Cathay Bank and UCLA Anderson Forecast present a U.S. Economic Outlook & U.S./China Economic Relations
As we enter 2021, we continue to see the impact of COVID-19 on the national and local economies in the United States, and repercussions on countries across the globe. After a partial reopening of the U.S. economy, unemployment rates remain high, COVID-19 cases are spiking once again, and there is uncertainty about the post-election U.S./China policy.
Though the majority party in the U.S. Senate has yet to be decided, an incoming Biden administration is developing a pandemic plan, reports on a vaccine are encouraging, and Wall Street is optimistic. Do these translate into faster economic growth? What does a Biden administration mean for U.S./China trade? Will international tourism and education come back in 2021?
The UCLA Anderson Forecast presents its preliminary assessment of these questions and Biden economic policy in the Dec. 3-4 virtual webinar recordings below.
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