Tuesday, March 29, 2011
Sino-U.S. Showdown In The Pacific?
EAST CHINA SEA, July 9, 2020—Sino-American relations have been spiraling down into a hostile dialectic for more than a decade. The two sides have grown increasingly uncomfortable with their complex, ever-evolving but seemingly inescapable economic interdependence. China will not relent in its aggressive, mercantilist currency policies, but the Fed and the Treasury, ever in need of Chinese capital to finance America’s debt, have never pushed the issue to the wall. The two sides have displayed their ideological differences as Chinese restrictions on civil rights continue. They have sparred, too, over points of honor and prestige in international forums and, episodically, over the future of Taiwan. But the underlying source of the current deterioration in the bilateral relationship is the competition for influence in the Indo-Pacific commons, that broad swath reaching from the western Pacific Ocean to the eastern coast of Africa, which both sides consider central to their standing in the region and to global perceptions of their power. After nearly a decade’s worth of threat-making, strained diplomatic ties and below-the-radar games of chicken, U.S. and Chinese naval ships now stand prow-to-prow in the East China Sea, minutes from battle over a seemingly meaningless incident.
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My Comment: A rather long essay on China's continued growth and influence in Asia and what it would mean to U.S. influence , but it is a good summary that should be read to refresh one's memory on how we have gotten to where we are today.
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