Biden’s Nominee Vows Tough Policy on China
WASHINGTON (Reuters) -- Wally Adeyemo, President Joe Biden’s nominee for the No. 2 job at the U.S. Treasury, on Tuesday said Washington should work with allies to hold China accountable to international rules to ensure a level playing field for companies in the United States and elsewhere.
"China is our top strategic competitor,” Adeyemo told a confirmation hearing before the Senate Finance Committee. "Where China is not willing to play on a level playing field, it’s important that we hold them accountable in the international system,” Adeyemo said.