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Possible Directions for U.S. Policies in the Biden Era

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Joe Biden
Official White House Photo by Adam Schultz

Authors: Chan Kung and He Jun

On January 20, 2021, a new page will be turned in the history of the United States when Joe Biden becomes the 46thPresident. What will happen to U.S. domestic and foreign policy as a result of the transition from the “Trump Era” to the “Biden Era”? What will be the impact of this on the U.S., the world, and China? After the tumultuous Trump Era, we believe that this is an issue of great concern to international governments and markets.

The “ANBOUND 100+” high-end discussion platform and the macro team have been continuously tracking the news of the imminent Biden Era and possible policy changes. To this, we have made a number of key predictions. In the historic moment when Joe Biden is about to take office, it is important to review and summarize the relevant research to understand the changes that the new U.S. President will bring.

First, we shall look at the American political landscape in the Biden Era.

An overall judgment is that Democrats are taking control, but “Trumpism” is still unlikely to disappear from U.S. politics any time soon. The ANBOUND team had judged on November 11, 2020, that Donald Trump’s various policies had in fact left Biden with a number of political and diplomatic “legacies”, and that Biden actually had considerable autonomy over whether to “inherit” these “legacies”. Objectively, whether inherited or not, these “legacies” can be used as a bargaining chip for the Biden administration. On the issue of Trump himself, ANBOUND once said on December 20 that Trump will be in trouble because he had “gone too far” and that the future Biden team might carry out a complete reckoning with Trump and his team. Judging by the fact that Trump is facing a second impeachment and the investigation into the storming of the Capitol, such a reckoning is happening. In this regard, ANBOUND has summed up Trump’s influence remains and its trajectory to be: Trump -> Trumpism -> Trumpism without Trump.

In the Biden Era, the two-party political landscape in the U.S. will be unbalanced, with the Democrats dominating U.S. politics and rapidly gaining the upper hand, and the Republicans facing an internal split, as ANBOUND judged on January 10, 2021. On this basis, we believe that there is a clear trend towards “bipartisanship”, with the Democrats becoming the dominant party in this cooperation. In this context, the Biden administration is likely to complete domestic integration faster and turn its focus to foreign policy sooner. It is also possible that with less resistance at home, the Democrats will give more focusat home, and the U.S. society will become more integrated than in the past, with some of the major domestic issues, such as welfare and environmental protection, to likely make significant progress over the next four years.

Then, there are the U.S. economic issues and economic policies in the Biden Era.

The United States faces many problems in the economy, but the core problem lies in the distribution of wealth, which is the cause of many social problems. The research team of ANBOUND pointed out in November 2019 that the wealth of the United States is still in the process of being accumulated in large quantities, and the real problem of American society lies in the distribution of wealth. Part of the backlash against globalization in the U.S. is also related to the distribution of wealth in American society. On this basis, we believe that welfare will be an important aspect of U.S. economic policy that needs to be addressed in the future. On November 22, 2020, we further pointed out that the transition to a welfare state could usher in a new super-boom for the United States. Contrary to the view of many that welfare is a “simple spending” policy, we believe that welfare, if properly used, will create new consumption space. In terms of health insurance, education, and consumption in the United States, we expect that a full-scale welfare transition in the U.S. would create a USD 10 trillion mega-consumer market that would potentially bring the U.S. into a new phase of rapid development while resolving social tensions.

Based on the above analysis, we believe that the core of the so-called “Bidenomics” is about the distribution of wealth and the “welfarization”. From what has been observed so far, the basic logic of “Bidenomics” is to solve the public health crisis, save jobs, reconfigure the industrial chain, overhaul infrastructure, promote an environmental agenda, build a better social security system, and promote social equality. This logic is likely to be the “core” of economic policies in the Biden Era. There were similar signals that emerge before Biden officially took over the presidency. Biden has proposed USD 1.9 trillion stimulus package to deal with the impact of the pandemic on the U.S. economy and society. Biden’s Treasury Secretary nominee Janet Yellen also called on the U.S. Congress to act more aggressively to deliver economic aid without worrying too much about the debt. “Neither the president-elect, nor I, propose this relief package without an appreciation for the country’s debt burden. But right now, with interest rates at historic lows, the smartest thing we can do is act big,” Yellen said. “I believe the benefits will far outweigh the costs, especially if we care about helping people who have been struggling for a very long time,” Yellen added. Yellen also stressed the need to rebuild the U.S. economy “so that it creates more prosperity for more people and ensures that American workers can compete in an increasingly competitive global economy.”

