A bipartisan consensus in the U.S. House of Representatives culminated in the passage of legislation in that, if also passed by the Senate and signed into law by the president, would require the Beijing-based company, ByteDance, to either divest from its U.S.-based subsidiary – TikTok – or have it be removed from the U.S. market … Read more
In 2021, the Biden administration adjusted the United States’ strategy of technological restrictions on China, from Trump’s decoupling to a “small yard, high fence” approach that emphasized decoupling from China in the realm of cutting-edge technologies. However, looking back over the past three years, the scope of U.S. technological restrictions on China has expanded from … Read more
Amid escalating geopolitical tensions, the United States has grappled with the challenge of “de-risking” its trade relations with China over the past three years. This involves reducing dependence on China’s predominant role in global supply chains through measures such as tariffs, sanctions, and the exclusion of tax credits. The objective is to incentivize manufacturers to … Read more
Advertisement Together, China and the United States exemplify the globalization trend of the early 21st century. Despite differing views on world affairs, the two economic powerhouses have successfully coexisted and even benefited from each other, fostering the growth and prosperity of the global economy as a whole. However, in recent years, their political relationship has … Read more
Advertisement With tensions between the United States and China showing no sign of abating, more and more businesses are reconsidering their investments in China, contemplating what has been referred to as a “decoupling” from the world’s largest exporter. For numerous reasons, companies from the U.S., European Union, and elsewhere are looking to new markets to … Read more