"I’ve seen nothing in the plan that would indicate that there is something that would be beneficial to anyone other than Russia," Biden said in an interview with American media.
Earlier, China released a 12-point document titled "China’s Position on the Political Settlement of the Ukraine Crisis," promoting, among other things, respect of the sovereignty of all countries, the cessation of hostilities and the resumption of peace talks between Moscow and Kiev.
The Russian Foreign Ministry in response to the proposal said Russia values China's sincere desire to contribute to the peaceful settlement of the conflict in Ukraine.
Biden also said he does not anticipate a major initiative on the part of China providing weaponry to Russia. In addition, the US president said Crimea is a matter for Ukraine to decide.
In a clip of the same interview posted earlier in the day, Biden said Ukraine does not need F-16 fighter jets and, for now, was ruling out the possibility of Washington providing them to Kiev.
The Kremlin has repeatedly emphasized its readiness to negotiate, while the government in Kiev has ruled out any talks as long as Vladimir Putin remains President of Russia.