US leader Joe Biden is stepping up efforts to reduce economic dependence on China, which will eventually lead to a "complete separation" between Washington and Beijing.

APA reports that Bloomberg reported on this.

"Investors are concerned that the growing tension over Beijing's stance against Russia and Taiwan could accelerate the process of economic isolation," the material said.

It is also noted that Washington is carefully watching Chinese leader Xi Jinping's every step during his meeting with Russian President Vladimir Putin.