Cold War II: China vs. The United States
May 1st, 2021 | By Dr. Jim Eckman
Over the last decade, the West has seen China emerge as a formidable economic power; its GDP is second only to the United States. When Western leaders welcomed China into the world trading system in 2001, many believed that China would automatically become freer as it became richer. When that did not occur, the Trump administration believed that coercion, high tariffs and sanctions would change China’s behavior. That has not worked either. Few doubt that the greatest foreign policy and economic challenge facing the US is China. How should we think about the growing economic powerhouse, which also seeks military domination of Asia as well?