US President-elect Joe Biden walks past tombstones after leaving the St Joseph on the Brandywine Catholic Church after attending Mass in Wilmington, Delaware, on Sunday. Photo: AFP US President-elect Joe Biden walks past tombstones after leaving the St Joseph on the Brandywine Catholic Church after attending Mass in Wilmington, Delaware, on Sunday. Photo: AFP
US President-elect Joe Biden walks past tombstones after leaving the St Joseph on the Brandywine Catholic Church after attending Mass in Wilmington, Delaware, on Sunday. Photo: AFP
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

Joe Biden’s path on China and US economic recovery is likely to be similar to Donald Trump’s

  • Many of the underlying issues that plagued the Trump administration remain, including US-China competition, national security concerns and populism
  • Biden’s relatively narrow victory with a divided Congress could still bode well for Asia if a more modest stimulus package passes after his inauguration

US President-elect Joe Biden walks past tombstones after leaving the St Joseph on the Brandywine Catholic Church after attending Mass in Wilmington, Delaware, on Sunday. Photo: AFP US President-elect Joe Biden walks past tombstones after leaving the St Joseph on the Brandywine Catholic Church after attending Mass in Wilmington, Delaware, on Sunday. Photo: AFP
US President-elect Joe Biden walks past tombstones after leaving the St Joseph on the Brandywine Catholic Church after attending Mass in Wilmington, Delaware, on Sunday. Photo: AFP
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Aidan Yao

Aidan Yao

Aidan Yao is senior emerging Asia economist at AXA Investment Managers. Prior to joining AXA IM, he was a senior financial market analyst at the Hong Kong Monetary Authority for two years. He started his career at the Reserve Bank of New Zealand in 2007, serving as an economist and later senior financial market analyst until late 2011. He holds a master degree in finance (2006) and a bachelor degree in economics and finance (2005) from the University of Otago (NZ). He is also a chartered financial analyst.