Biden, Like Trump, Will Deepen Integration With China
Over the past four years, economic ties between Beijing and the rest of the world have only strengthened. That’s likely to continue.
Been there. Done that. Got the t-shirt.
Photographer: Tim Rue/Bloomberg
To look at the politics of it, you might think that four years of President Donald Trump’s trade war on China were just starting to bear fruit as he prepares to leave office.
Japanese Prime Minister Yoshihide Suga used his first foreign tour since taking office to visit Vietnam and Indonesia, notably China-skeptical allies, and push for a strengthening of bilateral supply chains that would avoid the region’s 800-pound gorilla. Taiwan’s President Tsai Ing-wen, who has been pursuing a similar policy, used a major investment by Microsoft Corp. last month to encourage allies to “re-imagine supply chains”: