CHINAMacroReporter

Biden Starts Infrastructure Bet With U.S. Far Behind China

Even though he didn’t rely solely on the China challenge to justify his new American Jobs Plan; devoted to infrastructure and more, President Biden certainly he had China in his sights. Because as Jonathan Hillman, a senior fellow at the Center for Strategic and International Studies, wrote“The United States is entering what could be a decades-long competition in which economic and technological power will matter just as much, if not more, than military might.” “Starting this race with decaying infrastructure is like lining up for a marathon with a broken ankle.”
by

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Bloomberg

April 2, 2021
Biden Starts Infrastructure Bet With U.S. Far Behind China

Even though he didn’t rely solely on the China challenge to justify his new American Jobs Plan; devoted to infrastructure and more, President Biden certainly he had China in his sights. Because as Jonathan Hillman, a senior fellow at the Center for Strategic and International Studies, wrote

  • “The United States is entering what could be a decades-long competition in which economic and technological power will matter just as much, if not more, than military might.”
  • “Starting this race with decaying infrastructure is like lining up for a marathon with a broken ankle.”

And, you’ll find the most important Biden/China news:

  • U.S. tariffs will stay on China.
  • The USTR releases the‘2021 National Trade Estimate Report on Foreign Trade Barriers' this week, hitting China (see the excerpt on 'Made in China 2025, below).
  • And the Chinese reaction
  • Biden to ease rules on visits to Taiwan by U.S. officials - angering China.
  • Blinken keeps U.S. sanctions on Hong Kong.
  • Biden's first face-to-face meeting with a foreign leader: Japan's PM Suga, who is balancing the U.S. alliance with relations with Japan's biggest trading partner, China.

More

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