President Joe Biden says that the “real differences” the United States has with the People’s Republic of China won’t lead the American government to attempt to sever any economic ties with the world’s second-largest economy, even as his administration tightens some export controls on dual-use technologies and steps up efforts to regulate the use of emerging technologies.
Mr Biden told an assemblage of businesspeople at the Asia-Pacific Economic Cooperation CEO summit on Thursday that his administration is “de-risking and diversifying our economic relations” with Beijing, “not decoupling”.
