The High Costs of the New Cold War
The new cold war against China will be won not through ideology or even weaponry, but through economic pressure, and the winning strategy will not be one that weaponizes only America’s greed. In this sense, by nickel-and-diming its allies, the US is effectively disarming itself.
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LONDON – It is convenient to call the escalating geopolitical contest between the United States and China a “new cold war.” But that description should not be allowed to obscure the obvious, though not yet sufficiently understood, reality that this new competition will differ radically from the Cold War between the US and the Soviet Union.