Biden says his administration successfully ‘managed’ frosty China relations to prevent outright conflict. Critics say he didn’t go nearly far enough.
Start-ups with Chinese ties have found it increasingly difficult to do business and list shares in the United States.
Chinese exports and investment in Mexico are quickly rising. The Trump team fears its neighbor could be used as a backdoor to the U.S. market.
In short, China must be taken seriously as a rival and a threat to U.S. national security in cyberspace and other domains.
Beijing vowed "no bullying or coercion" would hamper its development and vowed to take "resolute measures" to protect China's interests.
Biden's final foreign policy featured harsh rhetoric on China, as Washington embraces tough-on-China policies.
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors, apparel and industrial plastic.
Trump, who will be inaugurated next week, has threatened the EU with tariffs and his team has criticized the bloc for being weak on China. The manner in which the EU handles the dispute will present an early test of how the world approaches trade under the new administration in Washington and the resilience of the transatlantic relationship.
Elizabeth Economy is Co-Director of the US, China, and the World Project and Hargrove Senior Fellow at Stanford University’s Hoover Institution. From 2021 to 2023, she was Senior Adviser for China at the U.S. Department of Commerce. She is the author of The World According to China.
The U.S. Commerce Department said Wednesday it is imposing new export controls on biotechnology equipment and related technology because of national security concerns tied to artificial intelligence and data science.
The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has signaled the country should defend its currency.