A standoff over the island could put the two nations into a very dangerous situation, the Chinese leader has said

Chinese leader Xi Jinping has warned US President Donald Trump that a standoff over Taiwan could push the two countries into "a very dangerous situation," describing it as the single most important issue in bilateral relations.

Xi made the remarks on Thursday during a meeting with Trump at the Great Hall of the People - the first US presidential visit to China in nearly nine years. The trip is expected to revolve around the Iran war, trade disputes, AI rivalry, and tensions around Taiwan, a self-ruled island which China deems part of its sovereign territory.

"The Taiwan question is the most important issue in China-US relations," Xi said. "If it is handled properly, the bilateral relationship will enjoy overall stability. Otherwise, the two countries may clash or even come into conflict, pushing the entire China-US relationship into a very dangerous situation."

READ MORE: Trump-Xi summit begins in Beijing (VIDEOS)

Xi stressed that Taiwan's "independence" and cross-strait peace are "as irreconcilable as fire and water."

The Chinese leader also contemplated relations with the US in historical terms, wondering whether Washington and Beijing could overcome the 'Thucydides Trap' - the theory coined by Harvard scholar Graham Allison which describes the tendency toward war when a rising power threatens to displace an established one - and forge a "new paradigm of major-country relations."

Taiwan, which has been watching the summit with concern, fearful of potential concessions from Trump, pushed back, with cabinet spokesperson Michelle Lee claiming that "China's military threat is the sole source of insecurity in the Taiwan Strait and the broader Indo-Pacific region."

Washington acknowledges the One China policy, but has maintained strong ties with the Taiwanese government, having approved tens of billions of dollars in arms sales over the decades. The Trump administration has been no exception, and approved an $11 billion weapons package in December.

In February, however, the New York Times reported that Washington had put on ice an even bigger arms package - valued at approximately $13 billion - ahead of the Trump-Xi summit. The US president previously acknowledged that he would discuss weapons sales with his Chinese counterpart.

(RT.com)