In Washington, there is no longer widespread support for engagement with China, while in Beijing, debates over the role of the state in the economy, driven by a fear of falling into the middle-income trap, are limiting progress in implementing economic reforms.
President Trump’s use of tariffs has hardened Chinese views and limited Beijing’s ability to make concessions, even if they are in China’s self-interest, without appearing weak.
In this podcast, Paul Haenle spoke with Jia Qingguo, professor at and former dean of the School of International Studies at Peking University, about the many factors hampering trade negotiations and the deeper structural issues in the U.S.-China relationship.
In this episode, Paul Haenle spoke with Evan Medeiros, former special assistant to the president and senior director for Asian affairs at the National Security Council, on escalating tensions between Japan and South Korea and the implications for the United States and China.
Given the difficulty of achieving the complete denuclearization of North Korea in the near term, the United States and its allies in the Asia-Pacific have strong incentives to continue building their missile defense capabilities.
The notion that Beijing has become a strategic rival does not ring true for many across the United States. However, policymakers in Washington are pushing a more confrontational approach to the bilateral relationship.
In threatening to restrict the export of rare earth metals to the United States, China wants to demonstrate that it has leverage over the United States and an ability to respond with commensurate countermeasures if the need arises.
Many hailed the informal Wuhan summit between President Xi and Prime Minister Modi last April as the beginning of a new chapter in China-India ties. However, relations between the world’s two most populous countries remain tense.
As China’s presence in the region grows, it will be difficult for Beijing to maintain strong economic ties while avoiding taking sides on political issues. Whether or not it can remain a neutral party is an open question going forward.
It is far too early to declare the “death” of the Belt and Road Initiative. Such assessments are premature, and fail to recognize the importance of the BRI to the leadership in Beijing.