Concerning the foreign policy issues in the Biden Era, as mentioned above, Biden will not completely abandon Trump’s diplomatic “legacies”, rather he would build on it with some kind of “pullback”. In this process, institutionalization and systematization will be the most prominent characteristics of American diplomacy in the future. A top foreign policy priority for the Biden administration will be to rebuild relations with its allies, particularly Europe, restoring stability to the transatlantic alliance and healing the rifts that have emerged over the past few years. We believe that such rapprochement will certainly play a role and the U.S.-EU strategic alliance will not change, but it will be difficult to fully restore to the levels of the past. On many issues, such as economy and trade, market space, security, and digital sovereignty, the EU will have a stronger “sense of autonomy”. As for U.S.-China relations in the Biden era, we have argued that we should not expect the U.S. government to adjust its hardline position on China, but that the Biden administration would be more predictable in its approach to policy games, returning to the character of “the establishment”. In fact, as early as October last year, the ANBOUND’s research team pointed out in its outlook on U.S.-China relations in the Biden era that the Biden administration’s approach to several aspects of domestic and foreign affairs would generally differ from that of the Trump administration, and that while its strategic positioning of China and the policy of inhibiting the rise of China in the long term would remain unchanged, in terms of specific approaches, the Biden administration would seek a certain degree of order and geopolitical discipline to implement and enforce its policies.

In regard to the Korean Peninsula issue, we believe that in the Biden Era, it is possible for the United States and North Korea to reach a phased nuclear abandonment agreement. On Iran, the main concern is still the Iranian nuclear issue. We believe that the United States will amend Trump’s extreme policies on the issue of the Joint Comprehensive Plan of Action (JCPOA), or the Iran nuclear agreement, and some adjustment will take place. However, even if the United States can return to the Iran nuclear agreement, Iran may have to make certain concessions on the 2015 version. One of the key points may be that Iran needs to further restrict its support to the militia in the Middle East on the basis of the original version. This means that Iran’s influence in the Middle East will be significantly reduced. Regarding the issue of returning to Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), we believe that returning to CPTPP is quite attractive to the Biden administration, but it is also quite difficult. Fluctuations in U.S.-China relations will affect the process of the United States returning to CPTPP; the worse the U.S.-China geopolitical relationship gets, the less resistance the United States will have to return to CPTPP.

In addition, ANBOUND’s researchers also believe that looking from the standpoint of historical development, the Biden administration may be a transitional period for the United States to return to “normal” from the Trump Era. From Biden’s personality, age, situation and environment, we tend to think that the Biden administration is likely to be a “presidential accountability system under the leadership of Secretaries”. In such a government, it is the Secretaries of various departments, the Department of State, and the new cooperation pattern of the two parties in Congress that play a key role, rather than relying mainly on the President. In particular, Janet Yellen, the new Treasury Secretary who had served as the Chairperson of the Federal Reserve, could very well have crucial impact on the U.S. economic policy in the Biden Era.

Final analysis conclusion:

With the transfer of executive power, the United States will bid farewell to the “Trump Era” and usher in the “Biden Era”. The United States under Joe Biden will undergo considerable adjustments and changes, which are reflected in many aspects of the United States’ domestic politics, international geopolitics, economy, and foreign policy. The world will watch the new changes in the United States, and China will see a new pattern of U.S.-China relations. Changes in the United States will not only affect the world but also China’s development strategy.

Founder of Anbound Think Tank in 1993, Chan Kung is now ANBOUND Chief Researcher. Chan Kung is one of China’s renowned experts in information analysis. Most of Chan Kung‘s outstanding academic research activities are in economic information analysis, particularly in the area of public policy.

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Americas

Kerry’s China Visit: ‘A Weasel Paying a New Year Call to a Chicken’

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A section in the international press claims the US climate envoy John Kerry’s mid-week Shanghai visit was aimed at the White House “wooing Beijing” before the upcoming Earth Summit on April 22. But some foreign commentators while not disagreeing see Kerry’s task as arduous. Then there are those who no doubt believe the visit to be an essential part of Biden’s “climate diplomacy” and as a “bright spot” in tension-ridden China-US relations. Not unexpectedly, Beijing has mandated Xie Zhenhua, China’s “environment man” and Kerry’s old buddy, to go by the script and stick to protocols while hosting his US visitor.

