when the new era of joe Biden came in the Chinese were skeptical of his intentions when it comes to china which question got answered yesterday in a virtual meeting between the two leaders. the areas of interest of the USA president were chinas activity in Hong Kong, the china sea, and Taiwan. and Chinese interests was USA intervention in its domestic policy and of course its aggression to its economy.
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Joe Biden showed the intention to ease up on some of his worries except Taiwan. economists have shown that USA tariffs on Chinese goods hurt the USA more than it does china and this meeting came at a time when USA inflation was a record high of 6%. so joe Biden needed to ease the tariffs to allow Chinese goods to come and meet the high demand in America so as the inflation rate is cubbed, so this made him the weakling in the meeting.
also, the analysis showed that the USA wouldn't back down from the tiawanian issue because of the following . Taiwan produces 60% of the world's semiconductors(chips) and due to the chip shortage in the world, the united states couldn't risk Taiwan to unite with the chain completely where the chain would have complete control of this supply chain. we should also remember the Chinese national security law on tech companies which makes the Chinese government have the power to use their country´s tech company in whatever way they want in the name of Chinese national security.
so if china controls the chip supply chain, it will have the backdoors to the world's phones, computers, basically own the digital universe, and can do whatever they want with this power. so I understand why the united states would go the way for this not to happen.
