Taking office during the worsening coronavirus pandemic, a global economic downturn and a deeply divided America, Joe Biden has his work cut out for him in 2021.
But the biggest wild card on the world stage will be Washington’s relationship with Beijing, says Dan Yergin, veteran energy industry expert and vice chairman of analytics firm IHS Markit. The world’s two largest economies clash along lines of ideology, military activity and power. Their economic interdependence and impact on the rest of the world make the stakes particularly high.
“The number one geopolitical issue is the relationship between the U.S. and China,” Yergin told CNBC’s Hadley Gamble during the Atlantic Council’s virtual Global Energy Forum on Tuesday.
To read the full article from CNBC, please click here