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
-
What Kind of Great Power Will India Be? | The Quad Power
This article was originally published on Foreign Affairs.As Tellis makes clear, India’s long-held strategy of promoting a multipolar world order has become counterproductive f...
By Lisa Curtis
-
Indo-Pacific Security / Middle East Security
Ep. 45 | Global Swing States and the New Great Power CompetitionWith the future of the global order hinging on the outcome of today’s great power competition, a group of multi-aligned states has emerged with a growing ability to influence ...
By Richard Fontaine
-
Indo-Pacific Security / Technology & National Security
America’s New Plan to Defeat China in the AI Race | Trump | Xi JinpingIn an exclusive HT Podcast video interview, Vivek Chilukuri of the Center for a New American Security gives insight into the rapidly evolving global race for artificial intell...
By Vivek Chilukuri
-
Indo-Pacific Security / Technology & National Security
What It Takes to Stop the Next Salt TyphoonThis article was originally published on Just Security.Nearly a year after U.S. agencies identified one of the most severe cyber breaches of U.S. telecommunications companies,...
By Morgan Peirce