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Taiya Smith, who managed 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 Washington and Beijing should take to improve the broader bilateral relationship.
WASHINGTON, July 28—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 managed 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 Washington and Beijing should take to improve the broader bilateral relationship.
Recommendations for policy makers to effectively benefit from the dialogue:
“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.
###
NOTES
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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