Technological Decoupling: Can US Lose the Pre-Eminence Race to China?

Technological Decoupling: Can US Lose the Pre-Eminence Race to China? PDF Author: Simon Lacey
Publisher: Trends Research & advisory
ISBN: 9948874102
Category : Business & Economics
Languages : en
Pages : 54

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Book Description
Various efforts by US lawmakers and the executive during the Trump administration to move toward technological decoupling with China betray a deep-rooted and pathological misunderstanding of how the global technology industry works. They also risk backfiring on five counts. First, it is too little too late. If the United States was serious about policing what it refers to as China’s “innovation mercantilism,” it should have taken steps in this direction almost 15 years ago when China first got serious about increasing “indigenous innovation.” Second, efforts to contain China by cutting off its companies’ access to western technologies and markets are bound to be counterproductive. Chinese firms are sure to gain access sooner or later to these technologies and thereby succeed in their global ambitions anyway. Third, a policy of uncompromising confrontation only strengthens hawkish elements in China and further undercuts China’s case to embrace deeper market opening and structural reforms. Fourth, technological decoupling undermines the US’s relative position and its technology companies’ ability to maintain pre-eminence across a range of advanced technologies. Fifth and finally, US efforts to contain China for the sole purpose of retaining unchallenged hegemony essentially cedes the moral high ground to the Chinese leadership and undermines the US’s position globally as the so-called “city upon a hill.” Instead, the new Biden administration should use the US’s still formidable market power and geopolitical influence to both gently coerce and actively incentivize China into shouldering more responsibilities with its newfound economic power. Indeed, the carnage that the Trump administration has wreaked on the US-China relationship and the many trade and investment restrictions imposed on Chinese firms and imports provide a great starting point for the Biden administration to negotiate with China. They should focus on a more balanced and reciprocal relationship of mutual market openness and competitive opportunities for each nation’s firms and their respective domestic markets.

Technological Decoupling: Can US Lose the Pre-Eminence Race to China?

Technological Decoupling: Can US Lose the Pre-Eminence Race to China? PDF Author: Simon Lacey
Publisher: Trends Research & advisory
ISBN: 9948874102
Category : Business & Economics
Languages : en
Pages : 54

Get Book Here

Book Description
Various efforts by US lawmakers and the executive during the Trump administration to move toward technological decoupling with China betray a deep-rooted and pathological misunderstanding of how the global technology industry works. They also risk backfiring on five counts. First, it is too little too late. If the United States was serious about policing what it refers to as China’s “innovation mercantilism,” it should have taken steps in this direction almost 15 years ago when China first got serious about increasing “indigenous innovation.” Second, efforts to contain China by cutting off its companies’ access to western technologies and markets are bound to be counterproductive. Chinese firms are sure to gain access sooner or later to these technologies and thereby succeed in their global ambitions anyway. Third, a policy of uncompromising confrontation only strengthens hawkish elements in China and further undercuts China’s case to embrace deeper market opening and structural reforms. Fourth, technological decoupling undermines the US’s relative position and its technology companies’ ability to maintain pre-eminence across a range of advanced technologies. Fifth and finally, US efforts to contain China for the sole purpose of retaining unchallenged hegemony essentially cedes the moral high ground to the Chinese leadership and undermines the US’s position globally as the so-called “city upon a hill.” Instead, the new Biden administration should use the US’s still formidable market power and geopolitical influence to both gently coerce and actively incentivize China into shouldering more responsibilities with its newfound economic power. Indeed, the carnage that the Trump administration has wreaked on the US-China relationship and the many trade and investment restrictions imposed on Chinese firms and imports provide a great starting point for the Biden administration to negotiate with China. They should focus on a more balanced and reciprocal relationship of mutual market openness and competitive opportunities for each nation’s firms and their respective domestic markets.

