The United States is cracking down on China in an attempt to create a more favorable balance of trade. Other concerns include continuing Chinese thefts of intellectual property and the imposition of technology transfer requirements to do business in China. The U.S. seeks to frustrate China’s program to achieve dominance in a range of advanced technologies. And it wants to cripple Huawei, the telecoms giant, which it sees as a potential security threat.
Both parties have instituted punitive tariffs, and both are feeling the impact. China is struggling to maintain its growth rate, yet is still projecting strength as a social, political, and economic leader on the world stage by building ports and bridges all over the world and developing military technology capable of denying the U.S. access to the South China Sea and Taiwan Strait. If successful, Beijing’s ambitious projects and advanced AI and cyber weapons could put Washington on its heels.
Are recent U.S. policies tough and focused enough to achieve key economic and strategic objectives? Or will U.S. policy escalate tensions too much, ultimately reducing the chances that the world’s two major powers can achieve a sensible accommodation?
- The prospect of China becoming an open and liberal state is now seemingly a fantasy, and recent U.S. policies are finally responding to the threat China poses to the West.
- The U.S. is getting tough on China’s rampant intellectual-property theft and unfair trade practices through tariffs.And it’s working: China’s economic growth is at its lowest in decades.
- China is developing advanced cyber weapons capable of cutting off U.S. access to strategic waters in the region. The U.S. must respond with strength to maintain its global power.
- The United States and China are great competitors – not enemies. It is a mistake to label China as such, particularly when the two countries have economies that are inextricably linked.
- Current tariffs and trade policies are not productive: They are hurting American workers, slowing the global economy, and, some argue, benefiting China more than the United States.
- In getting tough on China, the U.S. is dangerously increasing the risk of escalating tensions. And a miscalculation could lead to unwanted conflict.