International Trade

China’s rise in the international arena has been meteoric: from a former obscure communist state that was once caught in the web of internal dissent and deep political turmoil, China has risen to become a global political, economic and military heavyweight whose actions and defiance of what is called “rule-based order” cause trepidations among much of the world.

U.S. President Joe Biden’s “intentionally targeted” revamp of Donald Trump’s order to ban investments in certain Chinese companies allows him to maintain a tough line on China in a way that still provides room for dialogue between the world’s biggest economies.