Aren’t China incentivised to keep running these businesses? Why the doomsday sentiment?
Right after the Biden administration has taken over, we immediately see Myanmar Coup, Russian persecution of oppositions, China sailing to Japan's Senkaku Islands, not to mention China's constant provocation in Taiwan's airspace.
They are testing the limit the Biden administration. And if it's like the Obama era, the USA won't react in any meaningful manner. The EU, which looks up to the US, can't do much.