FILE – U.S. President Joe Biden speaks during a meeting of his Competition Council in the State Dining Room of the White House in Washington, July 19, 2023.
Since taking office in 2021, U.S. President Joe Biden\’s China policy has had a profound impact on the global economy and geopolitics. During his tenure, Biden introduced far-reaching export control measures that leveraged the dominant role of the U.S. dollar in global finance and America\’s critical position in specific supply chains (such as high-end semiconductor design) to restrict China\’s access to advanced chips essential for driving economic and military innovation.
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By：VOA
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