By threatening the survival of the Chinese tech giant Huawei, the Trump administration has put an end to speculation about a possible rupture between the United States and China. A full-scale decoupling between the world's two largest economies is now underway, and a new age of zero-sum competition is beginning.
BERLIN – The escalating rivalry between China and the United States is ushering in a bipolar world. While the past few decades have been defined mostly by cooperation among the world’s leading powers, the next few will be marked by zero-sum competition. Already, globalization and the deepening of ties between countries is giving way to what has euphemistically been called “decoupling.” Countries and regions are sorting themselves into smaller economic and geopolitical units under the guise of “taking back control.”
BERLIN – The escalating rivalry between China and the United States is ushering in a bipolar world. While the past few decades have been defined mostly by cooperation among the world’s leading powers, the next few will be marked by zero-sum competition. Already, globalization and the deepening of ties between countries is giving way to what has euphemistically been called “decoupling.” Countries and regions are sorting themselves into smaller economic and geopolitical units under the guise of “taking back control.”