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.
The Indo-Pacific has emerged as the world’s economic and geopolitical center of gravity. This region has become the central theater in the competition between the United States and China to shape the course of the 21st century, while at the same time the nuclear and conventional threat posed by North Korea remains a flashpoint for major-power war. More than ever before, America’s place in the world will hinge on whether it can get the Indo-Pacific right.
On February 10, 2021, CNAS hosted a special event to explore these challenges and introduce the new CNAS Indo-Pacific Security Program. Lisa Curtis, the inaugural CNAS Indo-Pacific Security Program Director was joined by Demetri Sevastopulo, U.S.-China Correspondent for the Financial Times, for a moderated discussion. CNAS CEO Richard Fontaine provided opening remarks.
In U.S. policy debates on China, military-civil fusion (MCF) has emerged as a frequent subject of debate and concern. Once a niche topic of study among only avid watchers of Chinese military modernization and defense technological development, Beijing’s drive to break down barriers and create stronger linkages between its civilian economy and defense industrial base has started to draw considerable attention in Washington
China is pushing aggressively to be a global leader in financial technology. Over the last several years, use of mobile payment platforms has exploded in China while cash transactions have declined. At the same time, global interest in the development of central bank digital currencies (CBDCs) has also risen, with dozens of central banks now researching ways to offer digital versions of their fiat currency to ordinary citizens. The People’s Bank of China (PBOC) is leading in these efforts, aiming to release a central bank digital currency of its own. This CBDC system, which the Chinese government calls Digital Currency/ Electronic Payment (DCEP), will likely enable the Chinese Communist Party (CCP) to strengthen its digital authoritarianism domestically and export its influence and standard-setting abroad. By eliminating some of the previous constraints on government data collection of private citizens’ transactions, DCEP represents a significant risk to the long-held standards of financial privacy upheld in free societies.
Rose Gottemoeller and David J. Kramer join Andrea Kendall-Taylor and Jim Townsend to discuss priorities and approaches to the new administration’s diplomacy with Moscow. Gottemoeller is a former Deputy Secretary General of NATO, former U.S. Under Secretary for Arms Control and International Security, and a chief negotiator of the New START treaty. Kramer is a senior fellow at Florida International University’s School of International and Public Affairs, and formerly served as president of Freedom House and in several senior roles in the State Department.
On December 3, 2020, Joshua Fitt, a Research Associate with the CNAS Asia-Pacific Security Program, appeared on i24 News to discuss the intelligence challenges posed by Beijing as the incoming Biden administration prepares to take office.
The next National Defense Strategy should reconceptualize the military challenges China and Russia pose by moving beyond “anti-access/area-denial” or A2/AD. Instead, it should adopt the concept of exploiting temporal advantage, or ETA, as a framework for understanding these challenges.