News Snapshot:
Jim O’Neill, former chief economist Goldman Sachs Group, in Italy in 2019. Alessia Pierdomenico | Bloomberg by way of Getty Photos LONDON — Joe Biden’s presidency will likely be a much bigger drawback for the Chinese language authorities than the almost 4 years of the Donald Trump administration, economist Jim O’Neill informed CNBC’s “Squawk Field Europe†on Friday. Trump took a distinct strategy to U.S.-China relations by unilaterally imposing tariffs on Beijing. The outgoing president typically took to Twitter to lambast the commerce practices of the Asian powerhouse, and he triggered a commerce conflict with China that weighed down the...
