Five Things You Need to Know to Start Your Day

The U.S. has no plans to resume regular high-level economic dialogue with China. Netflix is branching out into video games. And Singapore’s local virus cases reach a 15-month high. Here’s what you need to know.

Treasury Secretary Janet Yellen and her staff have no plans to resurrect the regular U.S.-China economic dialogue that governed ties between the two nations during the Bush and Obama administrations, continuing for now the suspension put in place under President Donald Trump. A spate of U.S. actions in recent days — including a planned warning to American businesses in Hong Kong, new import controls for China’s Xinjiang region and talks about a digital trade agreement that would exclude Beijing — underscore how Biden plans to extend and even deepen Trump’s more confrontational approach. Former Vice President Mike Pence is calling on Biden to further toughen his stance on China, including delisting Chinese companies that don’t meet U.S. accounting standards, withholding research funds and demanding that China reveal the origins of the coronavirus pandemic.