News Snapshot:
A business street in Beijing. U.S. lawmakers could introduce China-related legislation in coming weeks. Wang Zhao/AFP via Getty Images Pushing back against China’s rise as a strategic competitor is one issue that may be able to draw bipartisan support—enough so that Congress could introduce the first comprehensive package of China-related legislation in coming weeks. That creates opportunities for investors—but also possible pitfalls. The early signals from the Biden administration confirms the view the U.S.-China relationship has been fundamentally changed in recent years amid a bipartisan recognition the ideological differences between the two countries is only widening and the U.S. needs...