When China Rules the World

When China Rules the World PDF Author: Martin Jacques
Publisher: Penguin
ISBN: 1101151455
Category : History
Languages : en
Pages : 631

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Book Description
Greatly revised and expanded, with a new afterword, this update to Martin Jacques’s global bestseller is an essential guide to understanding a world increasingly shaped by Chinese power Soon, China will rule the world. But in doing so, it will not become more Western. Since the first publication of When China Rules the World, the landscape of world power has shifted dramatically. In the three years since the first edition was published, When China Rules the World has proved to be a remarkably prescient book, transforming the nature of the debate on China. Now, in this greatly expanded and fully updated edition, boasting nearly 300 pages of new material, and backed up by the latest statistical data, Martin Jacques renews his assault on conventional thinking about China’s ascendancy, showing how its impact will be as much political and cultural as economic, changing the world as we know it. First published in 2009 to widespread critical acclaim - and controversy - When China Rules the World: The End of the Western World and the Birth of a New Global Order has sold a quarter of a million copies, been translated into eleven languages, nominated for two major literary awards, and is the subject of an immensely popular TED talk.

The Narrow Corridor

The Narrow Corridor PDF Author: Daron Acemoglu
Publisher: Penguin
ISBN: 0735224404
Category : Political Science
Languages : en
Pages : 593

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Book Description
From the winners of the 2024 Nobel Prize for Economics and the authors of the international bestseller Why Nations Fail "Why is it so difficult to develop and sustain liberal democracy? The best recent work on this subject comes from a remarkable pair of scholars, Daron Acemoglu and James A. Robinson. In their latest book, The Narrow Corridor, they have answered this question with great insight." —Fareed Zakaria, The Washington Post In Why Nations Fail, Daron Acemoglu and James A. Robinson argued that countries rise and fall based not on culture, geography, or chance, but on the power of their institutions. In their new book, they build a new theory about liberty and how to achieve it, drawing a wealth of evidence from both current affairs and disparate threads of world history. Liberty is hardly the "natural" order of things. In most places and at most times, the strong have dominated the weak and human freedom has been quashed by force or by customs and norms. Either states have been too weak to protect individuals from these threats, or states have been too strong for people to protect themselves from despotism. Liberty emerges only when a delicate and precarious balance is struck between state and society. There is a Western myth that political liberty is a durable construct, arrived at by a process of "enlightenment." This static view is a fantasy, the authors argue. In reality, the corridor to liberty is narrow and stays open only via a fundamental and incessant struggle between state and society: The authors look to the American Civil Rights Movement, Europe’s early and recent history, the Zapotec civilization circa 500 BCE, and Lagos’s efforts to uproot corruption and institute government accountability to illustrate what it takes to get and stay in the corridor. But they also examine Chinese imperial history, colonialism in the Pacific, India’s caste system, Saudi Arabia’s suffocating cage of norms, and the “Paper Leviathan” of many Latin American and African nations to show how countries can drift away from it, and explain the feedback loops that make liberty harder to achieve. Today we are in the midst of a time of wrenching destabilization. We need liberty more than ever, and yet the corridor to liberty is becoming narrower and more treacherous. The danger on the horizon is not "just" the loss of our political freedom, however grim that is in itself; it is also the disintegration of the prosperity and safety that critically depend on liberty. The opposite of the corridor of liberty is the road to ruin.

The Cult of Smart

The Cult of Smart PDF Author: Fredrik deBoer
Publisher: All Points Books
ISBN: 1250200385
Category : Education
Languages : en
Pages : 149

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Book Description
Named one of Vulture’s Top 10 Best Books of 2020! Leftist firebrand Fredrik deBoer exposes the lie at the heart of our educational system and demands top-to-bottom reform. Everyone agrees that education is the key to creating a more just and equal world, and that our schools are broken and failing. Proposed reforms variously target incompetent teachers, corrupt union practices, or outdated curricula, but no one acknowledges a scientifically-proven fact that we all understand intuitively: Academic potential varies between individuals, and cannot be dramatically improved. In The Cult of Smart, educator and outspoken leftist Fredrik deBoer exposes this omission as the central flaw of our entire society, which has created and perpetuated an unjust class structure based on intellectual ability. Since cognitive talent varies from person to person, our education system can never create equal opportunity for all. Instead, it teaches our children that hierarchy and competition are natural, and that human value should be based on intelligence. These ideas are counter to everything that the left believes, but until they acknowledge the existence of individual cognitive differences, progressives remain complicit in keeping the status quo in place. This passionate, voice-driven manifesto demands that we embrace a new goal for education: equality of outcomes. We must create a world that has a place for everyone, not just the academically talented. But we’ll never achieve this dream until the Cult of Smart is destroyed.

