The Biden Years: Key Developments in US-China Relations
By Serena Cicy Liu
US-China relations during the Biden administration reflect a dynamic mix of cooperation and strain. From early diplomatic tensions to agreements on climate action, this timeline highlights the key events and policies that have defined the relationship over the past four years.
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As the world’s largest and most complex trade relationship, US-China ties under the Biden administration have navigated a delicate balance of challenges and opportunities. From early phone calls between Presidents Biden and Xi Jinping to a contentious diplomatic encounter in Alaska and landmark agreements on climate action, the bilateral relationship of the past four years has been shaped by economic competition, competing national security priorities, and a shared responsibility for global leadership. Explore the pivotal events and policy milestones that have defined US-China relations during Biden’s presidency, shedding light on the progress, setbacks, and ongoing efforts to manage this critical partnership responsibly.
Key Policies and Analysis
The Biosecure Act
Passed on September 9, 2024, with a bipartisan vote of 306 to 81, the Biosecure Act prohibits entities receiving federal funds from utilizing biotechnology linked to foreign adversaries. The legislation specifically names four Chinese companies and their affiliates as concerns, signaling escalating scrutiny of China’s biotech sector.
AI and Foreign Direct Investment (FDI) Policies
On October 28, 2024, the US Treasury Department issued rules restricting investments in Chinese businesses developing artificial intelligence (AI), semiconductors, and chips. Effective January 2, 2025, these measures aim to mitigate perceived national security risks associated with critical technology supply chains.
US Commerce Department’s Entity List Expansion
On July 2, 2024, the Bureau of Industry and Security (BIS) expanded the Entity List, adding six entities based in China, South Africa, the UAE, and the United Kingdom. This move underscores growing concerns about dual-use technologies and export control compliance.
This article is from the AmCham China Quarterly Magazine (Issue 4, 2024). To access the entire publication for free, sign up on our member portal here.