Analysis by Jill Disis, CNN Business

Updated 1043 GMT (1843 HKT) November 9, 2020

Hong Kong (CNN Business) President Donald Trump spent much of his term setting up Beijing as Washington’s greatest political and economic adversary. Don’t expect drastic changes when Joe Biden takes the helm, even if he eschews the bluster and unpredictability of his predecessor.

Economists and trade experts believe that the United States and China will move further apart on trade and technology as Washington continues to scrutinize virtually every aspect of its relationship with the world’s second-largest economy.

”We have a fundamental, systematic rivalry between these two systems,” said Alex Capri, research fellow at the Hinrich Foundation and senior fellow and lecturer at the National University of Singapore. “In many ways, that rivalry is going to intensify.”

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The latest episode of POLITICO’s Global Translations podcast explores the new industrial policy emerging in America to counter China’s ascent.

By LUIZA CH. SAVAGE, Politico

11/04/2020 04:30 AM EST

A historic shift in U.S. economic policy is taking shape regardless of who sits in the White House or controls Congress: an increasingly muscular role for state power to build up industries U.S. leaders deem critical to America’s national security and place in the world.

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The Guardian

China says decision was ‘necessary’ after the US declared several more Chinese media outlets to be ‘foreign missions’

Mon 26 Oct 2020 16.42 GMT

China has tightened the rules on a number of US media outlets, in a move it said was “necessary and reciprocal” after Chinese journalists in America were hit with restrictions last week.

The world’s two largest economies, sparring over issues from trade and technology to human rights, have restricted visas for each other’s reporters, while China has expelled journalists.

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