Democrats Big Plan To Curb China
Democrats prepare a $350bn plan to confront China’s ‘predatory economic behaviour’.
It is rare to see cross-party support for anything in Washington but one thing is for certain – both Republicans and Democrats see China as a major geopolitical threat.
US President Donald Trump has blamed the Democrats for China’s unchecked economic rise.
Between 2001 and 2013, an estimated 3.2 million jobs were lost in the United States, as the country’s trade deficit with China grew.
In September, Democrats announced a $350bn plan to confront China.
Plus: We look at Chinese President Xi Jinping’s plan to rival Silicon Valley as Washington restricts the export of semiconductors.
And, we discuss doing business in Africa during the pandemic.