***

On April 13, the US State Department website claimed, the President’s special climate envoy John Kerry will be visiting Shanghai and Seoul from April 14 -17. The agenda for the visit was mentioned as to conduct consultations on global climate crisis. Seasoned diplomatic affairs commentators in Beijing sensed something odd in the sudden state department announcement. Li Guangman, a veteran IR analyst and widely respected “influencer” in the arena of foreign policy opined: “The fact that the news was released only after Kerry departed for Shanghai is an indication it was perhaps only a last-minute decision in Beijing to host Kerry. This also shows Beijing could have declined the visit too.”

As regards on the purpose of Kerry visit, a section of the international press has been fed, i.e. the visit is “seen as a chance to set aside existing political tensions and focus on areas of potential climate collaboration.” Highlighting Kerry as the first high-level Biden administration official to fly into China – though not into the capital city Beijing, the US as well as Western media took particular notice of the visit’s timing, that is, just days ahead of Joe Biden’s virtual summit with world leaders on climate change on April 22. It was on expected lines that the foreign media did not fail to mention the failure of the first top officials-level dialogue in Alaska exactly a month ago in “yielding a breakthrough,” when speculating whether Kerry’s travel to China would be any different.     

In sharp contrast, Beijing’s foreign ministry mandarins did not seem particularly enthused by the visit. Without either referring to the upcoming virtual Earth Summit or attaching extraordinary attention to the first trip to China from the highest official in the Biden government since January 20, China’s Ministry of Ecology and Environment disclosed on Wednesday: “The U.S. president’s special climate envoy John Kerry will visit China from Wednesday to Saturday.” In a rather curt and short press release, the foreign ministry in Beijing said: “China’s special climate envoy, Xie Zhenhua, will meet with his U.S. counterpart John Kerry in Shanghai this week and exchange views on a key United Nations climate conference or COP26 at Glasgow later this year.” 

Beijing Downplays Kerry’s Visit

Besides downplaying the high-profile maiden trip to China by Kerry as the US climate envoy, a lot is being read into Beijing keeping the US visitor strictly within “visiting one city, meeting one official” limits. China’s English language Caixin Daily has confirmed “after talks in China, Kerry will travel on to Seoul, South Korea. The US Embassy in Beijing said no media events are planned before Kerry heads to Seoul.” Remember, John Kerry has been flying around the world with twin purposes, namely: one, to urge various countries to commit themselves to fight against climate change in time for the Washington initiated Earth Summit beginning on Thursday; second, starting from the Earth Summit and before the UN conference on climate in November this year, reclaim America as a leader on climate action.

One of the key stated agendas of Kerry’s visit was to seek China’s endorsement to Biden’s ambitious plan to prod countries to step up their respective carbon emissions reduction goal in order to limit planetary warming by 1.5 degrees Celsius – a goal set by the Paris Agreement in 2015. Biden has invited nearly 40 world leaders to assemble for the Earth Summit, including China’s President Xi Jinping and the Russian leader Vladimir Putin. To help Biden achieve climate change mission, Kerry has already visited several countries including UK, India, Bangladesh and United Arab Emirates. However, not only China, there are many other countries and individuals/institutions who do not trust the US to fulfill its own climate change commitments. A Bloomberg report last Friday has observed: “Before the U.S. can lead, however, it will first have to overcome the world’s mistrust. After all, the country has reneged on its climate promises before.”

A former Obama administration official, Pete Ogden currently serving as vice president for energy, climate and environment at the United Nations Foundation, was cited in the Bloomberg report mentioned above as saying: “They’ve [the White House] clearly been looking to try to encourage other countries to also increase their ambition, but I don’t think this is the date. I do not expect that everything will be on a glide path to 1.5 degrees after the [Earth] summit.” While Kerry and Biden most likely are going to fail in cajoling major emitter countries barring a few close US allies such as Canada, Japan and maybe South Africa as it [Washington] must first “overcome the world’s mistrust.” India and Brazil, notably, have already indicated the two countries strongly differ with the US-led developed countries’ offered solution at the coming Earth Summit.

China or Xi Jinping might skip the earth Summit

Kerry’s “mission Shanghai” may not have been as “fiery” as the Alaska talks, yet one is certain it must have been equally, if not less, testy visit. According to a Chinese article, both the timing and agenda of Kerry’s “mission Shanghai” are seen as problematic in Beijing for following few reasons. First, as pointed out above, Beijing no doubt views both Biden’s promised commitment to Paris Climate Accord and inviting world leaders to the Earth Summit as mere attempts to salvage the damaged US image on one hand, and to establish the United States as the leader in the global fight against global warming on the other. In other words, it is Biden’s political and not climate change agenda.

