As Biden takes office, US still viewed as ‘grey rhino’ risk for Chinese economy

The outlook for China-US trade ties under a Joe Biden presidency has been met with mixed views by Chinese economists, with some saying the United States remains the nation’s biggest “grey rhino” – a very obvious yet ignored threat – in terms of economic risk this year.Biden, who was sworn in as the 46th US president on Wednesday, inherits a bilateral relationship at historic lows and many economists are hoping he can reverse the course set by former president Donald Trump, who launched a…

This post was originally published on South China Morning Post.