China Didn't Want a Ukraine Invasion, Xi Tells Biden

The transcript discusses a White House briefing on a call between US and Chinese leaders, focusing on US warnings to China about supporting Russia militarily or financially. It highlights the differences in communication styles between the US and China, with the US being more direct. The economic implications of US-China relations are explored, emphasizing the importance of Western trade over Russian ties. Additionally, the potential for oil pricing in yuan and China's global currency ambitions are discussed.

What was one of the main warnings the US gave to China during the call?

• To increase trade with Russia

• To avoid military support to Russia

• To support Russia financially

• To condemn Russia publicly

How does the US perceive China's stance on the Russia-Ukraine conflict?

• China is condemning Russia

• China is maintaining a neutral stance

• China is openly supporting Russia

• China is indifferent to the conflict

What is a significant factor in China's trade decisions according to the transcript?

• The importance of Western economic relationships

• The need to diversify its energy sources

• The potential for new markets in Africa

• The size of its trade with Russia

What potential change in oil pricing is discussed in the transcript?

• Re-pricing oil in euros

• Re-pricing oil in rubles

• Re-pricing oil in dollars

• Re-pricing oil in yuan

What is one of China's aspirations in the global financial markets?

• To become the largest oil exporter

• To lead in technological innovation

• To become the world reserve currency

• To dominate the agricultural sector