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You searched for: Content Type Commentary and Analysis Remove constraint Content Type: Commentary and Analysis Publishing Institution East-West Center Remove constraint Publishing Institution: East-West Center Political Geography North America Remove constraint Political Geography: North America Publication Year within 1 Year Remove constraint Publication Year: within 1 Year Publication Year within 10 Years Remove constraint Publication Year: within 10 Years Topic Economy Remove constraint Topic: Economy
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  • Author: Christopher A. McNally
  • Publication Date: 06-2020
  • Content Type: Commentary and Analysis
  • Institution: East-West Center
  • Abstract: With both the US and China facing a long economic slowdown, the bilateral relationship between the globe's two largest economies faces massive challenges. Making matters worse, Washington and Beijing have attempted to divert domestic attention away from their own substantial shortcomings by blaming each other. Given the economic uncertainty, each side has limited leverage to force the other into making concessions. Harsh rhetoric only serves to inflame tensions at the worst possible time. For better or worse, the US and China are locked in a messy economic marriage. A divorce at this time would exact an enormous cost in an already weakened economy.
  • Topic: Foreign Policy, Bilateral Relations, Economy, COVID-19
  • Political Geography: China, Asia, North America, United States of America