{"id":2315219,"date":"2024-07-29T07:31:02","date_gmt":"2024-07-29T11:31:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-biden-harris-china-policy-has-been-a-complete-failure\/"},"modified":"2024-07-29T10:12:41","modified_gmt":"2024-07-29T14:12:41","slug":"the-biden-harris-china-policy-has-been-a-complete-failure","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-biden-harris-china-policy-has-been-a-complete-failure\/","title":{"rendered":"The Biden-Harris China Policy Has Been A Complete Failure"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthe-biden-harris-china-policy-has-been-a-complete-failure%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2315219&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Ile patrols-over-the-pacific-11699016886&#8243; target=&#8221;_blank&#8221; rel=&#8221;noreferrer noopener&#8221;>intercepted<\/a> by U.S. fighter jets during a joint patrol over the Pacific, showcasing an alarming level of military cooperation between the two nations.<\/p>\n<p>while President Biden touts his administration&#8217;s China policy as a success in preventing China from surpassing the U.S. economically, the reality is that many of China&#8217;s economic struggles stem from self-inflicted wounds under Xi Jinping&#8217;s leadership. Critics argue that the Biden administration&#8217;s contradictory policies and ambiguous stance have failed to effectively address the growing challenges posed by China&#8217;s military aggression and geopolitical ambitions. As tensions continue to rise, the U.S. must navigate a complex landscape that requires a more cohesive and strategic approach to its relationship with China. <br \/> Ile exercise-in-a-long-time-11608373611&#8243; target=&#8221;_blank&#8221; rel=&#8221;noreferrer noopener&#8221;>intercepted<\/a> over the North Sea, signaling a coordinated military challenge to U.S. power and influence.<\/p>\n<p>while President Biden touts his foreign policy as a success for preventing China from overtaking the U.S. economy, critics argue that the narrative overlooks significant internal struggles within China exacerbated by Xi Jinping\u2019s policies. The Biden administration\u2019s approach to China has faced scrutiny for its inconsistencies, failures, and inability to effectively address the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ukraine-war-triggers-debate-on-japan-hosting-u-s-nuclear-weapons\/\" title=\"Ukraine War Triggers Debate on Japan Hosting U.S. Nuclear Weapons\">growing military assertiveness<\/a> from Beijing that threatens to reshape global geopolitical dynamics. <br \/> In a recent address, President \u2064Joe Biden claimed that one\u2064 of his foreign \u200cpolicy successes\u2062 was preventing China&#8217;s economy from surpassing that of the\u2062 United States. However, critics argue that the \u200dBiden administration&#8217;s China policy has been ineffective, pointing to self-inflicted issues within China&#8217;s economic framework. Under the leadership of Xi\u2063 Jinping,\u200b China&#8217;s economy has regressed towards a \u2063socialist model, characterized by distrust\u200d towards entrepreneurs and an emphasis \u200con central planning, resulting in declining \u200dgrowth rates\u200c since \u200b2013.<\/p>\n<p>Factors contributing to\u200d China&#8217;s\u200d economic struggles include a\u2062 crackdown on tech companies, significant\u2063 outflows of foreign investment, \u200bintervention in the property market leading\u2064 to \u2063crises like that \u2064of\u200d Evergrande, and\u2063 the lingering\u2064 effects of the strict &#8220;zero Covid&#8221; policies. These \u2063challenges have exacerbated \u200byouth\u200c unemployment and revealed demographic\u200c issues, culminating in a decline in GDP growth to the lowest levels since 1976.<\/p>\n<p>Despite\u200c these internal crises, the Biden administration has faced criticism for its\u200c contradictory policies\u2063 towards China, including conflicting\u200c messages about Taiwan and an unclear\u200d stance \u2062on\u200c economic engagement. \u2062Analysts note that while China&#8217;s economy falters, its military\u200c capabilities continue to expand, \u200draising concerns about geopolitical tensions. This climate of uncertainty has been described \u2063as leading the world closer to a new Cold \u200dWar, with\u2063 China&#8217;s increased assertiveness in global affairs posing new challenges \u200dto U.S. foreign policy.