In CCBJ Article, Tatman Savio and Clete Willems Discuss US-China Relations

Corporate Counsel Business Journal has featured Akin Gump international trade partner Tatman Savio and public law and policy partner Clete Willems in the article 'Navigating the Complex Relationship Between the U.S. and China.' In this Q&A, Savio and Willems discuss the current state of U.S.-China relations, what will or will not be different under the Biden-Harris administration, and how businesses and investors in the region should proceed going forward.

Willems began by sharing his thoughts on the transition from the Trump administration to that of his successor, stating that he thinks 'there will be a similar policy trajectory.' While President Biden has overturned many of former President Donald Trump's policies, notably absent, Willems said, 'are any efforts to overturn Trump administration actions toward China.'

For those looking to make potentially costly business decisions amid the uncertainty that has developed in the relationship between Washington and Beijing, Savio indicated pointed out that there are 'a multitude of opportunities in the Chinese market, as well as entrenched business relationships between U.S. companies and Chinese companies that remain important.'

Other topics discussed in the article include:

• How investors and companies can best navigate the rocky relationship between the two countries without taking on too much risk.
• The lasting impact of China's new rules on foreign sanctions to allow Chinese citizens or companies to sue for compensation in Chinese courts.
• One piece of advice for nervous investors and businesses focused on the region.

To read the article in its entirety, please click here.