REQUIRED IMAGE

REQUIRED IMAGE

event

Dark Clouds on the Horizon: Rising U.S.-China Frictions

Thu. July 14th, 2005
Washington, D.C.

After enjoying an unusually long period of relative stability in their bilateral relations, the United States and China now find themselves embroiled simultaneously in several serious disputes, including China’s textile and other exports to the United States, its currency and exchange rate, and its military modernization. The recent bid by a large Chinese government-controlled oil firm, the Chinese National Offshore Oil Corporation (CNOOC) for the California-based American oil company, Unocal, has added another controversial issue to the on-going debate over Washington’s policy toward China. The Department of Defense’s report on the Chinese military, to be released within weeks, is expected to highlight Washington’s concerns about the rapid increase of China’s military capabilities and strategic intentions.

How will these disputes and the way they are handled shape the strategic perspectives of the policy elites in both countries and influence medium-term U.S.-China relations? Will they adversely affect the exchange of summits between Presidents George W. Bush and Hu Jintao later this year?

To probe the contexts of these bilateral disputes and analyze their implications for U.S.-China relations, tune in for a Live @ Carnegie audiocast on July 14.

IMGXYZ403IMGZYXThree policy experts, Carolyn Bartholomew, commissioner of the Congressional U.S.-China Economic and Security Review Commission, Albert Keidel and Michael Swaine, senior associates at the China Program, analyzed the various facets of three outstanding U.S.-China issues: CNOOC’s bid for Unocal, bilateral trade, and China’s military modernization. Carnegie’s Minxin Pei moderated the discussion.

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.
event speakers

Carolyn Bartholomew

Albert Keidel

Senior Associate, China Program

Keidel served as acting director and deputy director for the Office of East Asian Nations at the U.S. Department of the Treasury. Before joining Treasury in 2001, he covered economic trends, system reforms, poverty, and country risk as a senior economist in the World Bank office in Beijing.

Michael D. Swaine

Senior Fellow, Asia Program

Swaine was a senior fellow at the Carnegie Endowment for International Peace and one of the most prominent American analysts in Chinese security studies.

Minxin Pei

Adjunct Senior Associate, Asia Program

Pei is Tom and Margot Pritzker ‘72 Professor of Government and the director of the Keck Center for International and Strategic Studies at Claremont McKenna College.