Glass half full

23 February 2021 By Gina Chon Follow @GinaChon

The new administration is toning down the rhetoric but is nevertheless taking a tough line on Beijing. Less capricious trade policies and a willingness to work with Western allies may make the approach more effective than Donald Trump’s attempts to rein in the People’s Republic.

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The Senate Finance Committee on Feb. 23 held a hearing on the nomination of Wally Adeyemo to be deputy secretary of the Treasury Department. He said it was important to use all of the agency’s tools to hold China accountable for unfair economic practices and that it was best to work multilaterally to isolate Beijing.

Separately, the U.S. delegation to the World Trade Organization said in a statement on Feb. 22 that it supported the previous Donald Trump administration’s move to deem exports from Hong Kong as “made in China.”

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