Advertisement
Singapore markets close in 3 hours 23 minutes

  • Straits Times Index

    3,278.25
    -14.88 (-0.45%)
     

  • Nikkei

    37,627.66
    -832.42 (-2.16%)
     

  • Hang Seng

    17,249.57
    +48.30 (+0.28%)
     

  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     

  • Bitcoin USD

    64,203.40
    -2,514.47 (-3.77%)
     

  • CMC Crypto 200

    1,387.26
    -36.84 (-2.59%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Gold

    2,329.00
    -9.40 (-0.40%)
     

  • Crude Oil

    82.93
    +0.12 (+0.14%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • FTSE Bursa Malaysia

    1,570.29
    -1.19 (-0.08%)
     

  • Jakarta Composite Index

    7,157.23
    -17.30 (-0.24%)
     

  • PSE Index

    6,578.00
    +5.25 (+0.08%)
     

Biden: Democratic nations in a race to compete with autocratic governments

Reuters
·1-min read

NEWQUAY, England (Reuters) - Western democracies are in a race to compete with autocratic governments, U.S. President Joe Biden said on Sunday.

"We're in a contest, not with China per se, ... with autocrats, autocratic governments around the world, as to whether or not democracies can compete with them in a rapidly changing 21st century," Biden told a news conference at the conclusion of a Group of Seven leaders' summit in Britain.

On China specifically, Biden said: "I think you're gonna see just straightforward dealing with China.

"As I've told Xi Jinping myself, I'm not looking for conflict. Where we cooperate, we'll cooperate; where we disagree I'm going to state this frankly, and we are going to respond to actions that are inconsistent."

(Reporting by Steve Holland and Guy Faulconbridge, writing by William James; Editing by Kate Holton and Elizabeth Piper)