As global stock markets gyrate in response to mounting economic tensions between Washington and Beijing, the specter of a U.S.-China Cold War looms large. The intensifying rivalry between Washington and Beijing has already provoked a wave of anxiety among former officials, academics and pundits. Former U.S Treasury Secretary Henry Paulson warns that America’s tougher approach risks creating a new "economic iron curtain." Financial Times columnist Martin Wolf says it could turn “a manageable, albeit vexed, relationship into all-embracing conflict, for no good reason.”
The alarmists have it wrong. As China has become more repressive at home and assertive abroad, the United States needs more Cold War thinking — not less. It is imperative that Washington learn the lessons from the Cold War, both positive and negative, in order to rise to the challenge that Beijing poses to American security, prosperity and values.
Read the full article in USA Today.
More from CNAS
Executive Summary China and North Korea pose intertwined challenges for U.S. and allied policy. The Korean Peninsula constitutes just one area among many in U.S.-China relatio...
By Jacob Stokes
CommentaryThe Biden administration just stalled China’s advance in the Indo-Pacific
Australia, by intensifying the military competition with China, could tee up a chain of as yet unforeseen events....
By Robert D. Kaplan
CommentaryChina tariff policies flounder without a strategy
The White House ought to be asking a series of questions. What problem are we responding to? What are we trying to achieve? How will 301s and tariffs further that?...
By Van Jackson
CommentaryNeoliberals, Anti-imperialists, and the China Question
If there are arguments to be made in favor of cooperation with China, or to justify not sweating China’s accumulation of power, they’re probably best made on grounds other tha...
By Van Jackson