Joe Biden’s election victory could result in a more unified front by developed countries pushing China to further open up its domestic market, which in turn could encourage American and global financial firms to increase their presence in Chinese markets, according to analysts.Biden’s stance on China is far from certain for now, but his administration – set to begin with his swearing-in as president of the United States on January 20 – is less likely to use tariffs as a negotiating tactic while…



READ SOURCE

READ  China to reduce import tariffs on key commodities including frozen pork

LEAVE A REPLY

Please enter your comment!
Please enter your name here