Bay Area, the 17th largest economy in the world, is the home to world-leading universities and many of the world’s most highly capitalized companies, technology leaders and thousands of innovative startups. Many of those companies are global, and active in both trade and investment. The Bay Area is also an historic gateway to China, with the oldest and largest Chinese population, cultural fluency, and deep university and business ties witnessed by venture flows, R&D, and large numbers of Chinese students who study at Bay Area universities. Ripples in the US-China economic relations are felt throughout the region, and the trade war launched in 2016 by the Trump Administration and the subsequent deterioration in political relations have been damaging. The Biden Administration has brought policy change, but how much?