Joe Biden

The 46th President of the United States
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Democratic politician Joe Biden becomes the 46th President of the United States of America having served as the 47th vice-president of the United States under Barack Obama from 2009 to 2017.

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Stung by the Afghan war, the US will turn isolationist after a century of globalisation. This will cost the world its economic growth and, more importantly, put peace at risk.
Discussions with veteran White House insider John Kerry put the ball firmly in Washington’s court regarding deteriorating relations and the growing need for diplomacy.
China’s propaganda organs are portraying the US withdrawal from Afghanistan as another sign that its influence is waning. But, the reverse might end up being the reality.
SCMP ColumnistRobert Delaney
The catastrophic failure of American might against a ragtag opponent relying on Mao Zedong-style tactics has given Beijing a propaganda coup – and much to think about, writes Wang Xiangwei.
SCMP ColumnistWang Xiangwei
While both China and the US are driven by different domestic concerns, neither can ignore the geopolitical impact of their regulation of corporate giants, and investors must remain alert.
Xi Jinping had more contact with other world leaders than his American counterparts until Covid-19 struck, but his absence may now give the US an advantage
Washington’s ban may cause some near-term supply chain disruption for solar panels. But with Beijing’s carbon neutrality goal, solar and wind energy manufacturing and installation can only accelerate in China.
Despite the heated rhetoric, the competition between the US and China is not between two political and economic systems. The challenges each faces in economic development are similar, as are the levers each has at their disposal to improve the lives of their citizens.
While the dollar outlook has been cloudy in the recent years, it is fighting back, thanks to tougher interest rate tightening expected from the Fed and a brighter political climate under US President Joe Biden.
The recent agreement by 131 jurisdictions to reform international corporate taxation is not the end of the road. To bring about a more equitable outcome, developing countries must now push for a higher global minimum tax rate and refuse mandatory arbitration.
Despite their differences, both the US and China will rely on consumer-led recovery to forge stronger growth in the next few years. Keeping consumers upbeat is vital, and a return to austerity should be avoided at all costs.
A meeting between the US and Russian presidents legitimises Putin’s embattled regime, say critics of Biden.
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