Photo: AFP

Topic

Joe Biden’s China policyi

US President Joe Biden has made it clear from the start that his administration will make China a policy priority, saying he expects “extreme competition” between the two countries. While Biden’s rhetoric is not as hawkish as that of his predecessor Donald Trump, his team is expected to continue a hard approach to China, albeit in greater consultation with US allies. Early signals from the Biden administration also reflect a focus on human rights in the relationship with China. 

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  • US banker and former treasury secretary meets Han and Chinese Foreign Minister Wang Yi who expressed wishes for ties to get back on track
  • ‘It is hoped that the United States will return to the rational and pragmatic track in its China policy’: Wang
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Citing economic and other aid New Delhi has given, foreign minister says country’s goals make it ‘different from all those whose rise preceded ours’.

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American leader extols ‘security, prosperity and dignity’ for Oceanic allies and partners in latest response to China’s decades-long inroads in region.

The Commerce Department imposed new trade restrictions on 11 Chinese and 5 Russian companies, accusing some of supplying components to make drones for Russia’s war effort in Ukraine.

As local unions and Taiwanese semiconductor giant negotiate elusive labour deal, some wonder who will benefit in US push for manufacturing primacy.

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The White House is hosting Pacific island leaders on Monday as Biden promises to take US engagement in region to ‘next level’ but there are notable absences from the meeting.

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At a summit in Shanghai, an academic has echoed some of his peers by recommending the dumping of US Treasuries – a move that they say would help ensure the safety of China’s overseas assets.

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The Silicon Valley company joins several other US investment firms, including Sequoia Capital, that have made similar moves under pressure in Washington.

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‘A small number of countries have arbitrarily imposed illegal and unilateral sanctions,’ vice-president says, using language often used to criticise Washington.

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‘Huge miscalculation’ if Beijing proceeded with trying to cut off the self-ruled island, senior US defence officials testify at House hearing.

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Han praises bilateral efforts aimed at ‘stepping up engagement’ and ‘working together’ as US side says to expect ‘follow-on senior engagements in the coming weeks’.

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‘This is yet another political farce staged by separatist forces for ‘Taiwan independence’ and some anti-China forces,’ China’s Ambassador to the UN Zhang Jun says.

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Legislation, which would establish the first US tax deal specifically for Taiwan businesses, supports US President Joe Biden’s goal of raising domestic chip manufacturing.

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Business representatives from California, Illinois and New York were on hand during the recent China International Fair for Investment and Trade in Xiamen despite increased scrutiny over Chinese investments by Washington.

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The US State Department said it expected China’s foreign minister and the US secretary of state to meet at next week’s UN General Assembly or after.

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The Indo-Pacific Economic Framework, the US president’s programme for the region, is failing as an alternative to trade deals China is offering, the Asia Society Policy Institute concludes.

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