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The chapter examines what it defines as President Biden’s “dual-track” strategy for addressing the United States’ power competition with China, focusing on industrial policy and international alliances. First, it considers the first track, which involves revitalizing US primacy in manufacturing, innovation, and clean energy through initiatives, such as the Bipartisan Infrastructure Law, the Inflation Reduction Act, and the CHIPS and Science Act, while expanding Trump-era restrictions on China’s access to US advanced technologies. The chapter then explores the second track, focusing on plurilateral alliances, such as the Quad and AUKUS, in geopolitics, as well as multilateral initiatives like the B3W and IPEF, which aim to counter China’s Belt and Road Initiative, in geoeconomics.

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Biden’s Dual-Track Policy of Competing with China

  • 章节

  • 发表日期：

    2026年

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  • Sergey Smolnikov

摘要

The chapter examines what it defines as President Biden’s “dual-track” strategy for addressing the United States’ power competition with China, focusing on industrial policy and international alliances. First, it considers the first track, which involves revitalizing US primacy in manufacturing, innovation, and clean energy through initiatives, such as the Bipartisan Infrastructure Law, the Inflation Reduction Act, and the CHIPS and Science Act, while expanding Trump-era restrictions on China’s access to US advanced technologies. The chapter then explores the second track, focusing on plurilateral alliances, such as the Quad and AUKUS, in geopolitics, as well as multilateral initiatives like the B3W and IPEF, which aim to counter China’s Belt and Road Initiative, in geoeconomics.