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
-
Sharper: Allies and Partners
Commentary
Amid intensifying geopolitical challenges, the United States is finding new ways to address security issues by cultivating and strengthening alliances and partnerships. How ca...
By Gwendolyn Nowaczyk & Charles Horn
-
What Can the US Expect From Sri Lanka’s New President?
Commentary
Washington views Sri Lanka as a “lynchpin” of its Indo-Pacific strategy and seeks a partner committed to strengthening the democratic process and economic governance while pro...
By Keerthi Martyn
-
On Alliances in Northeast Asia
Commentary
For the U.S. alliances with South Korea and Japan to thrive — or merely survive — under the next administration, policy makers need to consider different options for different...
By Dr. Duyeon Kim
-
The China-Russia Entente in East Asia
Reports
Executive Summary Closer cooperation between China and Russia is a major force driving global geopolitics. But how relations between the two authoritarian powers are shaping s...
By Jacob Stokes, Evan Wright & Nathaniel Schochet
