How China Wins the Future

3 comments

1. In a new article for *Foreign Affairs*, Senior Fellow Elizabeth Economy outlines “Beijing’s strategy to seize the new frontiers of power.” “American policymakers have only started waking up to the full extent of China’s success at building power in key areas of today’s world,” writes the former Commerce Department senior advisor on China. She warns that the United States “is not just abdicating its role in the current international system. It is falling behind in the fight to define the next one.” Economy focuses on China’s activity in the Arctic ocean, outer space, and cyberspace—three frontier areas for 21st-century geopolitical competition—as well as its efforts to displace the dollar as “the most traded currency and the dominant reserve currency” by promoting the use of the renminbi or local currencies. Connecting all these areas are international institutions, which Xi Jinping seeks to alter “in ways that reflect Chinese economic, political, and security interests.” Economy concludes by outlining how the US can compete across these key domains. 

2. Every Tuesday, Thursday and Saturday, China is winning and threatening. Every Monday, Wednesday, and Friday, China is collapsing and failing. On Sunday, we finally catch a break.

3. ELIZABETH ECONOMY Is a rather interesting pen name.

Comments are closed.