A viable U.S. strategy toward China would include focusing on achieving limited goals, such as securing increased market access and IP protections, rather than trying to force a structural overhaul of the Chinese economy.
Though the United States and China are in the midst of negotiating a preliminary trade deal, the relationship continues to deteriorate as issues related to technology, security, and the two countries’ global roles remain unresolved.
In October 2019, Vice President Mike Pence, Secretary of State Mike Pompeo, and Delaware Senator Chris Coons, delivered speeches laying out their respective visions for the U.S.-China relationship. In this episode, Paul Haenle spoke with Robert Daly about American and Chinese reactions to the speeches.
Discussion of U.S.-China-Russia relations often focuses on how American policy is driving Moscow and Beijing closer together. This analysis, however, ignores important factors limiting cooperation between China and Russia and preventing the two countries from forming an alliance.
China’s economy faces uncertainty and choppy waters in the years ahead, a trend that the trade conflict with the United States seems likely to deepen.
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.
How has Beijing’s approach to multilateral institutions evolved in the seventy years since the founding of the People’s Republic of China?
Historically, China has forged its own distinctive foreign aid practices. In March 2018, Beijing established the China International Development Cooperation Agency (CIDCA) to integrate and streamline its development aid programs.
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.
The CIDCA’s highly ambitious agenda is a clear sign that, after years of considerable growth in China’s development finance, the underlying bureaucratic system is now beginning to mature. Yet key questions remain unanswered.