In this edition of Wilson Center NOW, Sadek Wahba, a Senior Fellow with NYU’s Development Research Institute and Chairman and Managing Partner of I Squared Capital, joins us to discuss his new paper, “Integrating Infrastructure in U.S. Domestic & Foreign Policy: Lessons from China.” The paper examines the many reasons why U.S. and Chinese infrastructure policies have diverged over the past decades. Also joining the discussion is Duncan Wood, the Wilson Center’s VP for Strategy and New Initiatives. Sadek Wahba is a member of the Wilson Center’s Global Advisory Council.
Gen. Mark Milley did not go outside the chain of command when the Joint Chiefs chairman reached out to Chinese leaders to reassure them the U.S. would not attack China in the unsteady weeks before and after the 2020 election, his office said Wednesday.
Milley, who is guaranteed another two years in his job, has faced pressure from Congressional Republicans to resign following revelations in Bob Woodward’s upcoming book Peril that the chairman took unusual steps to prevent war. Those steps included reminding flag officers of their specific roles and responsibilities if a nuclear launch were ordered during former President Donald Trump’s erratic final days in office.
Despite the increasingly tough voices over the so-called financial decoupling between China and the US, the resumption of the China-US Financial Roundtable (CUFR) may be a sign that the idea is not popular to all.
If the United States can’t prevent China from dominating Asia, then the United States loses.
Eldridge A. Colby, The Strategy of Denial: American Defense in an Age of Great Power Competition, New Haven: Yale University Press, 2021. ISBN 978-0-300-25643-7.
In a decade or so, we’ll have all the answers. Either this will be recognized as the latest age of the great American strategists following in the footsteps of Alfred Thayer Mahan and George Kennan—or we will all be speaking Chinese and bowing to the West.
America is embroiled in a challenge unseen in decades: a contest with a formidable and resourceful opponent whose geostrategic ambitions are at odds with the interests and values of the world’s democracies. The rise of China presents a profound challenge to the economic competitiveness and national security of the United States and its allies and partners. At the center of this contest is technology, a driver for economic, political, and military power. China’s leaders have made scientific and technological leadership the focus area in its drive to become the world’s economic dynamo, the power center of a new geopolitical order, and a global military leader.
Does China’s more ambitious foreign policy and bid for “national rejuvenation” come at the expense of American hegemony? It’s a question where some neoliberals and some on the anti-imperialist left converge — in opposition to Washington’s conventional wisdom.
The White House is close to announcing investigations into Chinese use of industrial subsidies, the prelude to imposition of tariffs. The probes are known as “301s”, the section of US trade law that allows them.
If you import stuff from China that gets classified as requiring Section 301 import duties, you’ll have to pay that extra margin, which means US importers must either bear the costs on to consumers. They can appeal to the Court of International Trade for a refund, which then burdens the taxpayer and incurs administrative costs.