Evan A. Feigenbaum
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}Source: Getty
U.S.-China Trade Conflict Is New Status-Quo
Both the United States and China are coming out of political transitions to face endemic trade conflicts and domestic structural adjustments.
Source: CNBC
Speaking on CNBC, Carnegie's Evan Feigenbaum explained that both the United States and China are at an important moment in their economic relationship. He argued that trade conflict is endemic in the current U.S.-China relationship. However, he added, both countries are also facing domestic structural adjustments that, if dealt with separately, could help the two economies reach a more complimentary place.
About the Author
Vice President for Studies
Evan A. Feigenbaum is vice president for studies at the Carnegie Endowment for International Peace, where he oversees work at its offices in Washington, New Delhi, and Singapore on a dynamic region encompassing both East Asia and South Asia. He served twice as Deputy Assistant Secretary of State and advised two Secretaries of State and a former Treasury Secretary on Asia.
- Is the Shanghai Cooperation Organisation Performance Art or Meaningful Collaboration?Commentary
- In Its Iran War Debate, Washington Has Lost the Plot in AsiaCommentary
Evan A. Feigenbaum
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie China
- The Spring and Autumn of Chinese PoliticsCommentary
China’s political future will be shaped between now and next October. As the Communist Party enters its intense “campaign season” to prepare for a major political transition in 2027, reading Beijing's actions and responses may become more difficult as domestic politics weigh on its behavior more than usual.
Damien Ma
- Can China Turn Its Small Modular Reactor Ambitions into Commercial Reality?Article
China has showcased its engineering prowess with small modular reactor demonstration projects. But turning these technological achievements into commercial success will be a greater challenge.
Tong Zhao
- The Plaza Accord and Its Relevance for ChinaCommentary
The Plaza Accord was not an externally imposed punishment of Japan but part of a broader restructuring that Japanese economists and policymakers themselves recognized was necessary. Its effects were undermined, however, when Tokyo responded to the resulting slowdown with policies that exacerbated investment, credit expansion, and the very imbalances the adjustment was intended to resolve.
Michael Pettis
- Untangling the Nuclear Knot: A Constructive Agenda for Managing China’s Nuclear Relations with the United States and Its AlliesPaper
The nuclear relationship between China and the United States is increasingly shaped by widening perception gaps rather than deliberate strategic design.
Tong Zhao
- Who Paid for China’s Last Debt Cleanup, and Who Will Pay for the Next?Commentary
China’s banking crisis in the 2000s was resolved by transferring the costs to households through financial repression—a decision that recapitalized the banks while exacerbating the structural imbalances that continue to shape the Chinese economy today.
Michael Pettis