The Biden-Xi meeting resulted in minor agreements. It failed to reset the U.S.-China rivalry — because the two countries can’t be reconciled.
U.S.-China Relations
If the U.S. intends to halt China’s push for the autarkic mastery of critical technologies, the October 2022 export ban won’t be enough.
A Vivek Ramaswamy foreign policy would undermine fundamental U.S. alliances and reward non-allies like India and Russia.
China has responded to U.S. sanctions by expanding its own sanctions toolkit and designating American companies as “unreliable.”
China is now adopting a more proactive and confident diplomacy to counter U.S. encirclement, including by boosting diplomacy.
China’s gallium and germanium exports restrictions will likely lead to higher prices, longer delivery times, and more expensive electronics.
U.S.-China technological decoupling raises serious concerns about global growth in the short and long term.
A Chinese invasion of Taiwan would bring the semiconductor industry to a halt and send inflation soaring worldwide.
The debate on what a rising India means for the U.S. and the future of the world order has renewed as Modi visits Washington.
The latest Discord leaks reveal how India and Pakistan are trying to maneuver amid the Russia-Ukraine war and growing U.S.-China competition.