Page 62 - 2022 White Paper on the Business Environment in China
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2 White Paper on the Business Environment in China
any decisions being a comfortable excuse for the com/2000/05/18/world/in-bush-s-words-join-
Republicans to attack. The incumbent president together-in-making-china-a-normal-trading-
may even tighten his stance on processor chips partner.html.
and the transfer of sensitive technologies.
Whether to lift customs duties or not will hinge on Devonshire-Ellis, Chris. “Next up in Global
progress in talks on structural problems that have Decoupling: The US Strategic Competition Act
yet to be resolved. The pivotal role of subsidies 2021.” Silk Road Briefing, 29 Apr. 2021, https://
and state-run businesses in China’s economic www.silkroadbriefing.com/news/2021/04/29/
policy does not mean any prompt decisions as next-up-in-global-decoupling-the-us-strategic-
these would prevent the Chinese Communist competition-act-2021/.
Party from controlling the state economy and its
development directions. Another factor poised to Franck, Tom. “Senate Passes $250 Billion
play its part is China’s ties with Indo-Pacific states. Bipartisan Tech and Manufacturing Bill Aimed
The Biden administration is not likely to rejoin at Countering China.” CNBC, CNBC, 9 June 2021,
the Trans-Pacific Partnership by 2022, either, https://www.cnbc.com/2021/06/08/senate-passes-
as this would trigger a vocal reaction from both bipartisan-tech-and-manufacturing-bill-aimed-at-
Democrats and Republicans, fearful of a violent china.html.
industrial reaction and job losses. The pandemic
dealt a blow to many industrial facilities so Hassan , Md Enamul. “Sino-US Reconciliation
relaxing the export policy to the US could cost new Essential for Global Interests.” Opinion - Chinadaily.
state authorities some reputation damage. In his com.cn, 26 Mar. 2021, https://www.chinadaily.com.cn/
first days as US president, Joe Biden announced a/202103/26/WS605d7451a31024ad0bab1d91.html.
an executive action Made in America ensuring that
the federal government was investing taxpayer He, Weiwen. “No Time to Waste.”
dollars in American businesses. “Our trade Chinadaily.com.cn, 27 Sept. 2021, https://
policy has to start at home, by strengthening our global.chinadaily.com.cn/a/202109/27/
greatest asset—our middle class—and making WS6151314ea310cdd39bc6bcc4.html.
sure that everyone can share in the success of the
country,” the Democratic Party candidate said in He, Weiwen. “Tariffs Hinder 'Re-Coupling'
his May 2020. “As president, I will not enter into Bid.” Chinadaily.com.cn, 23 Oct. 2021, https://
any new trade agreements until we have invested global.chinadaily.com.cn/a/202110/23/
in Americans and equipped them to succeed in the WS61735aefa310cdd39bc70bdf.html.
global economy,” he added. Similarly, on February
24, 2021, President Biden issued an executive Hsu, Sara. “Senate's Strategic Competition
order on “America’s Supply Chains,” which directs Act Will Make China-US Relations Worse, Not
several federal agency actions to secure and Better.” – The Diplomat, For The Diplomat, 27 Apr.
strengthen America’s supply chains (Paszak). 2021, https://thediplomat.com/2021/04/senates-
strategic-competition-act-will-make-china-us-
Works Cited relations-worse-not-better/.
Blustein, Paul. “The Untold Story of How George Kine, Phelim, and Gavin Bade. “China
W. Bush Lost China.” Foreign Policy, Foreign Policy, Blowback Looms for Schumer's Innovation and
4 Oct. 2019, https://foreignpolicy.com/2019/10/04/ Competition Act.” POLITICO, POLITICO, 28 Nov.
the-untold-story-of-how-george-w-bush-lost- 2021, https://www.politico.com/news/2021/11/28/
china/. china-schumers-innovation-and-competition-
act-523414.
Bush, George H. W. “In Bush's Words: 'Join
Together in Making China a Normal Trading Mavroidis, Petros C, and André Sapir. “China
Partner'.” The New York Times, The New York and the WTO: An Uneasy Relationship.” VOX, CEPR
Times, 18 May 2000, https://www.nytimes. Policy Portal, 29 Apr. 2021, https://voxeu.org/
article/china-and-wto-uneasy-relationship.
