The Bidenomics of the US Economy

It's striking if you look at Yellen's remarks that the two statements that she's made so far, that in both cases she refers back to the Bali meeting between Biden and Xi. And twice over she said, as it were as authorized from the top down, we need to continue developing this relationship. This is our mandate to act. At the same time, however, do these countervailing tendencies, which certainly are ideological? It's also, I think, if you talk to Chinese economists very unclear whether Xi really fully realizes the seriousness of the economic crisis that China's in.