America v China: a new type of cold war | L & # 39; economist



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America and China argue much more than trade. If this growing rivalry is poorly managed, everyone will lose.

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The dispute between the United States and China is much more than trade. For all, blockbuster movies to lunar exploration. From semiconductors to submarines.

In all areas, they are now rivals. Superpower relations have deteriorated. America thinks that China steals secrets, is making its way to domination. And then he looks at the behavior of the Chinese in the South China Sea
and intimidating countries like Canada and Sweden, and he thinks China is starting to challenge global standards.

But it looks very different from Beijing. From his point of view, America is trying to block its entirely justified progress.

For all the others, this seems to be the beginning of a new kind of cold war. A cold war that everyone could lose. Of course, America has already waged a cold war with the Soviet Union and won. So, why not do the same thing again and cut China? Isolate it economically.

Well, it's a bit more complicated than that. At the end of the 1980s, the United States and the Soviet Union made about $ 2 billion in trade a year. Today, China and the United States trade at a value of $ 2 billion a day. And then, there are the allies who helped the United States in the first cold war with the Soviet Union. Well, they do a lot of business with China. They want to be able to talk to her. It would cost them a lot to stop.

It would be very difficult to persuade them to choose security before their own prosperity.

The first thing to do is that the United States must build on its strengths. They are often institutions and alliances. The institutions that the United States built after the Second World War. The second thing that the United States must do is strengthen their defenses. And that means defending itself militarily by cyberspace and space, but also defending its technology. But the third thing is that the United States and China
need to learn to live together in a world without trust. China and the United States do not have to agree on everything to agree that they must meet certain global standards. We must find ways to build confidence, for example in North Korea, about the rules of cybernetic warfare and space warfare.

China challenges America in all areas. Business and the pursuit of profit are not enough to maintain this relationship. The relationship desperately needs trust and rules. Unfortunately, for now, both parties see the rules as something to break.

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