觀點中美關係

For the US and China, interdependence is a double-edged sword

The writer is a professor at Harvard and author of ‘Do Morals Matter? Presidents and Foreign Policy from FDR to Trump’

With the  coronavirus outbreak, nature has reminded us how much the US and China are economically entangled. But politics is also involved as some in Washington form strategies for a second cold war and economic decoupling.

Economic exchange can produce welfare gains for both sides, but it can also be used as a strategic weapon. The Trump administration’s National Security Strategy identifies China as a strategic threat. But what kind of threat is it, and how much entanglement can the US afford?

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