Biden told Xi after Putin meeting: Be careful, your economy depends on Western investment

FILE PHOTO: U.S. President Joe Biden meets with Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. REUTERS/Kevin Lamarque/File Photo

(Reuters) - U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia's Vladimir Putin earlier this year to "be careful" as Beijing relies on Western investment, according to excerpts from an interview to CNN.

"I said: This is not a threat. This is an observation," Biden said.