Biden and Xi set 1st virtual summit for early next week

2 leaders will discuss ways to 'responsibly manage the competition'

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Chinese President Xi Jinping shakes hands with then-U.S. Vice President Joe Biden at the Great Hall of the People in Beijing on Dec. 4, 2013.  © Reuters

Nikkei staff writers

NEW YORK -- President Joe Biden and Chinese President Xi Jinping will hold their first virtual summit on Monday evening, U.S. time, to discuss cooperation and competition, White House press secretary Jen Psaki said in a statement Friday.

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," the statement said, referring to China by its official name, the People's Republic of China.

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