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2016 | OriginalPaper | Chapter

7. China–US Economic Cooperation as Antidote to Strategic Conflict

Author : Jonathan Luckhurst

Published in: G20 Since the Global Crisis

Publisher: Palgrave Macmillan US

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Abstract

Relations between the US and Chinese governments are crucially relevant to G20 cooperation. They are the two largest national economies in the world with the most important bilateral economic ties, and therefore prospects for cooperation or strategic confrontation between them are vital for the forum and broader international relations.

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previous chapter G20 Significance for Members and Non-members

next chapter Strategic Competition Probably Won’t Prevent G20 Cooperation

I am grateful to Ralph Carter of Texas Christian University for his helpful suggestion to clarify this point.

This reform was obstructed by opposition to the required legislation in the US Congress, but the Obama Administration continued to support it (Wee et al. 2014).

Accuracy of the value-added data and the Chinese balance-of-trade statistics has been questioned. However, there is clear evidence that the growth of China’s trade surplus with the USA has slowed since 2008.

Also see discussion in Schirm 2011, 1–2.

Ikenberry (2011, 302–309) claims that increased influence of leading developing states in multilateral security and economic fora would likely be a feature of any future “post-hegemonic liberal international order”.

The famous Chinese phrase attributed to Deng is “tao guang yang hui”.

See Finnemore and Sikkink (1998) for discussion of how international norms influence domestic policymaking. Also cf. Acharya (2004) on how localization of international norms to suit local circumstances tends to increase their effects on domestic policymaking. Normative shifts can occur both ways, not just from international actors influencing domestic politics; also norm entrepreneurs in the domestic politics of one country can succeed in influencing international norms, as the German green movement did during the 1980s.

Personal communication, 2014.

Also see discussion in Chen and Wang 2011.

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Title: China–US Economic Cooperation as Antidote to Strategic Conflict
Author: Jonathan Luckhurst
Publisher: Palgrave Macmillan US
Book: G20 Since the Global Crisis
Print ISBN: 978-1-137-55145-0

Electronic ISBN: 978-1-137-55147-4

Copyright Year: 2016
DOI: https://doi.org/10.1057/978-1-137-55147-4_7

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