U.S. to Warn Businesses Over Hong Kong Risks

The video discusses the US-China relationship, highlighting the Biden administration's approach, which emphasizes working with allies and developing a strategic policy. It contrasts with the previous administration's tactics. The video also explores the strategic competition with China, focusing on boosting US competitiveness and the potential for a digital trade deal in Asia that excludes China.

What is one of the responsibilities of the Biden administration regarding U.S. companies operating in Hong Kong?

• To offer tax breaks

• To encourage relocation to China

• To inform them about operational risks

• To provide financial incentives

How did the Democrats view Trump's policies on China during his administration?

• They had a bipartisan consensus

• They were indifferent

• They were mostly opposed

• They fully supported them

What is a key aspect of the bipartisan consensus on US-China relations?

• Reducing trade with China

• Boosting US competitiveness

• Increasing military presence in Asia

• Ignoring China's unfair practices

How does the Biden administration's approach to China differ from the previous administration?

• It avoids any confrontation

• It prioritizes economic sanctions

• It emphasizes collaboration with allies

• It focuses on unilateral actions

What is a fundamental aspect of the US-China relationship according to the transcript?

• Economic dependency

• Complete isolation

• Strategic competition

• Mutual cooperation

What is the purpose of the Innovation and Competition Act mentioned in the transcript?

• To establish new trade barriers

• To boost US competitiveness

• To reduce taxes

• To increase imports from China

What is the potential digital trade deal discussed in the transcript?

• A deal focusing on agriculture

• A deal with European nations

• A deal excluding China

• A deal including China