Carnegie Endowment for International Peace
As the trade war between China and the United States intensifies, supply chains are starting to see the impact. But U.S. protectionism may be backfiring.
The world is watching as China hardens its foreign policy stance. As some countries begin to push back, the United States should bring these countries together to address their shared concerns.
Carnegie’s Yukon Huang and Michael Pettis will debate China’s growth prospects and economic policy trajectory, including the roles of the state and private sector and potential shifts in the growth model in a time of crisis.
The Chinese handling of the COVID-19 crisis clearly shows both the strengths and weaknesses of Beijing’s crisis management system. While the system remains excessively bureaucratic and consensus-driven, it also has standard, thorough, and well-organized crisis management practices that, once set in motion, in general operate very effectively.
Not enough commentary has focused on the extraordinary diversity of China’s international posture these days.
The conventional wisdom was that China would seek an expanded regional role but would defer to the distant future any global ambitions.
As nations confront the pandemic, rumors of Kim Jung-un’s death and a flurry of North Korean missile tests injected even more uncertainty in the international landscape. How do views in Washington, Seoul, and Beijing differ or align on North Korea?
The only solution, victims of this virus assert, is to isolate and weaken Beijing and intimidate it with massive levels of defense spending, the go-to solution for virtually all of the United States’ foreign policy ills.
As the officials, almost all civilians, discussed the options, they turned to the U.S. military representative at the meeting for his view of the proposed new bombing campaign.
While the Trump administration is consumed with the coronavirus, China and North Korea are seizing the moment for strategic advantage.