While the United States and China—the world’s two largest economies—are becoming increasingly interdependent, there is a growing risk of misunderstanding or even clashes. In a new paper, Taiya Smith says the two powers need a dialogue to provide strategic vision to their relationship.
Smith, who led the U.S.-China Strategic Economic Dialogue for Treasury Secretary Paulson, draws on examples from her experience to analyze the recent history of strategic dialogues and recommends steps for Washington and Beijing to take to improve the broader bilateral relationship.
“What the U.S.-China relationship needs is a truly strategic discussion to steer a critically important, yet increasingly complex, bilateral relationship while still managing the time-sensitive issues of the day,” writes Smith.
The Carnegie Asia Program in Beijing and Washington provides clear and precise analysis to policy makers on the complex economic, security, and political developments in the Asia-Pacific region.
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