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Inflection Points

Feb 28, 2021

Why the US can’t afford to fall behind in the global digital currency race

By Frederick Kempe

The Federal Reserve worries about being too hasty in introducing a digital dollar, given the stakes as the world’s reserve currency. The greater geopolitical danger, however, is how quickly the Fed is falling behind.

China
Digital Currencies

Blog Post

Feb 26, 2021

Why tactical bargaining won the EU-China Investment Deal

By Elmar Hellendoorn

In the CAI, traditional political proclivities, institutional dynamics, and tactics superseded Europe’s strategic interest in transatlantic coordination and its consideration of communist China as a ‘systemic rival.’ The EU-China investment agreement was thus neither a strategic embrace of Beijing, nor a European rejection of Washington.

China
Economy & Business

Issue Brief

Feb 25, 2021

Delist or not delist: A $2.2 trillion US-China auditing dispute

By Jeremy Mark

The economic and financial forces set in motion by the COVID-10 pandemic—global recession and ultra-loose monetary policies that have driven a cross-border search for higher yield—have contributed to a slow shift of international capital toward China’s markets. Now, intensified US-China tensions—especially the targeting of Chinese companies for delisting from US stock markets—have the potential to heighten that trend.

China
Economy & Business

In the News

Feb 24, 2021

Varshney joins the Watson Institute’s Trending Globally to discuss India and the US in a Time of Democratic Erosion

By Atlantic Council

China
Geopolitics & Energy Security

New Atlanticist

Feb 24, 2021

Josep Borrell outlines the EU’s priorities in a multipolar world

By Larry Luxner

“Today we’re in a multipolar world and [the EU will] have to look outwards because the problem is no longer among us; it’s among us and the rest of the world," Josep Borrell told the Atlantic Council. The problems ahead: the pandemic, Russia, China, and more.

China
European Union

In the News

Feb 22, 2021

Busch in The Hill: Biden administration must settle unwinnable WTO cases over steel and aluminum tariffs

By Marc L. Busch

Marc Busch writes in The Hill that the US should not want to win its WTO cases on steel and aluminum, as doing so would risk the rest of the world using a wider definition for the WTO's "national security" exception.

Americas
China

MENASource

Feb 22, 2021

China is happy about the Abraham Accords and the GCC crisis coming to an end

By Jonathan Fulton

Middle Eastern dispute resolution benefits lots of countries with interests in the region and several can be expected to capitalize. However, given China’s increasingly deep MENA footprint, it will capitalize more.

China
East Asia

Inflection Points

Feb 21, 2021

Biden’s ‘inflection point’ for democracies poses historic challenge for the US and allies

By Frederick Kempe

The Biden administration will need to develop a far more creative, intensive, and collaborative give-and-take approach to its Asian and European allies than perhaps ever before. Galvanizing international common cause has seldom been this important, but it also perhaps has never been this difficult.

China
Crisis Management

In the News

Feb 19, 2021

Kroenig and Ashford weigh the benefits of continuing Trump’s approach to Afghanistan and China

By Atlantic Council

On February 19, Foreign Policy published a biweekly column featuring Scowcroft Center deputy director Matthew Kroenig and New American Engagement Initiative senior fellow Emma Ashford discussing the latest news in international affairs. In this column, they debate America’s goals for Afghanistan and the merits of a US troop withdrawal, along with the Biden team’s approach to China policy.

Afghanistan
China

In the News

Feb 18, 2021

Kroenig speaks at Baylor University on great-power competition

By Atlantic Council

On February 18, SCSS Deputy Director Matthew Kroenig was featured in a discussion with the Alexander Hamilton Society at Baylor University on “The return of great power rivalry: Sino-American relations.”

China
Defense Policy

Experts