May 04, 2018
U.S. talks trade with China amid broader strategic disengagement
The Trump administration’s senior economic team just wrapped up talks in Beijing to address rising U.S.–China tensions. These talks appear to have amounted largely to an exchange of views, with China, unsurprisingly, evincing little willingness to immediately address the bilateral trade deficit with the United States or curb its mercantilist economic approach.
The bottom line: The inconclusive results should not obscure a new direction in U.S. relations with China: disengagement.
In retrospect, the end of the Obama administration may represent the high-water mark of U.S.-China ties.
- Beijing’s bilateral trade with Washington reached roughly $578 billion in 2016, up from around $116 billion in 2000, while Chinese annual direct investment in the United States over the same period surged from $68 million to more than $45 billion.
Read the Full Article at Axios
More from CNAS
-
Countering China’s Red Dragon over the South China Sea
Commentary
There is little doubt that China’s maritime power has grown over the last several decades, with its fleet expected to reach 400 surface combatants by 2025. As they have develo...
By LCDR Thelmar A. Rosarda & Nathaniel Schochet
-
Beyond China's Black Box
Reports
China’s foreign and security policymaking apparatus is often described as a metaphorical black box about which analysts know little. That is true to an extent, but at the same...
By Jacob Stokes
-
The Axis of Upheaval
Commentary
The West has been too quick to dismiss the coordination among China, Iran, North Korea, and Russia....
By Andrea Kendall-Taylor & Richard Fontaine
-
AUKUS weighs expanding security pact with Japan to deter China
Podcast
Australia and the United States have deepened their commitment to countering China's growing aggression in the Indo Pacific by bringing Japan into the fold. The allies announc...
By Richard Fontaine
