China's Plan to Overcome the US Dollar as the Global Reserve Currency

China's long-term strategy is to be increasingly autarkic when it comes to their relationship with the West. The Chinese are still very dependent on the Americans economically, but they want to move away from that. Joe Biden has actually continued a lot of the more relatively hawkish trade policies that Donald Trump started to pursue. There's a consensus in the American power elite that perhaps the United States has become a little too dependent on China.