Wall Street

Biden Stakes Out Different Approach to China From Trump

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The Street

By Tony Owusu U.S. and British intelligence agencies levied accusations against China that the country has denied while also accusing the West of hypocrisy. President Joe Biden’s administration has taken a different tact towards China than his predecessor. That’s particularly true in the case of trade and industrial espionage. Donald Trump opted for confronting Beijing by imposing sanctions due to what he calledunfair trade practices, pressuring ByteDance, parent company of social media platform TikTok, to sell its U.S. assets, and even threatening to cut off relations with the country of 1.4 …

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