Here’s What Analysts Say a Biden Win Means for China’s Economy
- U.S. approach to China may change, but rivalry will remain
- Yuan may gain further as tensions likely ease under Biden
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Analysts are focused on what Joe Biden’s election victory will mean for China’s economy and markets after relations with the U.S. plummeted under President Donald Trump.
While most expect the U.S. will shift its approach in dealing with China, they also say a protracted rivalry between the world’s two biggest economies is here to stay.