The Economist (May 3)
“Relations between America and China are at a low ebb. Tariffs of well over 100% on both sides have severed trade. Each is striving to dominate 21st-century technologies such as artificial intelligence (AI). A massive military build-up is under way. In the previous cold war such rivalries came to a head over flashpoints like the Berlin airlift and the Cuban missile crisis. Today American resolve is likely to be tested over Taiwan—and sooner than many think.”
Tags: AI, Berlin airlift, China, Cold war, Cuban missile crisis, Dominate, Flashpoints, Low ebb, Military build-up, Relations, Resolve, Rivalries, Severed trade, Tariffs, Technologies, Tested, U.S.
New York Times (August 25)
“Given the war in Ukraine, the risks of a larger war in the Middle East and China’s accelerating challenge to American primacy, Europe needs the United States more than it has since the end of the Cold War. And America still has a unique and valuable asset that its growing list of rivals and adversaries don’t: reliable allies and partners in Europe.” No two ways about it: “America and Europe need each other.”
Tags: Adversaries, Allies, Asset, China, Cold war, Europe, Middle East, Primacy, Reliable, Risks, Rivals, U.S., Ukraine, Unique, Valuable, War
Foreign Policy (March 22)
Cuba “is experiencing its worst economic crisis since the end of the Cold War,” and the public is becoming more dismissive to government attempts to assign blame to outside interference. “The fresh demonstrations show that Havana’s role in the economic crisis has become more central in the public eye.” But “whether negative public opinion can lead to political change is another question.”
Tags: Blame, Cold war, Cuba, Demonstrations, Dismissive, Economic crisis, Government, Havana, Interference, Negative, Outside, Political change, Public, Public opinion
Wall Street Journal (September 20)
“China’s economic and technological strength dwarfs that of the Soviet Union during the Cold War. Since 1885 the U.S. has never faced a competitor or group of competitors with a gross domestic product greater than 40% of our own. China’s economy is likely at least 75% of ours. It also has a larger navy (even more so in its home waters) and a shipbuilding capability that far exceeds ours.”
Tags: 1885, China, Cold war, Competitor, Economic, GDP, Navy, Soviet Union, Strength, Technological, U.S.
Forbes (March 24)
In his latest letter to shareholders, BlackRock Chairman Larry Fink noted that “the war between Russia and Ukraine has heralded the end of globalization, as the conflict has upended the current world order that has been in place since the Cold War and will have lasting global economic consequences.”
Tags: BlackRock, Cold war, Conflict, Fink, Globalization, Russia, Shareholders, Ukraine, Upended, War
MarketWatch (May 20)
“Despite the mutual awareness of the Thucydides Trap—and the recognition that history is not deterministic—China and the U.S. seem to be falling into it anyway. Though a hot war between the world’s two major powers still seems far-fetched, a cold war is becoming more likely.”
Tags: Awareness, China, Cold war, Deterministic, History, Recognition, Thucydides Trap, U.S., War
Wall Street Journal (February 12)
“In Germany, a Cold War deal to host U.S. nuclear weapons is now in question” as debate “flares up for the first time since the 1980s.” Chancellor Merkel’s coalition partners “are reconsidering their support for a decades old arrangement that puts Germany under the U.S. nuclear shield, a development that could further undermine the country’s already-tense relationship with the Trump administration.”
Bloomberg (November 12)
“The U.S. and China are on the brink of a new Cold War, with experts such as former U.S. Treasury Secretary Hank Paulson warning of a new “Economic Iron Curtain” between the world’s two largest economies if they cannot resolve their strategic differences.”
Tags: China, Cold war, Differences, Economic Iron Curtain, Economies, Paulson, Resolve, Strategic, U.S.
South China Morning Post (October 23)
“If the US and China actually decided to engage in a prolonged cold war, the economic consequences–however dire–would be dwarfed by another consequence: a lack of sufficiently strong action to combat climate change.”
Tags: China, Climate change, Cold war, Dire, Economic consequences, U.S.
The Economist (January 20)
“China still lags far behind America in its space accomplishments, but it does not appear bent on a cold-war-style race. It spends far less on its civil space programme than the $19.7bn that NASA was allocated last year.” Still, “China is doggedly pursuing its goals” and is attuned to the progress being made by India, which “is planning its first soft-landing on the moon in March,” just four years after China’s moon landing. With India set to overtake China as the world’s most populous nation in the next four years, China is keenly aware that its still smaller neighbor is in hot pursuit.
