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What a Deal With Communist China Means

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What a Deal With Communist China Means
World leaders, including President Joe Biden (L), depart from a group photo during the Asia-Pacific Economic Cooperation (APEC) Leaders' Week at Moscone Center in San Francisco on Nov. 16, 2023. Kent Nishimura/Getty Images
Christopher Balding
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Commentary

The Biden administration announced after meeting with Chinese leader Xi Jinping during the Asia-Pacific Economic Cooperation summit that it had reached numerous agreements covering various topics ranging from fentanyl to artificial intelligence. As we know from previous experience, however, when is an agreement with China an agreement?

Christopher Balding
Christopher Balding
Author
Christopher Balding was a professor at the Fulbright University Vietnam and the HSBC Business School of Peking University Graduate School. He specializes in the Chinese economy, financial markets, and technology. A senior fellow at the Henry Jackson Society, he lived in China and Vietnam for more than a decade before relocating to the United States.
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