(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.

“Since Russia went into Ukraine, 600 American corporations have pulled out of Russia. And you have told me that your economy depends on investment from Europe and the United States. And be careful. Be careful.”

(Reporting by Costas Pitas; Editing by Sandra Maler)

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