Coronavirus Solidifies US-China Decoupling   [open pdf - 0B]

From the Abstract: "With the shift of Washington's China policy from one of engagement to aggressive containment under the Trump administration, some fear the coronavirus crisis will accelerate the 'decoupling' between US and China and lead to greater risk of war between the world's biggest powers. As the Chinese economy is reeling from a de facto quarantine and blockade due to the epidemic and US hawks continuing a policy of 'maximum pressure' through tariffs and sanctions, US-China ties seem headed towards a split of the global economy into mutually exclusive American and Chinese spheres of influence that resembles the pre-1914 environment. Subsequently war broke out due to German fears of being in a position where their power would not strengthen in the future and 1914 was their maximum moment. If Beijing perceives Washington is determined to exclude China from prosperity and keep it down, there is a risk this could also be perceived as her 'maximum moment.'"

Report Number:
Issue No. 672
Institut für Strategie- Politik- Sicherheits- und Wirtschaftsberatung ISPSW
Retrieved From:
Institute for Strategic, Political, Security and Economic Consultancy (ISPSW): https://www.ispsw.com/
Media Type:
Help with citations