What the New U.S.–China Détente Makes Possible
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Owls, Not Hawks or Doves- The new U.S.-China détente creates an opening for Washington to rebuild American industrial capacity by using access to the U.S. market as leverage, rather than pursuing a more aggressive version of decoupling.
Aaron Glasserman and Mitch Presnick join Chelsea on Potentia to discuss why Washington and MNC’s need to lean into strategic leveraging with clear eyes, rather than rely on outdated, comfortable and dangerous narratives. Glasserman, a postdoctoral fellow at the University of Pennsylvania’s Center for the Study of Contemporary China, and Presnick, a non-resident honorary fellow on Chinese economy at the Asia Society Policy Institute’s Center for China Analysis, argue in their paper "The Real Opportunity of the New Détente with China” that the United States should seek technology, manufacturing expertise, workforce training, and industrial knowledge from Chinese firms in exchange for access to American consumers.
The prescription from Dr. Owl? Lean into strategic leveraging. Buckle up~
Full show notes at potentiamedia.org, or watch on Youtube