{"product_id":"the-united-states-vs-china-the-quest-for-global-economic-leadership-9781509547357","title":"The United States vs. China: The Quest for Global Economic Leadership","description":"\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003eThe United States faces the first real challenge to its supremacy in the rise of China, and C. Fred Bergsten warns of the disastrous consequences of hostile confrontation. He calls on China to exercise constructive global leadership and the United States to reject a policy of containment and pursue \"conditional competitive cooperation\" to lead the world economy. \u003c\/blockquote\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Hardback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 384 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 18 February 2022\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Polity Press\u003cbr\u003e\u003c\/p\u003e \u003cp\u003e\u003cbr\u003eThe United States, which has dominated the global economy for a century, faces a significant challenge in the rise of China. This challenge extends beyond the trade and technology war that has already erupted between the two superpowers. It raises the question of whether economic or broader conflict is inevitable between these two world powers. The outcome of their clash could lead to a new economic leadership vacuum, similar to the 1930s when Great Britain was unable to fulfill its traditional role and a rising United States hesitated to step in to save the global order.\u003cbr\u003e\u003cbr\u003eIn his comprehensive analysis, C. Fred Bergsten warns of the disastrous consequences of a hostile confrontation between China and the United States. He paints a bleak picture of a world economy adopting Chinese characteristics, where the United States, after Trump's abdication of much of its role, engages in a self-defeating attempt to \"decouple\" from its rival. Drawing on over 50 years of active participation as a policymaker and close observation as a scholar, Bergsten calls on China to exercise constructive global leadership in its own self-interest. He also urges the United States to reject a policy of containment and instead pursue \"conditional competitive cooperation\" with its allies, particularly China, to lead, rather than destroy, the world economy.\u003cbr\u003e\u003cbr\u003eThe competition for global economic leadership between China and the United States is a complex and multifaceted issue. Both countries have their own strengths and weaknesses, and their interactions with the rest of the world will shape the future of the global economy. While there are concerns about the potential for conflict, it is also important to recognize the potential for cooperation and collaboration between these two superpowers.\u003cbr\u003e\u003cbr\u003eOne area of potential cooperation is in addressing the global challenges of climate change and economic inequality. Both China and the United States have made commitments to reduce greenhouse gas emissions and promote sustainable development, and they can work together to achieve these goals. Additionally, both countries have a significant role to play in addressing the growing inequality between developed and developing countries, through policies such as investment in education and healthcare, and support for small businesses and entrepreneurs.\u003cbr\u003e\u003cbr\u003eAnother area of potential cooperation is in promoting trade and investment. China and the United States are two of the largest economies in the world, and they have a significant trade relationship. By working together to promote free trade and investment, they can create jobs and economic growth in both countries and contribute to the overall health of the global economy.\u003cbr\u003e\u003cbr\u003eHowever, there are also challenges to cooperation between China and the United States. One of the biggest challenges is the trade deficit between the two countries. China has a significant trade surplus with the United States, which has led to concerns about the impact on American jobs and the American economy. Additionally, there are concerns about China's intellectual property rights and its treatment of foreign companies and workers.\u003cbr\u003e\u003cbr\u003eAnother challenge is the political and security tensions between the two countries. The United States has accused China of engaging in unfair trade practices, cyber espionage, and human rights violations, while China has criticized the United States for its military interventions and political interference in other countries. These tensions can make it difficult for the two countries to work together on common issues, and they can also contribute to a sense of global instability.\u003cbr\u003e\u003cbr\u003eIn conclusion, the competition for global economic leadership between China and the United States is a complex and multifaceted issue. While there are concerns about the potential for conflict, it is also important to recognize the potential for cooperation and collaboration between these two superpowers. By working together to address global challenges such as climate change, economic inequality, and trade and investment, China and the United States can contribute to the overall health and stability of the global economy. However, it will require a willingness to compromise and a commitment to finding common ground on issues that divide them.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eWeight\u003c\/strong\u003e: 692g\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 162 x 235 x 37 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9781509547357\u003c\/p\u003e","brand":"C. Fred Bergsten","offers":[{"title":"Hardback","offer_id":44106007019770,"sku":"9781509547357","price":17.85,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/1646215523202_book.jpg?v=1646927206","url":"https:\/\/shulphink.com\/products\/the-united-states-vs-china-the-quest-for-global-economic-leadership-9781509547357","provider":"Shulph Ink","version":"1.0","type":"link"}