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2024 | OriginalPaper | Buchkapitel

6. U.S.-China Great-Power Rivalry: From Trade War to New Cold War

verfasst von : Jianyong Yue

Erschienen in: Crony Comprador Capitalism

Verlag: Springer Nature Switzerland

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Abstract

This chapter establishes a connection between China’s mishandling of North Korea’s denuclearization and the outbreak of the trade war with the U.S. Despite their interdependent relationship characterized by asymmetrical dependence, China found itself in a de facto submissive position during the trade war. However, China’s perception of American power as being in irreversible decline proved to be a significant misjudgment. This overconfidence, amplified by China’s early success in managing Covid-19, intersected with America’s realist impulse of intolerance toward China as a peer rival. These dynamics fueled the escalation of the trade war into a new Cold War, with high-tech supremacy at its core.

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Fußnoten
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2
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3
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8
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32
Asked by an influential domestic online media to write a ‘powerful’ article analyzing the U.S.-China trade war in mid-April, I spent two weeks’ time completing a 10,000-word manuscript. This article, after having 20% of sensitive contents deleted, was scheduled to go online after the May 1st Labor Day as a blockbuster feature. However, on the last day of April, the publisher received an order from the Propaganda Department, and the publication of this article was forced to be aborted.
 
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35
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36
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38
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39
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41
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42
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43
“China Offers to Buy Nearly $70 Billion of U.S. Products to Fend Off Trade Tariffs.” The Wall Street Journal, 05/06/2018. https://​www.​wsj.​com/​articles/​china-offers-to-buy-nearly-70-billion-of-u-s-farm-and-energy-products-1528208835.
 
44
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45
“White House Is Confident It Has an Edge Over China in Trade Dispute—Behind New Tariff Threats Is a Belief the U.S. Has the Upper Hand in Talks, Administration Officials Say.” The Wall Street Journal, 19/06/2018. https://​www.​wsj.​com/​articles/​white-house-sees-an-edge-in-trade-dispute-with-china-1529451511.
 
48
Yicai, 01/07/2018.
 
49
Promoting opening up to the outside world with greater efforts—Relevant person in charge of the National Development and Reform Commission answers reporters’ questions on the 2018 special management measures (Negative List) for foreign investment access. Released by NDRC on 29/06/2018. https://​www.​ndrc.​gov.​cn/​xxgk/​jd/​jd/​201806/​t20180629_​1182699.​html.
 
50
“White House Economist Says We may have to Kick China out of WTO.” Breitbart, 13/08/2018. https://​www.​breitbart.​com/​politics/​2018/​08/​13/​white-house-economist-says-we-may-have-to-kick-china-out-of-wto/​.
 
52
“Exclusive: ‘Trump Won’t Back Down’: US President Plans to Make Trade War Unbearable for China and Bigger Than Ever, Steve Bannon Says.” South China Morning Post, 21/09/2018. https://​www.​scmp.​com/​news/​china/​diplomacy/​article/​2165185/​trump-wont-back-down-U.​S.​-president-plans-make-trade-war.
 
54
“Trump Delays New Tariffs; Expert Claims Secret China Agreement Is Ready to Go.” Fox Business, 11/09/2019. https://​www.​foxbusiness.​com/​politics/​secret-150-page-china-trade-agreement-is-ready-to-go-expert-claims.
 
55
“Exclusive: China Backtracked on Almost All Aspects of U.S. Trade Deal—Sources.” Reuters, 08/05.2019. https://​www.​reuters.​com/​article/​U.​S.​-usa-trade-china-backtracking-exclusiv-idINKCN1SE0WJ.
 
56
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58
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59
The People’s Daily, 19/05/2019.
 
63
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64
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65
“Steve Bannon: New Film On Huawei—“Claws of the Red Dragon”, Hong Kong Protest & US China Trade War.” Steve Bannon interviewed by American Thought Leaders—The Epoch Time, 25/09/2019. https://​www.​youtube.​com/​watch?​v=​uCrpSK5r9HY.
 
66
“Exclusive: Don’t Wait for a Friendly White House, Steve Bannon tells China.” SCMP, 23/05/2019. https://​www.​scmp.​com/​news/​china/​diplomacy/​article/​3011188/​dont-wait-friendly-white-house-steve-bannon-tells-china.
 
67
Ibid.
 
68
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70
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71
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73
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74
“Trump Orders US Companies to Find an Alternative to China—Trump Wants Manufacturing Brought Back to the US.” Politico, 23/08/2019. https://​www.​politico.​eu/​article/​donald-trump-trade-orders-U.​S.​-companies-to-find-an-alternative-to-china/​.
 
75
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81
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83
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84
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85
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91
Reuters, 24/04/2020.
 
93
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94
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95
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96
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102
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103
Thomas Wright: “Pompeo’s Surreal Speech on China.” Brookings Commentary, 27/07/2020. https://​www.​brookings.​edu/​articles/​pompeos-surreal-speech-on-china/​
 
104
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105
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106
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107
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108
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109
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110
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111
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112
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113
Paulson, H. M. (2015), p. 380.
 
114
Interview by Sasha Gong with Steve Bannon, 29/09/2018.
 
115
Cardwell, C (2011): NSC 68 and the Political Economy of the Early Cold War. NJ: Cambridge University Press, p. 262.
 
116
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117
McMaster, H. R. (2020), p. 145.
 
118
Ibid, pp. 145–6.
 
122
“The need for global cooperation on technology goes beyond the hardware or software. It is also about our values, our societies and our democracies.” Quoted from Joint Communication to the European Parliament, the European Council and the Council—A new EU-US agenda for global change. Issued by The European Commission’s High Representative of the Union for Foreign Affairs and Security Policy, Brussels, 02/12/2020. https://​ec.​europa.​eu/​info/​sites/​default/​files/​joint-communication-eu-U.​S.​-agenda_​en.​pdf.
 
123
The People’s Daily, 25/08/2020.
 
124
Zhou Wenzhong Talks about 4-decade Sino-US Relations. CCTV (China Central Television), 22/08/2020. http://​m.​news.​cctv.​com/​2020/​08/​22/​ARTIzoQc9lVM8oFN​Q8I388JO200822.​shtml.
 
125
“Cooperative Competition Is Possible Between China and the U.S.—A former vice foreign minister of China proposes a way forward for the world’s two leading powers.” The New York Times, 24/11/2020. https://​www.​nytimes.​com/​2020/​11/​24/​opinion/​china-U.​S.​-biden.​html.
 
126
Private communication, 27/11/2020.
 
127
“Taming the wolf warrior—China’s rising aggression.” FT, 10/08/2021. https://​www.​ft.​com/​content/​1b9cba7e-4473-4b27-adb2-67ef63e02717.
 
128
McMaster, H. R. (2020) “How China sees the world and how we should see China.” The Atlantic, May issue.
 
129
Speech by Michael R. Pompeo, 23/07/2020.
 
Metadaten
Titel
U.S.-China Great-Power Rivalry: From Trade War to New Cold War
verfasst von
Jianyong Yue
Copyright-Jahr
2024
DOI
https://doi.org/10.1007/978-3-031-53154-5_6

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