Since taking office,while essentially continuing the implementation of the Trump administration's economic policy toward China,the Biden administration has actively explored new concepts and tools to better meet the reality of China-US economic relations but to serve the benefit of the United States.Though twists and turns still exist,China-US economic relations in the Biden era have been stable,without violent conflicts or out-of-control situations,like those in the late Trump era.Maintaining an overall steady development of China-US economic relations is possible for three reasons:the spread of the COVID-19 pandemic,China's pragmatic implementation of the phase-one agreement,and the structural complementarity between the two economies.However,new issues have emerged in the relations amid intensifying China-US strategic competition.China-US economic relations remain at a crossroads,affected by the changes in their political and security relations.

Center for American Studies,Fudan University

[1]Song Guoyou-.The Biden Administration's Economic Policy toward China:Readjustment and New Areas of Competition)[J].中国国际问题研究,2022(06):132-151

Readjustment

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