Obama and China's Rise

Obama and China's Rise PDF Author: Jeffrey A. Bader
Publisher: Brookings Institution Press
ISBN: 0815722435
Category : History
Languages : en
Pages : 204

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Book Description
"Future presidents will need to find the right balance in China policy, so as to maintain America's strength and watchfulness but not fall into the classic security dilemma, wherein each side believes that growing capabilities reflect hostile intent and responds by producing that reality. I believe that President Obama struck that balance." —From Obama and China's Rise In 2005, veteran diplomat and Asia analyst Jeffrey Bader met for the first time with the then-junior U.S. senator from Illinois. When Barack Obama entered the White House a few years later, Bader was named the senior director for East Asian affairs on the National Security Council, becoming one of a handful of advisers responsible for formulating and implementing the administration's policy regarding that key region. For obvious reasons—a booming economy, expanding military power, and increasing influence over the region—the looming impact of a rising China dominated their efforts. Obama's original intent was to extend U.S. influence and presence in East Asia, which he felt had been neglected by a Bush administration fixated on the Middle East, particularly Iraq, and the war on terror. China's rise, particularly its military buildup, was heightening anxiety among its neighbors, including key U.S. allies Japan and South Korea. Bader explains the administration's efforts to develop stable relations with China while improving relationships with key partners worried about Beijing's new assertiveness. In Obama and China's Rise, Bader reveals what he did, discusses what he saw, and interprets what it meant—first during the Obama campaign, and then for the administration. The result is an illuminating backstage view of the formulation and execution of American foreign policy as well as a candid assessment of both. Bader combines insightful and authoritative foreign policy analysis with a revealing and humanizing narrative of his own personal journey.

The Avoidable War

The Avoidable War PDF Author: Kevin Rudd
Publisher: Hachette UK
ISBN: 0733648517
Category : Political Science
Languages : en
Pages : 502

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Book Description
A war between China and the US would be catastrophic, deadly, and destructive. Unfortunately, it is no longer unthinkable. The relationship between the US and China, the world's two superpowers, is peculiarly volatile. It rests on a seismic fault of cultural misunderstanding, historical grievance, and ideological incompatibility. No other nations are so quick to offend and be offended. Their militaries play a dangerous game of chicken, corporations steal intellectual property, intelligence satellites peer and AI technicians plot. The capacity for either country to cross a fatal line grows daily. Former Australian Prime Minister Kevin Rudd, who has studied, lived in, and worked with China for more than forty years, is one of the very few people who can offer real insight into the mindsets of the leadership whose judgement will determine if a war will be fought. The Avoidable War demystifies the actions of both sides, explaining and translating them for the benefit of the other. Geopolitical disaster is still avoidable, but only if these two giants can find a way to coexist without betraying their core interests through what Rudd calls "managed strategic competition". Should they fail, down that path lies the possibility of a war that could rewrite the future of both countries, and the world. "A lifelong student of China, Kevin Rudd has become one of today's most thoughtful analysts of China's development. The Avoidable War focuses on the signal challenge posed by China's evolution to America and to world order. Can the US and China avoid sleepwalking into a conflict? Rudd offers constructive steps for the two powers to stabilize their relations." HENRY A. KISSINGER

Middle Class Shanghai

Middle Class Shanghai PDF Author: Cheng Li
Publisher:
ISBN: 9780815739098
Category : China
Languages : en
Pages : 0

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Book Description
In Middle Class Shanghai, Cheng Li, who grew up in Shanghai during the oppressive years of Mao's Cultural Revolution, argues that American policymakers must not lose sight of the expansive dynamism and diversity in present-day China. The caricature of China as a monolithic Communist apparatus set on exporting its ideology and development model is simplistic and misguided. Drawing on empirical research in the realms of higher education, avant-garde art, architecture, and law, Li's unique study highlights the strong, constructive impact of bilateral exchanges. Combining eclectic human stories with striking new data analysis, Li's book addresses the possibility that the development of China's class structure and cosmopolitan culture--exemplified and led by Shanghai--could provide a force for reshaping U.S.-China engagement. Both countries should build upon the deep cultural and educational exchanges that have bound them together for decades. Li concludes that U.S. .