Second, just like on the eve of the Alaska talks the secretary of state Blinken made provocative statements in Tokyo and Seoul making Beijing unhappy. This time round too Washington initiated not one but two highly provocative moves to gauge the mood in Beijing: one, just as climate envoy Kerry was packing bags for Beijing, the Biden administration dispatched three former US officials with high credentials to Taiwan in an unmarked private jet last Wednesday; two, the US intelligence chief Avril Haines in a report released on last Wednesday has repeated the China threat to the US saying: “There is no other country that represents a more severe threat to our [the US] economic security, innovation and ideas than China, a threat which is deep, wide and persistent.” It is ridiculous to expect Beijing to promise “tangibles” to Kerry in this backdrop, observed a scholar in Beijing.

Third, while officially the PRC government strongly objected to and challenged the Biden-Suga joint statement at the end of the two leaders’ first in-person meeting at the White House last Friday. Typically, reactions from China’s strategic and security affairs community have been far more bellicose and scathing on the mention of Taiwan in the US-Japan joint statement. The last such mention in their joint statement was made in 1969 during Nixon-Sato talks. Disdainfully rejecting any claims that the timing of Kerry’s visit overlapping with Biden-Suga jointly plotting against China as “mere coincidence,” a Chinese commentator seriously wondered if this was “how the US wants to improve relations” with China?

Finally, no doubt President Biden has been consistent during the presidential campaign last year and since he took office in January this year, that “effectively tackling climate change requires cooperation with China.” But in response to Blinken and Kerry persistently seeking China’s support and cooperation on global warming, a recent statement by the foreign ministry spokesperson in Beijing, Zhao Lijian, should leave no one under any illusion why Beijing is not going to oblige Washington. “The cooperation between China and the US in certain areas such as climate change is not a flower in a greenhouse, and is bound to be closely related to all pervasive bilateral relationship,” (emphasis added) Zhao Lijian had stated.   

No wonder, Beijing has been questioning the Biden administration’s credentials, or in other words, the US “eligibility” in seeking China’s cooperation on the so-called “areas of convergence.” It seems Beijing has seen through Biden’s “climate diplomacy” trickery. Why else ancient Chinese idiom “a weasel paying a New Year call to a chicken” – someone with evil intentions – is being invoked by scholars to describe Kerry’s “mission Shanghai?”                 

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How COVID- 19 weakened American leadership

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Unlike Hollywood movies where Americans have the lead in saving the world, the crisis of the corona virus pandemic has shown the opposite. The first major test showed that the American health care system was inferior to the Russian one, created during the Cold War. And while the Kremlin has managed to provide real assistance to a number of European countries, certainly using it for propaganda purposes, Washington’s actions can be characterized as a sign of weakness.

In the race for a quality vaccine, Moscow has shown that it is ahead of its competitors, and despite the rigorous blockade, more and more European countries want the Russian vaccine Sputnik V, which proved to be better than Pfizer and Modern. The United States and Britain have experienced a major slap in the field of science, but from their perspective even more on propaganda. Attempts by Western countries to maintain a monopoly on vaccines in Europe, despite the fact that citizens are dying in large numbers because of that policy, showed how far American diplomacy is ready in sacrificing people in the Western Hemisphere due to the conflict with Russia.

Unlike Western vaccines, which cause numerous complications, Sputnik vaccine was rated as far better, which resulted in large agreements between Russia and foreign countries regarding sales and joint production.At the same time, there are simply no reports about similar complications caused by the Russian vaccine, even though the European Commission and Brussels have been keeping a close eye on the effects of its use in European countries, including Serbia and Hungary, which have already taken the first deliveries of the Sputnik V vaccine. What is the reason for the US demonstrating its weakness? How come that in the midst of the epidemic Washington was unable to find the resources to demonstrate its readiness to lend a helping hand to its European allies? Unfortunately, one of the reasons was that the Americans simply freaked out.

The truth is, the US healthcare system is rather decentralized and unorganized. People with good health insurance have little to worry about. However, in a situation of a pandemic, the US medical facilities are pretty hard to manage, so one has to do it manually. Compounded by the general atmosphere of panic and the fact that the poorest strata of society, who have no health insurance and constitute the main risk zone (obesity due to malnutrition, advanced chronic diseases and other COVID-inducing conditions), the system simply collapsed. Therefore, it is not surprising that the Trump administration tried to keep maximum resources at home.

