Joe Biden will take office next month wielding more leverage over Beijing than he would have ever sought. He can thank Donald Trump and Xi Jinping for that.
Biden will be sworn in as president after Trump’s administration spent years ramping up pressure on China, including levying tariffs on $370 billion in imports, getting Canada to place a Chinese executive for Huawei Technologies Co. under house arrest, threatening access to U.S. capital markets and blaming the Communist Party for the scale of the Covid-19 outbreak.
President Trump’s pressure campaign continued last week, as the administration blacklisted more than 60 Chinese companies, limiting