
Currency hedging & Inflation predictions September 17, 2026 What’s changed: Asia CEOs and managers discussed how they are managing a...

‘Biden understands the national mood and consensus that China represents a threat to the US rather than an opportunity – and that constrains his flexibility on what he can do.’
‘The Biden team is better at ‘quiet diplomacy’ because there are more long-term players. They’re not necessarily smarter but are more experienced.’
‘What is being done is an attempt to turn China into a focal point of foreign policy, particularly for the Asian region – but not make it a focal point for activity. Japan policy, Korea policy, SE Asia policy all come from China policy. But they will not lead to intense direct engagement with China.’
While upholding Trump-era tariffs and sanctions, the Biden administration has made a nuanced shift towards ‘competitive co-existence’; a move away from outright antagonism. While this recalibration may take a backseat to pressing domestic issues, there is a strong undercurrent to achieve supply chain independence from China, which will reshape global trade dynamics. The technological rivalry, particularly in semiconductors and AI, is at the forefront of this strategic game. Re-engagement with ASEAN and a potential free trade deal with Taiwan add layers to the complexity. In this evolving geopolitical landscape, Biden’s preference for ‘quiet diplomacy’ and alliance-building is more than a policy choice; it’s a strategic imperative for the US to maintain its influence in Asia Pacific.
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