China will 'eat our lunch,' Biden warns after clashing with Xi on most fronts

U.S. President Joe Biden and his Chinese counterpart Xi Jinping held their first telephone call as leaders and appeared at odds on most issues, even as Xi warned that confrontation would be a “disaster” for both nations.

While Xi has called for “win-win” cooperation, Biden has called China America’s “most serious competitor” and vowed to “out compete” Beijing.

On Thursday, Biden told a bipartisan group of U.S. senators at an Oval Office meeting to discuss the need to upgrade U.S. infrastructure that the United States must raise its game in...