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Chinese Foreign Minister Wang Yi. Photo: Greg Baker - Pool/Getty Images

Chinese Foreign Minister Wang Yi in a speech on Sunday warned the U.S. against getting involved in China's "internal affairs," saying that "both sides need to abide by the principle of non-interference," CNBC reports.

Why it matters: Biden has promised a hardline approach with China. Tensions between the U.S. and China had heightened for years under the Trump administration.

What he's saying: Wang called for the U.S. to “remove all its unreasonable restrictions on bilateral cooperation as early as possible” and “not create new obstacles,” per CNBC, though he did not specify what the restrictions are.

The foreign minister also urged the U.S. not to cross an “insurmountable red line” by undercutting China's claim to Taiwan, according to AP. The democratically ruled island which split off from the mainland in 1949.

  • Wang said the Chinese government “has no room for compromise,” on Taiwan, adding that the Biden administration should “completely change the previous administration’s dangerous practices of crossing the line and playing with fire."
  • “It is important that the United States recognizes this as soon as possible, otherwise, the world will remain far from tranquil.”

Yes, but: Wang said the two countries could cooperate on issues like the economic recovery from the coronavirus pandemic. He pointed to a two-hour phone call between Biden and Chinese President Xi Jinping earlier this year as a sign that the nations could rebuild their relationship.

  • “We’re ready to work with the United States to follow through on the outcome of this important phone call and set China-U.S. relations on a new path of healthy and steady growth,” he said.

Go deeper

FAA clears more planes after 5G fears

Photo: David McNew/Getty Images

The Federal Aviation Administration said Thursday it had approved nearly 80% of the U.S. commercial fleet to perform low-visibility landings at airports with new 5G services after fears of signal interference limited 5G rollout.

Why it matters: The FAA approvals will help provide more certainty after the agency raised fears that 5G signals could reduce the accuracy of certain equipment, known as radio altimeters, that helps planes land and take off in inclement weather.

Dan Primack, author of Pro Rata
3 hours ago - Economy & Business

Peloton stock tanks on report of production halt

Illustration: Aïda Amer/Axios

Peloton stock fell by as much as 25% on Thursday, following a CNBC report that the connected fitness company will temporarily halt production on its bikes and treadmills.

Why it matters: Peloton is viewed by many as a proxy for consumer behavior in the pandemic era, as its popularity surged when gyms closed and people wanted to exercise at home.

Updated 3 hours ago - Politics & Policy

Omicron dashboard

Illustration: Brendan Lynch/Axios

  1. Health: Omicron pushes COVID deaths toward 2,000 per day — The pandemic-proof health care giant.
  2. Vaccines: No evidence that healthy children, teens need boosters, WHO says — Starbucks drops worker vaccine or test requirement after SCOTUS ruling — Kids' COVID vaccination rates are particularly low in rural America.
  3. Politics: Biden concedes U.S. should have done more testing — Arizona says it "will not be intimidated" by Biden on anti-mask school policies.
  4. World: American Airlines flight to London forced to turn around over mask dispute — WHO: COVID health emergency could end this year — Greece imposes vaccine mandate for people 60 and older.
  5. Variant tracker