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Wednesday, July 7, 2021

Rising to the Challenge of China

FARAH STOCKMAN- POSTED ON March 18, 2021

https://www.nytimes.com/2021/03/18/opinion/biden-china.html?searchResultPosition=4

President Biden wasted no time in reversing some of the most damaging foreign policy decisions of the Trump era, rejoining the Paris climate accord and the World Health Organization on his first day in office. But there is one Trump policy that Mr. Biden is in no hurry to repudiate: tariffs on Chinese goods.
The Biden administration has not only left the tariffs in place, but it has also placed even stiffer restrictions on companies that sell to Huawei, the Chinese telecommunications equipment giant labeled a national security threat by the Trump administration.

China Has Risen.’ And It Is Hungry for Competition

 FARAH STOCKMAN- Posted on June 30, 2021

When the Soviet Union crumbled in the 1990s, Americans did a victory lap that lasted for decades. We saw it as the triumph of capitalism over communism, freedom over authoritarianism, democracy over one-party rule. We assumed that the game was over and that we had won. We had reached “the end of history.” We thought that it was only a matter of time before China, which had already embraced some free-market reforms, transitioned to a system just like ours. Americans normalized trade with China and waited patiently for the “Chinese Gorbachev.” If you’re still out there waiting, don’t hold your breath.