Don’t Start Another Cold War
The unprecedented global challenges that the United States faces today—climate change, pandemics, nuclear proliferation, massive economic inequality, terrorism, corruption, authoritarianism—are shared global challenges. They cannot be solved by any one country acting alone. They require increased international cooperation—including with China, the most populous country on earth.
It is distressing and dangerous, therefore, that a fast-growing consensus is emerging in Washington that views the U.S.-Chinese relationship as a zero-sum economic and military struggle. The prevalence of this view will create a political environment in which the cooperation that the world desperately needs will be increasingly difficult to achieve.
It is quite remarkable how quickly conventional wisdom on this issue has changed. Just over two decades ago, in September 2000, corporate America and the leadership of both political parties strongly supported granting China “permanent normal trade relations” status, or PNTR. At that time, the U.S. Chamber of Commerce, the National Association of Manufacturers, the corporate media, and virtually every establishment foreign policy pundit in Washington insisted that PNTR was necessary to keep U.S. companies competitive by giving them access to China’s growing market, and that the liberalization of China’s economy would be accompanied by the liberalization of China’s government with regard to democracy and human rights.