An interpretation of Biden administration's China Policy

Because of a heavy snowfall, US President Biden canceled his planned speech on foreign policy at the State Department on February 1 local time, missing a big play of almost simultaneous dialogue between China and the United States across the Pacific Ocean. However, Biden's speech followed that of Yang Jiechi. On the afternoon of the 4th local time (Beijing time, 5th), US President Biden delivered his first foreign policy speech since taking office. Through his speech, we can interpret the US government's China policy in the future.
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China Policy under pragmatism philosophy will restart Sino US cooperation and make Sino US relations turn around
Different from the trump administration's "retreat" and "breach of contract" everywhere and its pursuit of absolute unilateralism and radical isolationism, Biden's speech emphasizes the theme of "America is back", which means that the United States will play a leading role again, "the United States can no longer be absent from the world stage", and "the United States has quickly taken action and begun to resume its participation in international affairs" To regain leadership. The United States will return to actions such as the Paris climate agreement and who. Biden's speech is not so much a reversal of Trump's foreign policy as a kind of callback. It is a revision of Trump's foreign policy by the American elite establishment.
In the face of solving the global climate problem, coping with the global epidemic and economic recovery, Iran and North Korea nuclear issue, and so on, if the US government does not cooperate with China, it will be difficult for the US government to achieve practical results. I believe Biden has also seen that even the United States itself cannot do without the help of China. In 2020, the volume of Sino US trade in goods will be more than 580 billion US dollars, with a year-on-year growth of more than 8%. Among them, China's imports from the United States will be more than 130 billion US dollars, with a year-on-year growth of nearly 10%. This is a result achieved under the dual background of Sino US trade war and epidemic situation. This is not something that trump can do immediately by saying "decoupling" from China.
Biden said: "in the interests of the United States, the United States is also ready to work with China." This shows that the Biden administration has seen the cooperative side of Sino US relations, which provides space for improving Sino US relations in the future.
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The Biden administration still regards the Sino US contradiction as a structural one, and we need to have a clear understanding
Yang Jiechi, member of the Political Bureau of the CPC Central Committee, said four never's in his speech on the current situation and prospects of Sino US relations on February 1: "China never interferes in the internal affairs of the United States, including the general election, never exports its development model, never engages in ideological confrontation, never seeks to challenge or replace the status of the United States, and has no intention of dividing its sphere of influence.". However, we can see from Biden's speech that some people in the US still regard China as a major strategic competitor or even a competitor. Biden called China the "most serious competitor" of the United States.
Where is "grim"? In 2014, China's GDP reached the warning line of 60% of the U.S. GDP for the first time. After the impact of the epidemic in 2020, China's GDP proportion rose to 70%. The IMF recently raised its forecast for China's economic growth, which is expected to grow by 8.1% in 2021gdp. Coincidentally, research reports published by the Japan Economic Research Center and the UK think tank economic and business research center all said that China will surpass the United States and become the world's largest economy as soon as 2028, 5-8 years earlier than the previous forecast. And that's probably the last thing America wants to see.
No matter how the Chinese government expresses its goals and policies, the United States regards China as the most likely competitor to challenge its hegemony. The nature of "the most severe" is the nature, and the positioning of "competitors" is the positioning of structural framework. The interests of the United States have always been the top priority of the foreign policies of the governments of all walks of life in the United States. We should not be too optimistic about Biden's China policy, which has two sides. We should have a clear understanding of this.
Otherwise, the policy and response will be out of place.