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Ma Xue
Associate Fellow, Institute of American Studies, China Institutes of Contemporary International Relations
Aug 23, 2024
The implications of recent stock market volatility in the United States, combined with slowing job growth and rising unemployment, are causing a panic and triggering discussions about an inflection point. The signs of a recession are rattling the market’s shared hope for a soft landing.
Jun 14, 2024
Washington’s new strategy may alter its trade dynamics with China, but China cannot be taken out of the picture. Most of America’s trading partners continue to be fed by Chinese supply chains, even as they boost their output of manufactured goods to the United States.
Apr 12, 2024
In her recent visit, U.S. Treasury Secretary Janet Yellen sought to establish a solid prerequisite for the development of relations between China and the United States. It’s a fine concept in theory, but the U.S. is making it difficult to accomplish in real life.
Mar 08, 2024
While trying to protect domestic industries through government intervention, technological blockades and financial subsidies, Washington has lashed out at China’s “non-market policies,” which it claims are bad for domestic employment. Such rhetoric doesn’t help America’s international reputation.
Dec 01, 2023
An overemphasis on competition may lead to pessimism and miscalculation. While the United States appears to be upgrading measures designed to pressure China, it should also strengthen its economic and trade ties. Interdependence and mutual benefit are excellent motivators.
Nov 20, 2023
The summit meeting of presidents Xi Jinping and Joe Biden was an opportunity to redefine the narrative, find balance and set a precedent for a more predictable framework in which global challenges can be tackled together. The world is watching.
Nov 10, 2023
Constructive progress on the diplomatic front is a positive development, but China and the United States are nevertheless experiencing some growing challenges. But exaggerating the competitive aspects of the relationship could be misleading.
Sep 08, 2023
America is working to advance its trade ties with China while at the same time escalating export controls and pressure to manage the great power rivalry. The recent visit by Commerce Secretary Gina Raimondo reinforces the point.
Jul 26, 2023
Despite is softer sound when compared with decoupling, de-risking will not enhance U.S. national security. Unexpected consequences will follow as countries grow more cautious in choosing trading partners. Nor will de-risking enhance U.S. competitiveness. Rather, it will hinder innovation and suppress productivity.
Apr 26, 2023
Financial markets are grounded in trust. When trust falters, dislocation follows. Panic in short-term financing markets in the United States could ignite a larger crisis in the overall economy, creating a vicious circle that undermines growth.