China-US relations: how will the Biden effect reshape globalisation?
- Experts and business executives in China see a US led by a Joe Biden administration as offering positive possibilities
- If the US joins back in on global climate, trade and health conversations there will be more opportunities for China and America to collaborate
China has not yet officially acknowledged Biden’s victory and Beijing has not sent formal congratulations because Trump is seeking to overturn the results by filing lawsuits in different states. However, analysts are discussing the ramifications and possible positive implications for Beijing.
“Under a Biden administration, the US is likely to promote” a host of reversals of Trump actions on the global stage, said Wang Huiyao, president of the Centre for China and Globalisation (CCG) think tank.
“The moves will provide China and the US, the two important countries in the globalisation process, with more dialogue and cooperation channels concerning energy saving and emission reduction, economic and trade cooperation, epidemic prevention and control, and strengthens global communication and collaboration,” Wang said.