62
any decisions being a comfortable excuse for the com/2000/05/18/world/in-bush-s-words-join-
Republicans to attack. The incumbent president together-in-making-china-a-normal-trading-
may even tighten his stance on processor chips partner.html.
and the transfer of sensitive technologies.
Whether to lift customs duties or not will hinge on Devonshire-Ellis, Chris. “Next up in Global
progress in talks on structural problems that have Decoupling: The US Strategic Competition Act
yet to be resolved. The pivotal role of subsidies 2021.” Silk Road Briefing, 29 Apr. 2021, https://
and state-run businesses in China’s economic www.silkroadbriefing.com/news/2021/04/29/
policy does not mean any prompt decisions as next-up-in-global-decoupling-the-us-strategic-
these would prevent the Chinese Communist competition-act-2021/.
Party from controlling the state economy and its
development directions. Another factor poised to Franck, Tom. “Senate Passes $250 Billion
play its part is China’s ties with Indo-Pacific states. Bipartisan Tech and Manufacturing Bill Aimed
The Biden administration is not likely to rejoin at Countering China.” CNBC, CNBC, 9 June 2021,
the Trans-Pacific Partnership by 2022, either, https://www.cnbc.com/2021/06/08/senate-passes-
as this would trigger a vocal reaction from both bipartisan-tech-and-manufacturing-bill-aimed-at-
Democrats and Republicans, fearful of a violent china.html.
industrial reaction and job losses. The pandemic
dealt a blow to many industrial facilities so Hassan , Md Enamul. “Sino-US Reconciliation
relaxing the export policy to the US could cost new Essential for Global Interests.” Opinion - Chinadaily.
state authorities some reputation damage. In his com.cn, 26 Mar. 2021, https://www.chinadaily.com.cn/
first days as US president, Joe Biden announced a/202103/26/WS605d7451a31024ad0bab1d91.html.
an executive action Made in America ensuring that
the federal government was investing taxpayer He, Weiwen. “No Time to Waste.”
dollars in American businesses. “Our trade Chinadaily.com.cn, 27 Sept. 2021, https://
policy has to start at home, by strengthening our global.chinadaily.com.cn/a/202109/27/
greatest asset—our middle class—and making WS6151314ea310cdd39bc6bcc4.html.
sure that everyone can share in the success of the
country,” the Democratic Party candidate said in He, Weiwen. “Tariffs Hinder 'Re-Coupling'
his May 2020. “As president, I will not enter into Bid.” Chinadaily.com.cn, 23 Oct. 2021, https://
any new trade agreements until we have invested global.chinadaily.com.cn/a/202110/23/
in Americans and equipped them to succeed in the WS61735aefa310cdd39bc70bdf.html.
global economy,” he added. Similarly, on February
24, 2021, President Biden issued an executive Hsu, Sara. “Senate's Strategic Competition
order on “America’s Supply Chains,” which directs Act Will Make China-US Relations Worse, Not
several federal agency actions to secure and Better.” – The Diplomat, For The Diplomat, 27 Apr.
strengthen America’s supply chains (Paszak). 2021, https://thediplomat.com/2021/04/senates-
strategic-competition-act-will-make-china-us-
Works Cited relations-worse-not-better/.
Blustein, Paul. “The Untold Story of How George Kine, Phelim, and Gavin Bade. “China
W. Bush Lost China.” Foreign Policy, Foreign Policy, Blowback Looms for Schumer's Innovation and
4 Oct. 2019, https://foreignpolicy.com/2019/10/04/ Competition Act.” POLITICO, POLITICO, 28 Nov.
the-untold-story-of-how-george-w-bush-lost- 2021, https://www.politico.com/news/2021/11/28/
china/. china-schumers-innovation-and-competition-
act-523414.
Bush, George H. W. “In Bush's Words: 'Join
Together in Making China a Normal Trading Mavroidis, Petros C, and André Sapir. “China
Partner'.” The New York Times, The New York and the WTO: An Uneasy Relationship.” VOX, CEPR
Times, 18 May 2000, https://www.nytimes. Policy Portal, 29 Apr. 2021, https://voxeu.org/
article/china-and-wto-uneasy-relationship.
62