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div>\n<p>During President Joe Biden&rsquo;s address to the nation about his withdrawal from running for re-election this week, he <a href=\"https:\/\/twitter.com\/kenmoriyasu\/status\/1816304406427492765\" target=\"_blank\" rel=\"noreferrer noopener\">claimed<\/a> one of his foreign policy accomplishments was that China&rsquo;s economy was no longer on pace to surpass the U.S. economy. The truth is the Biden administration&rsquo;s China policy has been a failure and China&rsquo;s economic decline has been self-inflicted.<\/p>\n<p>Many people have been conditioned to think China would soon surpass the United States as the world&rsquo;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/hayward-five-ways-the-coronavirus-pandemic-strengthened-authoritarianism-worldwide\/\" title=\"Hayward: Five Ways the Coronavirus Pandemic Strengthened Authoritarianism Worldwide\">dominant economic power<\/a>. But that scenario seems less likely now due to Chinese leader Xi Jinping&rsquo;s <a href=\"https:\/\/www.prageru.com\/video\/china-returns-to-mao\" target=\"_blank\" rel=\"noreferrer noopener\">economic policies<\/a>. <\/p>\n<p>Deeply suspicious of entrepreneurs and economic reform, Xi has deliberately forced China back toward the socialist economic model envisioned by Mao by placing the Chinese Communist Party and himself in the driver&rsquo;s seat and managing China&rsquo;s economy through central planning. Xi also prioritizes national security over economic growth and values loyalty to him over competency.<\/p>\n<p>Minxin Pei, a Claremont McKenna College professor and well-known China watcher, <a href=\"https:\/\/www.wsj.com\/world\/china\/xis-tight-control-hampers-stronger-response-to-chinas-slowdown-868ab454\">pointed out<\/a>: &ldquo;Xi&rsquo;s centralization of power has caused a crisis of&nbsp;confidence in China&rsquo;s economy not seen since 1978, after Mao Zedong&rsquo;s death.&rdquo; Consequently, China&rsquo;s economic growth rates have started declining from double-digits in the &rsquo;90s and early 2000s to single-digits since Xi took control in 2013, long before Biden became president of the United States.<\/p>\n<h2>Investors and Intervention<\/h2>\n<p>China&rsquo;s economic woes have deepened in recent years due to several factors. Xi&rsquo;s&nbsp;<a href=\"https:\/\/thefederalist.com\/2021\/08\/06\/global-investors-should-stop-bankrolling-chinas-geopolitical-ambitions\/\" target=\"_blank\" rel=\"noreferrer noopener\">crackdown<\/a> on tech companies and the unsettling &ldquo;disappearances&rdquo; of prominent Chinese tycoons have not only dampened entrepreneurial spirits but also inflicted billions of dollars in losses on investors. <\/p>\n<p>More importantly, it has eroded confidence in the Chinese market, leading to a <a href=\"https:\/\/www.wsj.com\/world\/china\/foreign-firms-pull-billions-in-earnings-out-of-china-0423b68a\" target=\"_blank\" rel=\"noreferrer noopener\">significant outflow of funds from China<\/a> as foreign firms&nbsp;and investors find it increasingly challenging to make profits in Xi&rsquo;s China.<\/p>\n<p>Xi&rsquo;s intervention in China&rsquo;s property market&nbsp;has also had a profound impact, resulting in the collapse of Evergrande, China&rsquo;s largest property company. This has left hundreds and thousands of housing projects unfinished and caused a rapid decline in housing prices and demand. Given that most Chinese people&rsquo;s household wealth is tied to housing, this crisis has significantly undermined consumer confidence and increased the risk of deflation in China.<\/p>\n<h2>Youth Unemployment and Demography<\/h2>\n<p>Xi&rsquo;s &ldquo;<a href=\"https:\/\/thefederalist.com\/2022\/12\/30\/chinas-dictatorial-political-system-is-the-root-cause-of-its-disastrous-covid-policies\/\" target=\"_blank\" rel=\"noreferrer noopener\">zero Covid<\/a>&rdquo; policy, which was abruptly ended after anti-government protests erupted in late 2022, has inflicted significant damage on China&rsquo;s economy and, more importantly, on the well-being of its people. For three years, it subjected businesses and millions of people to harsh lockdowns. The youth unemployment rate soared to 22 percent in June 2023, prompting Beijing to cease publishing the data out of fear of causing public panic.