US-China Relations: Successes, Failures, and Future Challenges
TL;DR Summary
The article discusses three major US bets on China—Nixon's opening, Clinton's WTO entry, and Trump's tariffs—all of which backfired or had unintended consequences, leading to a complex and ongoing geopolitical and economic rivalry. The latest US strategy involves industrial policy to outcompete China, but experts warn it may lead to negative economic outcomes.
Topics:world#china-wto-accession#nixon-china-policy#tech-rivalry#us-china-relations#us-china-trade-war#world
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