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Wally Adeyemo, Joe Biden’s pick for Treasury No 2 urges get-tough attitude on China

Wally Adeyemo, President Joe Biden’s nominee for the No 2 job at the US Treasury, said on Tuesday that Washington should work with allies to hold China accountable to international rules to ensure a level playing field for companies in the United States and elsewhere.“China is our top strategic competitor,” Adeyemo told a confirmation hearing before the Senate Finance Committee.“Where China is not willing to play on a level playing field, it’s important that we hold them accountable in the…Wally Adeyemo, President Joe Biden’s nominee for the No 2 job at the US Treasury, said on Tuesday that Washington should work with allies to hold China accountable to international rules to ensure a level playing field for companies in the United States and elsewhere.“China is our top strategic competitor,” Adeyemo told a confirmation hearing before the Senate Finance Committee.“Where China is not willing to play on a level playing field, it’s important that we hold them accountable in the…Read MoreSouth China Morning Post