Although the COVID-19 crisis has further fueled talk of a looming Sino-American confrontation, it is not too late to salvage the situation. De-escalation is undoubtedly in every country's long-term interest, not least that of the United States and China.
MADRID – Western societies are currently gripped by the ominous idea that we are entering a new cold war, this time between the United States and China. This narrative started coming to the fore as a result of the Sino-American trade dispute, and now the COVID-19 crisis has given it the final nudge to center stage. Better to brace ourselves, the argument goes, than naively to ignore the hegemonic clash that will define the “new normal.”
MADRID – Western societies are currently gripped by the ominous idea that we are entering a new cold war, this time between the United States and China. This narrative started coming to the fore as a result of the Sino-American trade dispute, and now the COVID-19 crisis has given it the final nudge to center stage. Better to brace ourselves, the argument goes, than naively to ignore the hegemonic clash that will define the “new normal.”