complicated, Cold War,” he said.
Russia invaded its pro-Western neighbor Ukraine on February 24, resulting in ongoing devastation of cities and towns across much of the country.
Source: alarabiyaenglish
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BENEFIT Sponsors Gulf Uni...
- April 17, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.
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