There is NO doubt that China is using whatever means it can to gain as much control and growth over trade and technology….
Donald Trump as the political leader of the West and head of the largest economy tried to jawbone things ‘with’ China’s leader ….
When that did Not work?
He tried trade fee’s…..
THAT has NOT worked either….
But Trump lost interest in foreign affairs in the end of his time in office….
With a new President for America who IS an internationalist, who had been in the top of the American government for 8 years only 4 years ago?
China knows that amateur hour is over…..
Biden will unite with Europe to counter China…
Not be divided like under Trump….
Chinese leader Xi Jinping on Monday warned new U.S. President Joe Biden not to marshal Europe into an alliance against Beijing, saying that any attempt to freeze China out of global trade and technology networks risked reigniting the Cold War.
Xi’s virtual address to the World Economic Forum comes as China is making a show of power and setting out its red lines to the new American leader. Over the weekend, Taiwan reported a large incursion by Chinese bombers and jet fighters for two days in a row.
While Biden’s team has called for the formation of an alliance of democracies to confront China’s economic model, Xi cautioned against the dangers of such an approach….
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The prospect of greater transatlantic collaboration in relation to Beijing has prompted China to make some pre-emptive moves, most prominently by offering EU countries unprecedented market access in a comprehensive investment agreement last month.
Shortly after Biden won the U.S. presidential election in November, the EU proposed teaming up with his administration to squeeze China out of the global technology trade.
The European Commission subsequently proposed a “Transatlantic Trade and Technology Council” to set joint standards on new technologies, in a bid to prevent China from establishing economic dominance across a number of high-value sectors by developing its own widely used technological and industrial standards…