The Sino-American Codependency Trap
To commemorate its founding 25 years ago, PS is republishing a selection of commentaries written since 1994. In the following commentary, Stephen S. Roach warned that there remains a high risk of a painful rupture in the bilateral US-China relationship.
https://prosyn.org/mFGn9pc
NEW HAVEN – Increasingly reliant on each other for sustainable economic growth, the United States and China have fallen into a classic codependency trap, bristling at changes in the rules of engagement. The symptoms of this insidious pathology were on clear display during Chinese President Xi Jinping’s recent visit to America. Little was accomplished, and the path ahead remains treacherous.