As the new Biden administration takes office, its response to China's diplomatic stance will greatly influence the US-China relations in the upcoming four years.
Although the US sanctions on Huawei have slowed down the company's growth in some markets, the effects on Huawei’s smartphone business are still debatable.
As a major part of China's National Innovation System reorientation, the transitioning role of the government has brought out structural challenges in public-private relations.