1. US-China Economic Relations Under Pressure From COVID-19
- Author:
- Christopher A. McNally
- Publication Date:
- 06-2020
- Content Type:
- Commentary and Analysis
- Institution:
- East-West Center
- Abstract:
- With both the US and China facing a long economic slowdown, the bilateral relationship between the globe's two largest economies faces massive challenges. Making matters worse, Washington and Beijing have attempted to divert domestic attention away from their own substantial shortcomings by blaming each other. Given the economic uncertainty, each side has limited leverage to force the other into making concessions. Harsh rhetoric only serves to inflame tensions at the worst possible time. For better or worse, the US and China are locked in a messy economic marriage. A divorce at this time would exact an enormous cost in an already weakened economy.
- Topic:
- Foreign Policy, Bilateral Relations, Economy, and COVID-19
- Political Geography:
- China, Asia, North America, and United States of America