This podcast episode delves into the intricate relationship between the U.S. and China, which is characterized by economic interdependence and geopolitical tensions. Despite significant disagreements, both countries continue to engage economically, driven by the benefits they derive from each other. However, concerns about China's military ambitions have prompted the Biden administration to ban American investments in Chinese companies involved in high-tech sectors deemed critical to military development. This reflects the increasing prioritization of national security in U.S. economic policymaking as the U.S.-China relationship faces a reassessment.
