Why Sino-U.S. Interdependence Is Not Enough

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In The Media

Why Sino-U.S. Interdependence Is Not Enough

The United States and China need to define an affirmative economic agenda to strengthen their relationship and move their economies forward.

By Evan A. Feigenbaum

Published on Jul 8, 2013

Source: CNBC

Speaking on CNBC, Carnegie’s Evan Feigenbaum stated that Sino-U.S. interdependence alone is clearly not sufficient as each country pursues regional trade treaties that exclude the other (for example, the Trans-Pacific Partnership in the United States and the Regional Comprehensive Economic Partnership in China). The challenge is for the two countries to create amuttually beneficial affirmative economic agenda. One way to do this is to focus on investments through a bilateral investment treaty (BIT) that examines issues across borders and behind borders, Feigenbaum stated, such as competition policies and subsidies.

About the Author

Evan A. Feigenbaum

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.

Recent Work

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Economy Trade Foreign Policy North America United States East Asia China

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.

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