Biden appoints new economic adviser to tighten restrictions on China

U.S. officials revealed that President Joe Biden is appointing two neweconomyadvisers to advance his government’s industrial policies and tighten restrictions on China ahead of the election. On Friday (March 22), Bloomberg reported, citing unnamed U.S. government officials, that this move is aimed at strengthening economic restrictions on China to protect U.S. national interests.

These two newly appointedeconomyThe adviser will play a key role in the Biden administration, helping to develop and implement policies to address China's rise in the global economy. It is also seen as part of the Biden administration's tougher stance on China's expansion.

The U.S. government's restrictive measures against China have gradually increased, including trade wars, technology blockades, and sanctions on Chinese companies. These initiatives are intended to reduce China’s impact on the U.S. economy and national security and protect U.S. technological advantages.

This move aroused dissatisfaction and opposition from the Chinese government. China accused the United States of unilateralism and bullying and promised to take all necessary measures to defend its interests. The economic relationship between China and the United States has become further tense, and tensions between the two sides are also escalating.

In this case, the Biden administration’seconomyPolicy will be in focus, especially in the context of dealing with the China challenge. These two newly appointedeconomyThe advisers will undertake the important mission of assisting the Biden administration in meeting the challenges of global economic changes and Sino-U.S. relations.