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Trump’s Presidential Election Preparations Made Him Famous … Renegotiation of the US-China Trade Agreement
Some say: “I will be distant because of the second son of Chinese accession”
Taiwan is nervous about losing full support for the US.
China, which has been in fierce clashes with the United States since the inauguration of the US administration of Donald Trump, does not hide the anticipation by US President-elect Joe Biden. Although the analysis prevails that the US stance against China will continue even if Biden takes office, state media highlights his ties to China due to the fact that Biden-elect has visited China four times a day only as vice president.
On the 9th, the state-run Yeongjaji Global Times referred to Biden as an “old friend” and said: “The ramshackle restaurant in Beijing, the capital he visited in 2011 as incumbent vice president, is drawing attention. The restaurant owner also welcomed Biden’s victory in the presidential election. “After Biden’s visit, the restaurant sold Jajangmyeon, dumplings, and stir-fry potato vegetables as a ‘biden set.’ Now it is preparing to sell. changing its name to ‘President Set’.
Some netizens also appreciate that Vice President Biden visited the area affected by the Great Sichuan earthquake 9 years ago with Vice President Xi Jinping at the time, and that he brought a granddaughter who was learning Chinese when he visited China.
Thanks to this trend, expectations of renegotiation of the trade agreement between the United States and China also increase. On January 15 of this year, the two countries signed a trade agreement in the first phase of the trade agreement between the United States and Washington, but the relationship between the two countries has deteriorated and President Trump’s readiness for re-election has turned practically ineffective. The Hong Kong South China Morning Post (SCMP) predicted that “China wants to renegotiate in any way, and it is very likely that Biden will take advantage of the trade negotiations to solve problems like Hong Kong, Taiwan and the South China Sea.” Yu Wan-li, an academic fellow at the International Center for Strategic Research at Peking University, also predicted that “Biden will use the renegotiation as a card to obtain Chinese concessions on issues of intellectual property protection and human rights.” However, some argue that Biden will distance himself from China even because of his son Hunter (50), who has suspected a close relationship with China. Ten days after accompanying his father’s visit to China in December 2013, the state-owned Bank of China invested a whopping $ 1.5 billion (about 1.6 trillion won) in a private equity fund managed by Hunter. President Trump’s side continued to address this in the course of the presidential campaign and lashed out, saying: ‘If Biden is elected, China will dominate America.’ “He is unlikely to renegotiate the US-China trade agreement, given the harsh comments made by Biden during the presidential campaign to China,” said Stephen Olsen, a researcher at the Heinrick Foundation, a Hong Kong nonprofit. Taiwan is very anxious about the new administration, as the Trump administration has maintained the closest distance to Taiwan among previous administrations since the break with the United States in 1979 to control China. On this day, Taiwanese President Cai Ing-Won posted a congratulatory message to Biden-elect via Twitter, saying, “I hope to strengthen our friendship and cooperation.” It can be interpreted as a transmission of the intention to continue valuing the relationship with Taiwan, which shares fundamental values such as democracy.
Beijing = Correspondent Kiyong Kim [email protected]
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