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December 2020 Update - U.S.-China Economic Report Cathay Bank | UCLA Anderson Forecast U.S.-China Economic Report December 2020 The election is over with and there will be a change in administrations come January 20th. However, that does not eliminate all of the uncertainty with respect to U.S. economic policy. There could well be a divided Congress, and the outgoing administration may have some new directives that were not previously forecast. However, over the past two years, in a country that has harbored divided views on domestic policy, a rare consensus on a fundamentally changed view of U.S. economic engagement with Beijing has developed.

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