Op-ed: As China forges global trade ties, U.S. risks falling behind despite early Biden wins

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President Xi Jinping is negotiating trade and investment agreements around the world, but the U.S. has grown allergic to such deals.

"In this age of economic globalization, openness and integration is an unstoppable historical trend," President Xithis week to the Boao Forum for Asia. Without mentioning Washington by name, he said that "attempts to 'erect walls' or 'decouple' run counter to the law of economics and market principles. They would hurt others' interests without benefiting oneself.

Yet without a modern, forward-looking trade strategy, the U.S. enters this global punch-up with one arm tied behind its back. Hank Paulson Jr., the former U.S. treasury secretary, in The Wall Street Journal. "But when it comes to trade, a critical dimension of that competition, America is ceding the field."First, Biden has profited from a bipartisan consensus, rare these days in Congress, about the urgency of rising to the Chinese challenge.

 

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That's because they are (demorats) so into hating an trying to bring in immigrants to the country to try to gain votes. Plus have no ideas of their own an trying to 'up' the previous administration.

Biden is in their pocket they own him.

US is looking for the win and dominance for themselves, whilst China is looking for win win with their partners; don’t underestimate the world’s intelligent to uncover US selfishness.

Red China's ultimate goal is world domination by underselling the West by utilizing slave labor.

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