(Reuters) -U.S. President Joe&nbsp;Biden&nbsp;told Chinese President&nbsp;Xi&nbsp;Jinping following his&nbsp;meeting&nbsp;with Russia's Vladimir&nbsp;Putin&nbsp;to "be careful" because Beijing relies on Western&nbsp;investment, according to excerpts from an interview with CNN.
"I said: This is not a threat. This is an observation,"&nbsp;Biden&nbsp;said.
"Since Russia went into Ukraine, 600 American corporations have pulled out of Russia. And you have told me that your economy depends on&nbsp;investment&nbsp;from Europe and the United States. And be careful. Be careful."
Putin&nbsp;and&nbsp;Xi&nbsp;held two days of talks in March with warm words of friendship between China and Russia and joint criticism of the West, but no sign of a diplomatic breakthrough over Ukraine.
The pair also participated in a virtual summit earlier this week.
There are heightened tensions and pessimism in the U.S.-China relationship over national security issues, including Taiwan, Russia's war in Ukraine, growing U.S. export bans on advanced technologies and&nbsp;China's&nbsp;state-led industrial policies.
U.S. Treasury Secretary Janet Yellen was continuing a visit to China on Saturday.
Asked what&nbsp;Xi's response was,&nbsp;Biden&nbsp;said: "He listened, and he didn't...argue. And if you notice, he has not gone full-bore in on Russia."
"So, I think there's a way we can work through this."
(Reporting by Costas Pitas; Editing by Sandra Maler and Leslie Adler)

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Biden warned China's Xi on West's investment after Putin meeting