First published: Jackson Hole Economics, 02/12/20
Recently, President Trump signed an executive order, banning investments by US residents in thirty-one Chinese companies deemed to be aiding the modernization of the People’s Liberation Army and other security services. The prohibition, the latest in a series of financial measures taken against China, comes into effect on 11th January, just nine days before the inauguration of President-elect Biden. Quite what else Trump will do to add to Joe Biden’s China inbox before he leaves the White House is anyone’s guess, but the paramount long-term question is whether the US-China relationship will change under Biden? Read on….https://jheconomics.com/the-biden-agenda-for-us-china-relations/