Moreover, the businessman-turned-president, who had openly spoken about “exporting security,” never missed a chance to make it clear to his allies that US assistance is never free. As a result, he was replaced by Biden, a Democrat who advocates maximum support for all democratic forces. However, Democrats usually provide moral or military support, but they have proved equally unprepared to line up any serious assistance to the countries hit the hardest by the pandemic.Moreover, it was actually at the suggestion of the United States and the UK that the COVAX system, a global initiative aimed at providing equitable (but not free) access to COVID-19 vaccines for countries in need, stalled. It turned out (who might have guessed?) that both the US-developed Moderna and the British AstraZeneca vaccines are primarily needed by their own electorates, and only then by countries that need them, but are unable to produce their own vaccine.

Meanwhile, India with a population of over 1 billion,managed to fulfill its obligations, and Russia is ready to launch the production of vaccines in Europe. However, bending under Washington’s pressure, the European Union has banned the import of Russian, Indian and Chinese vaccines, without bothering to explain the reasons for this ban.A country, claiming world domination cannot lead in everything, of course.  Therefore, it is not surprising that the healthcare systems of many European countries, like Sweden and Switzerland, are way better that what they now have in the United States. That being said, the world leader still bears full responsibility for its allies and cannot leave them to their own devices, not only in the event of a military conflict, but also in the midst of a pandemic. However, this is exactly what it did…

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U.S. Gov’t. Walks Back Lie Against Russia But Says that Russia Must Be Apologizing

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biden-foreign-policy
Official White House Photo by Lawrence Jackson

On April 15th, the Biden Administration, which has been saying that Russia probably placed a “bounty” on corpses of U.S. soldiers in Afghanistan, said that, actually, “U.S. intelligence only had ‘low to moderate’ confidence in the story,” but “This information puts a burden on the Russian government to explain its actions and take steps to address this disturbing pattern of behavior.” For good measure, the U.S. Government has now added yet more sanctions against Russia.

Adam Rawnsley and Spencer Ackerman of The Daily Beast headlined on the 15th, “U.S. Intel Walks Back Claim Russians Put Bounties on American Troops”, and reported that “Translated from the jargon of spyworld, that [statement from the Biden Administration] means the intelligence agencies have found the story is, at best, unproven — and possibly untrue.”

This lie had first been broadcasted on the front page of the New York Times on 26 June 2020, under the headline “Russia Secretly Offered Afghan Militants Bounties to Kill U.S. Troops, Intelligence Says”, and they reported that:

American intelligence officials have concluded that a Russian military intelligence unit secretly offered bounties to Taliban-linked militants for killing coalition forces in Afghanistan — including targeting American troops — amid the peace talks to end the long-running war there, according to officials briefed on the matter. The United States concluded months ago that the Russian unit, which has been linked to assassination attempts and other covert operations in Europe intended to destabilize the West or take revenge on turncoats, had covertly offered rewards for successful attacks last year.

The following day, the Washington Post bannered “Russian operation targeted coalition troops in Afghanistan, intelligence finds”, and reported that:

A Russian military spy unit offered bounties to Taliban-linked militants to attack coalition forces in Afghanistan, including U.S. and British troops, in a striking escalation of the Kremlin’s hostility toward the United States, American intelligence has found. The Russian operation, first reported by the New York Times, has generated an intense debate within the Trump administration about how best to respond to a troubling new tactic by a nation that most U.S. officials regard as a potential foe but that President Trump has frequently embraced as a friend, said the officials, who spoke on the condition of anonymity to discuss a sensitive intelligence matter.

Repeating their performances regarding numerous other such lies — including against Saddam Hussein’s “weapons of mass destruction” and threat of “a mushroom cloud that was allegedly only 6 months away on 7 September 2002 — America’s trashpapers of record (the nation’s two ‘top’ ‘news’-papers) have done yeoman’s work for Lockheed Martin and other ‘defense’ industry corporations, by deceiving the American public to support a military-industrial government of perpetual war and of fake dangers, when the real dangers against the American people continue to grow domestically and to rot away America’s economy. 

The beneficiaries of this scam are called America’s “Deep State,” and they rule here no matter whether serving Republican Party billionaires or Democratic Party billionaires.

This scam on behalf of America’s billionaires is called “neoconservatism,” but it really is only American imperialism, and it has already destroyed Vietnam, Iran, Chile, Argentina, Bolivia, Guatemala, El Salvador, Yemen, Syria, Afghanistan, Venezuela, Ukraine, and many other countries. More gradually, however, it has been destroying America itself.

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