Biden said he did not intend to apologize for his decision to shoot down a Chinese balloon

According to him, Washington wants to compete, but not to conflict with Beijing.

“We are not looking for a new cold war.

But I will not apologize, and we will compete, ”RIA Novosti quotes him.

Earlier, the US Department of Commerce imposed sanctions on six Chinese entities, which, according to US authorities, contribute to the development of the country's aerospace industry, including the creation of balloons.

The Pentagon said the United States is allowing for a review of its China strategy as it learns new data on Chinese balloon activity.