During his term as US president, Donald Trump employed an economic and foreign policy that challenged globalization in an attempt to stem the rise of Chinaโbut that did not prevent Beijing from taking its own steps toward multilateralism, free trade, and economic liberalization. The Regional Comprehensive Economic Partnership (RCEP) and the Sino-European Comprehensive Agreement on Investment (CAI) are indicative of this. President Biden will govern in a world in which Cold War frameworks do not apply. When looking for partnerships with allies to restrain Chinaโs influence, he will encounter Beijingโs deep engagement in a globalized international environment.