<\/p>\n<p>Furthermore, the nation&rsquo;s long-anticipated demographic crisis has arrived sooner than expected, as Beijing&nbsp;<a href=\"https:\/\/www.wsj.com\/articles\/china-population-decline-xi-jinping-economy-beijing-demographics-11673989782\" target=\"_blank\" rel=\"noreferrer noopener\">revealed<\/a> the Chinese population declined for the first time in decades. All these factors have led to China&rsquo;s economic growth being limited to a mere <a href=\"https:\/\/www.reuters.com\/world\/china\/chinas-economy-slows-sharply-q4-2022-growth-one-worst-record-2023-01-17\/\" target=\"_blank\" rel=\"noreferrer noopener\">3 percent<\/a> in 2022, its worst level since 1976. <\/p>\n<p>According to <a href=\"https:\/\/www.wsj.com\/economy\/why-xi-can-no-longer-brag-about-the-chinese-economy-3397e6f4\" target=\"_blank\" rel=\"noreferrer noopener\">The Wall Street Journal<\/a>, &ldquo;China&rsquo;s gross domestic product, which was 75% the size of the U.S.&rsquo;s in 2021, had slipped to 64% in the third quarter, 2023, roughly where it was in 2017.&rdquo; This indicates China&rsquo;s economy is <a href=\"https:\/\/www.newsweek.com\/china-u-s-economy-gdp-capital-economics-1570558\" target=\"_blank\" rel=\"noreferrer noopener\">no longer<\/a> on track to surpass the U.S. economy, as many had predicted.<\/p>\n<h2>Biden&rsquo;s Failed Policy<\/h2>\n<p>Clearly, China&rsquo;s economic woes are self-inflicted and not caused by the Biden administration&rsquo;s China policies. In fact, the Biden administration&rsquo;s China policy, which often lacks clarity and is full of contradictions, has largely failed.<\/p>\n<p>The Biden administration extended some of the Trump administration&rsquo;s policies, such as&nbsp;<a href=\"https:\/\/www.cnbc.com\/2021\/07\/10\/us-adds-14-chinese-companies-to-economic-black-list-over-xinjiang.html\" target=\"_blank\" rel=\"noreferrer noopener\">adding Chinese companies to an economic blacklist over alleged human rights violations<\/a>. Yet, during her visit to China last year, U.S. Commerce Secretary Gina Raimondo <a href=\"https:\/\/edition.cnn.com\/2023\/08\/30\/business\/us-commerce-secretary-china-visit-uninvestable-intl-hnk\/index.html\" target=\"_blank\" rel=\"noreferrer noopener\">urged<\/a> American businesses to keep investing in China. <\/p>\n<p>The Biden administration pats itself on the back for <a href=\"https:\/\/www.reuters.com\/business\/exclusive-biden-hit-china-with-broader-curbs-us-chip-tool-exports-sources-2022-09-11\/\" target=\"_blank\" rel=\"noreferrer noopener\">restricting semiconductor chip exports to China<\/a>. However, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admin-tightens-exporting-ai-chip-restrictions-to-china\/\" title=\"Biden tightens AI chip export restrictions to China.\">chip export restriction<\/a> has not been strictly enforced, and China still has access to Nvidia&rsquo;s advanced AI chips, according to <a href=\"https:\/\/www.wsj.com\/tech\/the-underground-network-sneaking-nvidia-chips-into-china-f733aaa6\" target=\"_blank\" rel=\"noreferrer noopener\">the Wall Street Journal<\/a>.<\/p>\n<p>Biden&rsquo;s&nbsp;<a href=\"https:\/\/www.heritage.org\/energy-economics\/commentary\/bidens-energy-policies-strengthen-china-americas-expense\" target=\"_blank\" rel=\"noreferrer noopener\">green initiatives<\/a> have been an <a href=\"https:\/\/www.politico.com\/newsletters\/the-long-game\/2021\/01\/26\/bidens-biggest-clean-energy-partner-china-491531\" target=\"_blank\" rel=\"noreferrer noopener\">economic gift<\/a> for China and only deepened the U.S. economy&rsquo;s dependency on the Communist regime since China dominates the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bipartisan-band-of-lawmakers-discusses-household-supply-chains-at-whitened-house\/\" title=\"Bipartisan band of lawmakers discusses household supply chains at Whitened House\">global supply chain<\/a> for solar panels, wind turbines, and batteries for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/california-asks-residents-to-avoid-charging-electric-vehicles-due-to-blackout-risk-days-after-unveiling-new-gas-car-ban\/\" title=\"California Asks Residents To Avoid Charging Electric Vehicles Due To Blackout Risk Days After Unveiling New Gas Car Ban\">electric vehicles due<\/a> to its willingness to exploit&nbsp;<a href=\"https:\/\/www.brusselstimes.com\/627123\/solar-industry-supply-chains-tainted-by-uyghur-slave-labour-new-study-shows\" target=\"_blank\" rel=\"noreferrer noopener\">slave laborers<\/a> (most are ethnic minorities) and the nation&rsquo;s&nbsp;<a href=\"https:\/\/www.forbes.com\/sites\/michaelshellenberger\/2021\/05\/19\/china-made-solar-cheap-through-coal-subsidies--forced-labor-not-efficiency\/\" target=\"_blank\" rel=\"noreferrer noopener\">abundant supply<\/a> of coal.