With President-elect Joe Biden’s Cabinet members slowly emerging, the new US administration has clearly shown its intention to shake hands with allies to deal with China.
|US President-elect Joe Biden. Photo: Shutterstock|
Coalition dealing with China
President-elect Joe Biden earlier this week announced his intention to nominate Antony Blinken as Secretary of State. If approved by the US Senate, Mr. Blinken – an official trained in France and Deputy Foreign Minister under President Barack Obama will become a key figure in Mr. Biden’s policy towards China.
“What Mr. Blinken has done throughout his career has built relationships with America’s allies,” said Isaac Stone Fish, a senior fellow at the nonprofit Asia Society, on CNBC. “The above selection partly shows that Mr. Biden will almost certainly fulfill his promise of re-attracting US allies,” Mr. Fish added.
Many analysts expect the US, by working with other countries, to create more leverage in its negotiations with China. Under President Donald Trump, the United States has shifted from the Obama era’s approach to engaging in Beijing to a tough stance focused on reducing its trade deficit with China.
The administration of President Donald Trump has imposed tariffs on billions of dollars worth of goods imported from China and used similar tactics on other important trading partners such as Mexico and the EU. Immediately before the Covid-19 pandemic, China and the United States reached a temporary armistice in January 2020 by signing a phase 1 trade agreement and, notably, China’s increased purchases. American chemistry.
Analysts expect the second US-China trade deal to address long-standing concerns of foreign businesses about unfair competition with the Chinese state-dominated business system.
Sharing at an online seminar on “American foreign policy in the post-Covid-19 world” held in April 2020, Mr. Blinken said that the US should engage in China in an effective way. According to Blinken, the United States can make a big difference by exercising leadership through its participation in international institutions, which Trump has pulled away from over the past term.
Mr. Blinken also expressed optimism about finding ways to develop better US-China relations. “I think if we work together with our partners, if we insist that Beijing has to follow their responsibility, we will go a lot further than we would almost polarize confrontation. like in the past 2-3 years, “said Mr. Blinken.
Forecast ctougher policy
Analysts from China and the US both expect the Joe Biden-elected administration to look beyond not only bilateral trade but also on a variety of issues such as state-owned enterprise dominance. China to human rights issues. In May 2020, Mr. Blinken said he would support the use of sanctions in response to Beijing’s increased control over Hong Kong with national security laws over the region.
“Mr. Trump has severely damaged US-China relations. Although Mr. Biden and his team are not new to China, they cannot avoid these problems,” said Ms. Shen Yamei, Vice President. Dean of the Department of American Studies at the China Institute of International Studies – a Chinese state-backed organization.
However, Ms. Shen Yamei expects China to step back from internal US affairs and rally allies during the first few months of the Biden administration’s operation. About Foreign Minister The future of US Antony Blinken, Ms. Shen Yamei believes the diplomat will maintain a policy of engagement, noting that the US shift from a focus on trade to other issues will mark “a situation. new to China “.
Compared to the time when Donald Trump won the 2016 presidential election, Beijing has been slow to congratulate Joe Biden on his 2020 election victory. Trump, meanwhile, still refuses to give in to the election. and are trying to dispute the results by lawsuits.
Formerly a foreign policy advisor to Senator John McCain, Richard Fontaine, executive director of the Center for New American Security (CNAS) said: “I don’t think China will celebrate (on nominating him). Blinken is Secretary of State) “.
“I think the new US administration will have a more cynical view of China than the Obama administration,” Fontaine told CNBC Television recently. “You will see a long-standing rivalry between the US and China. And the Biden administration’s’ siege is now taking shape and I think they will be upright to do it,” said Fontaine. concentration.
Among other nominations for the new Cabinet, well-informed sources say President-elect Joe Biden has selected former US Federal Reserve (Fed) Chairman Janet Yellen for the “seat” of Treasury Secretary and is waiting. Senate confirmed. It is still unclear who Biden will choose for the US Trade Representative. These are two very important positions for the United States – the leading figures in the US negotiations with China on trade under the Trump administration.
Tom Rafferty, Asia Regional Director at Economic Research and Analysis Unit (The EIU), said if approved as finance minister, Mrs. Yellen will be less inclined to pursue the Trump administration’s measures, including sanctions and regulations on Chinese investment in the US.
Tariffs likely won’t play a prominent role under the Biden administration, but Democrats will look at the political implications of attracting Trump supporters in future elections. “However, in our opinion, the selective lifting of tariffs on consumer goods can still be done,” added Tom Rafferty.
While the Biden administration is expected to cooperate more with US allies, Beijing is stepping up to build relationships with other trading partners.
In early November, China and 14 other countries signed the Regional Comprehensive Economic Partnership (RCEP) – the world’s largest trade agreement, accounting for a third of the global population, but absence of America.
Last weekend, Chinese President Xi Jinping made a rare public comment on China’s concern about the possibility of joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a former agreement known as TPP that President Trump withdrew shortly after taking office in 2017.
This week, Chinese Foreign Minister Wang Yi will visit Japan and South Korea. The world will not expect US-China relations to progress. “China’s opening up now is from two sides, one side with the US and the second side to the world. If we face pressure from one side, we will be more open to the other.” again, “said Ms. Shen Yamei.