”The relationship between the United States and China has become a focal point of global economic and political discourse. Markets are increasingly concerned about how
US elections impact China, especially given the bipartisan consensus among Republicans and Democrats to adopt a tougher stance toward Beijing. Since the onset of the trade war in 2018, US-China relations have deteriorated, with the Biden administration largely maintaining, and in some areas intensifying, the strategic approach initiated by the Trump administration. This continuity has led to a significant decline in economic exchanges between the two nations, not only on the trade and investment fronts (i.e., the steepening of the CFIUS, and the introduction of the CHIPS and Science Act), but also on the people-to-people exchange front.”
Morten W. Langer