Beijing Slams Biden For Embracing Trump’s “Wrong Path” During First 100 Days

Beijing Slams Biden For Embracing Trump’s “Wrong Path” During First 100 Days

Hu Xijin, the editor in chief of China’s English-language Global Times, has developed a curious reputation in the West as one of the most visible mouthpieces for the CCP. Now, with President Biden on the cusp of crossing the 100-day mark on Friday, the Global Times has published an evaluation of Biden’s first three months in office and determined that Biden has “adopted much of the Trump Administration’s wrong path” when it comes to the bilateral relationship between the world’s two largest economies.

In some ways, Biden has been even more aggressive than his predecessor. One notable difference is Biden’s ability to organize American allies from around the world to “impede China and to strangle China’s technology development” – an oblique reference to Biden’s work with “the Quad” (Japan, India, Australia and the US) to contain Beijing’s military ambitions in the Pacific.

Furthermore, when it comes to economic cooperation and trade, the Biden Administration has not shown any willingness to restore normal business and trade ties with China. On the contrary, it tends to further push the decoupling agenda.

GT also noted how, in a recent interview, US Trade Representative Katherine Tai indicated that the US doesn’t have plans to remove Trump’s tariffs on many Chinese products in the near future.

Meanwhile, trade data from Chinese customs authorities showed that China’s trade with the US rose 61.3% to reach 1.08 trillion yuan ($165 billion) during Q1, continuing a trend of China-US trade rebounding from an ebb last year triggered by Trump’s trade war and exacerbated by the COVID19 outbreak.

Hu also blasted Washington for adding to its relentless sanctions on Chinese technology companies, adding seven Chinese supercomputing firms to the sanctions list for conducting alleged activities that are contrary to the US national security.

Among a series of recent action plans, the US Senate Commerce Committee has reportedly hold a hearing on a bipartisan bill, titled the Endless Frontier Act, which is aimed at bolstering US technological research and development and to thwart China’s development.

To be sure, there are still many opportunities for Beijing and Washington to foster cooperation, but for this to happen Biden must “correct the wrong course of its China policy. If the Biden administration stubbornly continues its wrong path and keeps confronting China, while it will cause difficulty for China, the US will inevitably fall.”

Tyler Durden
Wed, 04/28/2021 – 18:20

via ZeroHedge News https://ift.tt/2S720Lv Tyler Durden

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