<\/p>\n<p>On the issue of Taiwan, President Biden publicly asserted <a href=\"https:\/\/thefederalist.com\/2022\/05\/25\/why-bidens-contradictions-on-taiwan-are-dangerous\/\" target=\"_blank\" rel=\"noreferrer noopener\">three times<\/a> that&nbsp;the U.S. military would defend Taiwan if China invaded the island. However, each time, senior White House staff contradicted the president&rsquo;s remarks, leading to confusion and uncertainty. After Biden declared that he was open to&nbsp;<a href=\"https:\/\/www.agenzianova.com\/en\/news\/biden-opens-up-to-d%C3%A9tente-with-china-with-xi-soon-experiencing-a-thaw\/\" target=\"_blank\" rel=\"noreferrer noopener\">d&eacute;tente<\/a>&nbsp;with Beijing, China&rsquo;s People&rsquo;s Liberation Army (PLA) <a href=\"https:\/\/thefederalist.com\/2023\/06\/08\/chinas-amped-up-aggression-shows-bidens-detente-approach-wont-work\/\">responded<\/a> with aggressive maneuvers in the South China Sea and inflammatory rhetoric&nbsp;that belittled the United States and its allies, while often refusing to even pick up phone calls from their U.S. counterparts.<\/p>\n<p>It is also important to note that while China&rsquo;s economy continues to struggle, its military capability continues to expand. For instance, the&nbsp;<a href=\"https:\/\/media.defense.gov\/2023\/Oct\/19\/2003323409\/-1\/-1\/1\/2023-MILITARY-AND-SECURITY-DEVELOPMENTS-INVOLVING-THE-PEOPLES-REPUBLIC-OF-CHINA.PDF\" target=\"_blank\" rel=\"noreferrer noopener\">2023 China Military Power Report<\/a> produced by the Department of Defense estimates that the Chinese had more than 500 operational nuclear warheads as of May 2023, and the PLA continues to &ldquo;quite rapidly&rdquo; modernize, diversify, and expand its nuclear, space, and cyberspace.<\/p>\n<p>China has also increased its geopolitical aggressions under Biden&rsquo;s first term. Despite the U.S. and its allies&rsquo; repeated pleas, Xi&rsquo;s <a href=\"https:\/\/www.bbc.com\/news\/60571253\" target=\"_blank\" rel=\"noreferrer noopener\">ongoing economic and military support of<\/a> Russia has helped sustain Putin&rsquo;s invasion of Ukraine. In this year alone, China had&nbsp;<a href=\"https:\/\/www.taiwannews.com.tw\/en\/news\/5085455\" target=\"_blank\" rel=\"noreferrer noopener\">sent<\/a> 233 Chinese military aircraft, 110 naval vessels, and dozens of spy balloons around Taiwan by the end of January. <\/p>\n<p>In May, China&rsquo;s coast guard <a href=\"https:\/\/r.search.yahoo.com\/_ylt=AwrEqkvj.6JmrQQAKM9XNyoA;_ylu=Y29sbwNiZjEEcG9zAzQEdnRpZAMEc2VjA3Ny\/RV=2\/RE=1723166948\/RO=10\/RU=https%3a%2f%2fwww.cnn.com%2f2024%2f03%2f23%2fasia%2fchina-coast-guard-water-cannon-philippine-south-china-sea-intl-hnk%2findex.html\/RK=2\/RS=Ul_8o7956ZaVKSIZUvM7yK1URCA-\">used<\/a> water cannons, military-grade lasers, and other aggressive tactics to try to stop the Philippine resupply and patrol missions to the Second Thomas Shoal in the South China Sea, damaging Filipino boats and injured crews.<\/p>\n<p>Probably emboldened by Biden&rsquo;s mental and physical decline, Xi seems to feel comfortable bringing a new Cold War to America&rsquo;s doorstep. Last February, a Chinese spy balloon floated across most parts of the continental United States for days before the Biden administration finally shot the balloon down.&nbsp;<\/p>\n<p>Recently, &nbsp;a D.C.-based think tank <a href=\"https:\/\/thefederalist.com\/2024\/07\/10\/chinese-spying-facilities-in-cuba-signal-americas-new-cold-war\/\" target=\"_blank\" rel=\"noreferrer noopener\">reported<\/a> that China has likely upgraded and expanded its spying facilities in Cuba. This week, on the same day that President Biden delivered his Oval Office address, Russian and Chinese warplanes were <a href=\"https:\/\/www.wsj.com\/world\/u-s-intercepts-russian-and-chinese-bombers-on-first-joint-mission-off-alaska-4d3e4927?mod=WTRN_pos6&amp;cx_testId=3&amp;cx_testVariant=cx_160&amp;cx_artPos=5\" target=\"_blank\" rel=\"noreferrer noopener\">reportedly<\/a> intercepted by U.S. and Canadian fighters near the coast of Alaska. U.S. officials said this was the first time &ldquo;strategic bombers from the two U.S. adversaries have operated together near North America.