Covid-19: The Great Reset

Covid-19: The Great Reset PDF Author: Thierry Malleret
Publisher: ISBN Agentur Schweiz
ISBN: 9782940631124
Category : Business & Economics
Languages : en
Pages : 282

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Book Description
"The Corona crisis and the Need for a Great Reset" is a guide for anyone who wants to understand how COVID-19 disrupted our social and economic systems, and what changes will be needed to create a more inclusive, resilient and sustainable world going forward. Thierry Malleret, founder of the Monthly Barometer, and Klaus Schwab, founder and executive Chairman of the World Economic Forum, explore what the root causes of these crisis were, and why they lead to a need for a Great Reset.Theirs is a worrying, yet hopeful analysis. COVID-19 has created a great disruptive reset of our global social, economic, and political systems. But the power of human beings lies in being foresighted and having the ingenuity, at least to a certain extent, to take their destiny into their hands and to plan for a better future. This is the purpose of this book: to shake up and to show the deficiencies which were manifest in our global system, even before COVID broke out.

The Accidental Superpower

The Accidental Superpower PDF Author: Mr. Peter Zeihan
Publisher: Twelve
ISBN: 9781455583683
Category : Political Science
Languages : en
Pages : 0

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Book Description
In the bestselling tradition of The World Is Flat and The Next 100 Years, THE ACCIDENTAL SUPERPOWER will be a much discussed, contrarian, and eye-opening assessment of American power. Near the end of the Second World War, the United States made a bold strategic gambit that rewired the international system. Empires were abolished and replaced by a global arrangement enforced by the U.S. Navy. With all the world's oceans safe for the first time in history, markets and resources were made available for everyone. Enemies became partners. We think of this system as normal-it is not. We live in an artificial world on borrowed time. In THE ACCIDENTAL SUPERPOWER, international strategist Peter Zeihan examines how the hard rules of geography are eroding the American commitment to free trade; how much of the planet is aging into a mass retirement that will enervate markets and capital supplies; and how, against all odds, it is the ever-ravenous American economy that-alone among the developed nations-is rapidly approaching energy independence. Combined, these factors are doing nothing less than overturning the global system and ushering in a new (dis)order. For most, that is a disaster-in-waiting, but not for the Americans. The shale revolution allows Americans to sidestep an increasingly dangerous energy market. Only the United States boasts a youth population large enough to escape the sucking maw of global aging. Most important, geography will matter more than ever in a de-globalizing world, and America's geography is simply sublime.

China Dreams

China Dreams PDF Author: Jane Golley
Publisher: ANU Press
ISBN: 1760463744
Category : Political Science
Languages : en
Pages : 329

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Book Description
The year 2019 marked a number of significant anniversaries for the People’s Republic of China (PRC), each representing different ‘Chinese dreams’. There was the centennial of the May Fourth Movement — a dream of patriotism and cultural renewal. The PRC celebrated its seventieth anniversary — a dream of revolution and national strength. It was also thirty years since the student-led Protest Movement of 1989 — dreams of democracy and free expression crushed by government dreams of unity and stability. Many of these ‘dreams’ recurred in new guises in 2019. President Xi Jinping tightened his grip on power at home while calling for all citizens to ‘defend China’s honour abroad’. Escalating violence in Hong Kong, the ongoing suppression of Uyghurs in Xinjiang, and deteriorating Sino-US relations dominated the headlines. Alongside stories about China’s advances in artificial intelligence and geneticially modified babies and its ambitions in the Antarctic and outer space, these issues fuelled discussion about what Xi’s own ‘China Dream’ of national rejuvenation means for Chinese citizens and the rest of the world. The China Story Yearbook: China Dreams reflects on these issues and more. It surveys the dreams, illusions, aspirations, and nightmares that coexisted (and clashed) in 2019 in China and beyond. As ever, we take a cross-disciplinary perspective that recognises the inextricable links between economy, politics, culture, history, language, and society. The Yearbook, with its accessible analysis of the main events and trends of the year, is an essential tool for understanding China’s growing power and influence around the world.