Here at our CUSEF blog, we share news, updates and stories about China and the United States – the two most important nations of the world. We provide more than a cursory glimpse of what’s going on between the two powers - here, we offer an in-depth look into their current state of affairs.

News Highlights

CUSEF Opinion Tracker | Jun 16, 2020

2020-06-16
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What are people talking today

  • The Great Decoupling? What's Next for US-China Rift
    Brendan Murray
    | Bloomberg
    "The so-called “China + 1” sourcing strategy adopted by many non-Chinese companies accelerated during the trade war. Factories did leave China, but they moved to other countries rather than “reshoring” to America’s industrial heartland. For example, the U.S. has increasingly turned to Mexico for imports of technology-intensive products including electrical machinery and to Vietnam for toys, furniture and footwear. Still, China remains the dominant foreign supplier of those products, accounting for more than three-quarters of American toy imports."
  • How the Coming Crash in the Dollar Will Unfold
    Stephen Roach
    | faculty member at Yale University & former chairman of Morgan Stanley Asia
    "My forecast that a 35% decline in the value of dollar could well be in the offing is couched in terms of the comparison between the U.S. and the currencies of a broad basket of America’s trading partners. Individual components in this basket are weighted by country-specific trade shares with the U.S. and expressed in real terms to capture shifting inflation differentials."
  • Why a US-China Détente Is Coming in 2021: The Biden Factor
    Dingding Chen
    | Professor of International Relations at Jinan University, Guangzhou, China and Non-Resident Fellow at the Global Public Policy Institute (GPPi) Berlin, Germany
    "Biden’s China policy will be more rational and pragmatic than that of Donald Trump. Biden will not be as unilateral in his foreign policy as Trump either. Moreover, in contrast to Trump’s harsh treatment of U.S. allies, Biden has placed greater emphasis on dealing with the challenges posed by China’s rise through closer political coordination with American partners and traditional allies within multilateral frameworks such as NATO, the Group of Seven, and others among Indo-Pacific countries."
  • The Bothersome Problem of China in the Anglo-American Alliance
    Oliver Yule-Smith
    | War on the Rocks
    "The United Kingdom is not a pivotal actor in the great competition between the mighty U.S. and Chinese behemoths. However, U.S. policymakers should not just cut Britain adrift simply because it wants to define a new — not necessarily American — approach toward China. Instead, they should look hard at areas of constructive cooperation with Britain. They should do this not only because Britain has been the most stalwart supporter of U.S. foreign policy goals in the 20th and 21st centuries, but because it has the potential to assist the United States enormously."
  • Europe as a Neutral Giant?
    Joseph de Weck
    | Fellow in the European Security Initiative at the Foreign Policy Research Institute
    "Should the notoriously squabbling Europeans—stuck between an inward-looking United States and a rising China—drop their geopolitical ambitions and go Swiss? But fully embracing the Swiss option has one big flaw for Europeans: You can only be neutral if you don’t rely on anyone else for security. This is why the Swiss still maintain one of the world’s largest conscription armies. It also explains why Switzerland is a member of neither the EU nor NATO. The EU’s members would thus have to turn their back on the transatlantic defense alliance."
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