Sensitivities and suspicions between Washington and Beijing have heightened as China’s global power and influence have grown. Arguably, this new international order could increase the chances of a political-military crisis—or perhaps outright conflict—between the two powers.
Source: Washington
Sensitivities and suspicions between Washington and Beijing have heightened as China’s global power and influence have grown. Arguably, this new international order could increase the chances of a political-military crisis—or perhaps outright conflict—between the two powers. Managing Sino-American Crises brings together Chinese and American officials and participants in past confrontations, as well as scholars from both countries, to explore the changing features of crisis behavior and their implications for defusing future encounters. Using both conceptual analysis and historical case studies, the essays in this volume identify specific problems and opportunities that will likely confront both countries in the future and propose recommendations that will improve the effectiveness of crisis management skills between the United States and China.
About the Authors
Michael D. Swaine is a senior associate with the China Program at the Carnegie Endowment for International Peace.
Zhang Tuosheng is director of the research department and senior fellow at the China Foundation for International and Strategic Studies.
Danielle F. S. Cohen was a junior fellow with the China Program at the Carnegie Endowment for International Peace from 2005-2006.
"This is an important and timely book that sheds new light on what will be the most important strategic relationship of the 21st century. By examining the similarities and divergence between Chinese and American approaches to crisis management over the past fifty years, this study produces insights which could literally mean the difference between peace and war in future crises. The rich historical detail, combined with the unique perspectives of both practitioners and scholars, make this volume invaluable for both policymakers and students of US-Chinese relations."
—James B. Steinberg, Dean, Lyndon B. Johnson School of Public Affairs, The University of Texas at Austin, and former deputy national security advisor to President Bill Clinton
"This volume is rich in insights ... Swaine's essays, and the case studies that they bracket, deserve a wide audience and careful consideration within China and without."
—The China Quarterly
Former 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.
Tuosheng Zhang
Danielle F.S. Cohen
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.
China’s banking crisis in the 2000s was resolved by transferring the costs to households through financial repression—a decision that recapitalized the banks while exacerbating the structural imbalances that continue to shape the Chinese economy today.
Michael Pettis
Chinese biotech companies have been on the receiving end of U.S. economic coercion. Yet their responses have differed significantly because firm and state interests are not uniformly aligned. For Washington, treating all Chinese tech firms the same, irrespective of their actual interests, risks pushing them farther into Beijing’s corner.
Xue Gong
Over the past decade, China has moved from marginal player to major producer of all things batteries. The United States, Europe, and others are aiming to balance the market.
Milo McBride
China’s latest energy plan explicitly calls for integrating data centers into the electricity system, particularly connecting them to green energy. It appears Beijing wants to use compute as a source of domestic demand to absorb renewables excess capacity.
Damien Ma
Is the Gulf moving beyond the dollar? This article examines how China is expanding the renminbi's role across Gulf markets, what that means for regional finance, and why the future of global currencies is more complex than the de-dollarization debate suggests.
Andrew Bonney
