Biden China policy will differ little from Trump's: Indian expert
THE Biden administration has given clear signals that it will maintain a tough stance against China in terms of future trade and tariffs and will target abusive trade practices by Beijing, reports New Delhi's Sunday Guardian
22 December 2020 - 19:00
China's trade worries are not confined only to the US, faced as it is with hard diplomatic posturing from Australia, which is its largest trading partner.
China and Australia have been at odds since Australian Prime Minister Scott Morrison called for an independent international investigation into the origins of the coronavirus pandemic.
Beijing has slammed Australia for blocking a recent agricultural deal, its barring of Chinese tech giant Huawei from its 5G network and legislation outlawing foreign interference in Australia's domestic politics.
Global business and trade experts and some, who have a direct interest in US-China and India-China, say: 'The tough policies against China are here to continue, especially from the US, as President-elect Biden will not ??lower the guard against China to provide any ammunition to the Republicans'.' And this comes from a common perception binding nations from America to Australia - China is a threat.
Said US-India Strategic Partnership Forum CEO Mukesh Aghi: 'A consensus between the Democrats and Republicans is that China is a strategic threat. Biden has no choice but to pursue a tougher policy. His style will not be to go alone but build a coalition of nations across Asia and Europe to counter China.'
Mr Aghi said the biggest lobbyists for China in the US were US companies with large investments in China.
'We are seeing dissipation of that support by the US companies. They have become wary of Chinese government insisting on joint ventures with local partners, forced transfer of IP etc.
'We are seeing a stealth shift of global supply chain from China into other geographies. US companies are getting more vocal in US against Chinese aggressive policies.'
This news 2539 hits received.