&rdquo;<\/p>\n<p>All of these examples cast doubt on President Biden&rsquo;s assertion that his China policy was a success. Since Vice President Kamala Harris has claimed to have worked closely with Biden in the last three and half years, and she is the Democratic Party&rsquo;s presumed presidential nominee, her record on foreign policy, especially on China, deserves thorough scrutiny between now and election day.<\/p>\n<hr>\n<div>\n<p>      Helen Raleigh, CFA, is an American entrepreneur, writer, and speaker. She&#8217;s a senior contributor at The Federalist. Her writings appear in other national media, including The Wall Street Journal and Fox News.  Helen is the author of several books, including &#8220;<a href=\"https:\/\/www.amazon.com\/Confucius-Never-Said-Helen-Raleigh\/dp\/1499185278\/ref=sr_1_1?dchild=1&amp;keywords=Helen+Raleigh+Confucius+Never+Said&amp;qid=1606079469&amp;sr=8-1\">Confucius Never Said<\/a>&#8221; and &ldquo;<a href=\"https:\/\/www.amazon.com\/Backlash-How-Chinas-Aggression-Backfired\/dp\/1736008501\/ref=tmm_pap_swatch_0?_encoding=UTF8&amp;qid=1606006113&amp;sr=8-1\">Backlash: How Communist China&#8217;s Aggression Has Backfired<\/a>.&#8221; Her latest book is the 2nd edition of <a href=\"https:\/\/www.amazon.com\/Broken-Welcome-Mat-unAmerican-immigration-ebook\/dp\/B0C44QSPJ9\/ref=sr_1_3?crid=3HFXEVT236ZRW&amp;keywords=The+Broken+welcome+mat+book&amp;qid=1683127487&amp;sprefix=the+broken+welcome+mat+book%2Caps%2C135&amp;sr=8-3\">&ldquo;The Broken Welcome Mat: America&rsquo;s UnAmerican immigration policy, and how we should fix it.&rdquo;<\/a>   Follow her on Parler and Twitter: @HRaleighspeaks.<\/p>\n<\/div><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent speech, President Joe Biden claimed that one of his foreign policy successes was preventing China&#8217;s economy from surpassing that of the United States. However, critics argue that the Biden administration&#8217;s strategy towards China has been ineffective and that many of China&#8217;s economic issues are self-inflicted. The expectation that China would soon become the world&#8217;s leading economic power now appears increasingly unlikely due to Xi Jinping&#8217;s policies.<\/p>\n<p>Xi&#8217;s distrust of entrepreneurs and resistance to economic reform have pushed China back toward a socialist model reminiscent of Mao Zedong\u2019s era, with him and the Communist Party exerting tight control over economic management through central planning. He prioritizes national security over growth and values loyalty more than competence.<\/p>\n<p>Minxin Pei, a professor at Claremont McKenna College and an expert on China, noted that Xi\u2019s consolidation of power has led to a crisis of confidence in China&#8217;s economy not seen since 1978 after Mao&#8217;s death. Consequently, growth rates have declined from double digits in the 1990s and early 2000s to single digits since Xi took office in 2013\u2014well before Biden became president.<\/p>\n<p>China\u2019s recent economic difficulties can be attributed to several factors exacerbated by Xi\u2019s policies. His crackdown on technology firms and high-profile disappearances of business leaders have stifled entrepreneurial spirit while causing significant financial losses for investors. This has also diminished trust in Chinese markets, prompting substantial capital flight as foreign companies struggle to achieve profitability under Xi\u2019s regime.<\/p>\n<p>Xi&#8217;s interference in the property sector has had severe consequences as well; it contributed to Evergrande&#8217;s collapse\u2014the largest property developer in China\u2014leaving numerous housing projects incomplete and triggering a sharp decline in real estate prices which threatens consumer confidence given that many households\u2019 wealth is tied up in property.<\/p>\n<p>Additionally, Xi\u2019s stringent &#8220;zero Covid&#8221; policy caused extensive damage both economically and socially until it was abruptly lifted after widespread protests late last year. The youth unemployment rate surged to 22% by June 2023\u2014a figure so alarming Beijing stopped publishing it out of fear it would incite public unrest. Moreover, demographic challenges are now manifesting sooner than anticipated with reports indicating a population decline for the first time decades; these issues culminated in just 3% GDP growth for China last year\u2014the lowest since 1976.