Chinese unity. Biden handlers will approve. Biden’s handlers media will praise Biden on his unparalleled statesmanship.
I think it’s inevitable, and perhaps one could have said that 20 years ago.
Indirectly, IMO this is one reason why I believe small real estate will not undergo any downturn of size. I saw this in 2007 when I was an (unsuccessful) realtor. I saw Chinese buyers coming into the Bay Area market with such fervor in an effort to expatriate their money into US assets that they would buy anything. They would buy small multifamily that no US investor would touch because it made no economic sense. Their choice, as I suspect they saw it, was to get their money out China or see it confiscated.
I don’t think it’s any secret that the US is more or less powerless to defend or resist this kind of move, whatever form it takes. With or without Biden in office, but with Biden, it should be a cakewalk. I am certain the CCP would not want to start a war over it which could seriously escalate. Why should they? They have so far seen great success with their USA campaign, they’re just perfecting their moves.