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Source: Getty

In The Media

Why the United States, China Need a ‘Track Record of Success’

While China’s increasing regional assertiveness is bleeding over into U.S.-China relations, the two countries also have many opportunities for greater economic cooperation.

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By Evan A. Feigenbaum
Published on Jul 8, 2014
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Asia

The Asia Program in Washington studies disruptive security, governance, and technological risks that threaten peace, growth, and opportunity in the Asia-Pacific region, including a focus on China, Japan, and the Korean peninsula.

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Source: CNBC

Carnegie’s Evan Feigenbaum appeared on CNBC to discuss the upcoming Strategic and Economic Dialogue and the future of U.S.-China relations. Feigenbaum emphasized that, in contrast to earlier great-power relationships, the U.S.-China relationship combines elements of both cooperation and competition. While China’s increasing regional assertiveness is bleeding into U.S.-China relations, Feigenbaum suggested that the two countries have many opportunities to build on their “track record of success” in the economic sphere. In particular, he noted that the negotiations over the Bilateral Investment Treaty are a key area of opportunity going forward. Further, although cybersecurity is currently an area of contention, China’s shift toward a more innovation-driven economy will create more common ground with respect to intellectual property rights in the future. Resolving structural challenges within the United States and China, while in each country’s self-interest, may also serve as common ground for greater economic cooperation, he concluded. 

This interview originally appeared on CNBC.

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.

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Evan A. Feigenbaum
Vice President for Studies
Evan A. Feigenbaum
EconomySecurityForeign PolicyNorth AmericaUnited StatesEast AsiaChina

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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