Daily Memo: New Stage in US-Chinese Competition

Washington also announced plans to launch trade and investment talks with Taiwan.

U.S.-Chinese competition. The U.S. Senate is inching closer to finalizing legislation worth at least $200 billion aimed at boosting U.S. competitiveness against China. The Biden administration also announced a “strike force” to combat unfair Chinese trade practices. China, meanwhile, is pushing forward with a new law aimed at making it easier to retaliate against Western […]

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