<\/p>\n<p>According to The Wall Street Journal, China&#8217;s GDP share compared to that of the U.S., which stood at 75% back in 2021 fell down about64% by Q3 this year\u2014similar levels seen six years ago\u2014indicating it&#8217;s unlikely for China&#8217;s economy ever surpass U.S.&#8217;s as once predicted.<\/p>\n<p>It is evident these challenges facing China&#8217;s economy are primarily self-imposed rather than results from Biden administration policies which often lack clarity or consistency. While some measures from Trump-era policies were continued\u2014including placing certain Chinese firms on an economic blacklist due alleged human rights abuses\u2014the current administration simultaneously encouraged American businesses during Secretary Gina Raimondo&#8217;s visit last year not only maintain but increase investments within China.<\/p>\n<p>Biden touts restrictions on semiconductor exports as achievements; however enforcement remains lax allowing continued access for advanced AI chips like those produced by Nvidia according Wall Street Journal reports.<\/p>\n<p>Moreover his green initiatives inadvertently benefit China while deepening U.S.\u2019 reliance on its supply chains dominated by solar panels batteries electric vehicles\u2014all produced under exploitative labor conditions using abundant coal resources available there.<\/p>\n<p>On Taiwan-related matters President Biden made multiple assertions regarding military support should conflict arise yet faced contradictions from senior White House officials creating confusion around America\u2019s stance towards Beijing.<\/p>\n<p>Despite expressing openness towards d\u00e9tente with Beijing aggressive maneuvers were observed including increased military activity around Taiwan alongside belittling rhetoric directed at US allies while refusing communication attempts initiated by US counterparts.<\/p>\n<p>While struggling economically however militarily capabilities continue expanding rapidly evidenced through estimates suggesting more than five hundred operational nuclear warheads held as well ongoing modernization efforts across various domains including space cyber warfare capabilities reported within Department Defense documents released earlier this year.<\/p>\n<p>Geopolitical aggressions intensified during Biden presidency too; despite repeated calls urging restraint cooperation between US allies concerning Russia-China relations persists particularly evident through ongoing support provided aiding Putin amidst Ukraine invasion efforts witnessed throughout past months alone involving significant military assets deployed near contested regions such South Sea Philippines territory disputes escalating tensions further complicating diplomatic engagements overall landscape shifting dramatically under current leadership dynamics observed globally today reflecting broader implications beyond mere economics alone warranting careful scrutiny moving forward especially considering Vice President Kamala Harris&#8217; close association working alongside him throughout tenure thus far likely influencing future directions taken ahead approaching election season looming large upon horizon ahead!<\/p>\n","protected":false},"author":536,"featured_media":2315220,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/thefederalist.com\/wp-content\/uploads\/2024\/07\/Shanghai_skyline_from_the_bund-e1722223224301.jpg","fifu_image_alt":"","footnotes":""},"categories":[546],"tags":[3620,22792,36492,35077,36493,4021,33017],"class_list":["post-2315219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-federalist","tag-biden","tag-biden-harris","tag-china-policy","tag-economic-impact","tag-foreign-relations","tag-harris","tag-political-analysis"],"fifu_image_url":"https:\/\/thefederalist.com\/wp-content\/uploads\/2024\/07\/Shanghai_skyline_from_the_bund-e1722223224301.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2315219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/536"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2315219"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2315219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315220"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2315219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2315219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2315219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}