Economics & Global Affairs

China leverages its market in a form of “predatory liberalism” that weaponizes the networks of interdependence created by globalization. ne response to China’s bullying would be for its targets to form an alliance to retaliate against China’s high-dependence trade should Beijing act against any alliance members. 

China has at least a 70% dependence on the U.S. and its allies for more than 400 items, ranging from luxury goods to raw materials needed for Chinese industries, a new analysis of trade data has found. (...) The analysis, set to publish Wednesday in the International Security academic journal, uses data from the United Nations Comtrade database, which tracks official global trade statistics. China’s high-dependency exposure was calculated by bundling together trade activity from the U.S. and more than a dozen allies across a range of categories.

Stephen Walt analyzes the priority that the United States should place on competing with China by asking and answering five questions.

Joseph Nye explores what a second Donald Trump presidency may mean for U.S. foreign policy and the world? While the man himself is unpredictable, his first term and his behavior since losing re-election in 2020 offer plenty of clues, none of which would be comforting to America's allies.

Stephen Walt outlines how Washington and Beijing could stop the war in Ukraine.

The following is an event write-up about the recent Future of Diplomacy Project (FDP) seminar on “The Future of Ukraine: Reconstruction, Energy Security, and Innovation” moderated by Ambassador Paula J. Dobriansky, Senior Fellow with the Future of Diplomacy Project. 

If China attempts reunification with Taiwan, how will the US meet its obligations to defend it? Two visiting fellows and officers of the US Air Force insist that the US must improve its preparedness for a new type of conflict.

Joseph S. Nye argues that history shows that globalization is largely driven by technological changes that reduce the importance of distance, and that will not change.

Mina Pollmann explains that between China and North Korea, the logic for increased Japan-South Korea cooperation is clear. All that was lacking was political will. 

Belfer Center experts on the U.S.-China relationship and Middle East issues shared thoughts on the significance of the unexpected Iran-Saudi Arabia agreement brokered by China.