Actually, the near-doomsday scenario played out in the 1995-1996 Taiwan Strait Crisis, when China fired missiles toward Taiwan and Washington sent a carrier battle group through the Taiwan Strait. A Clinton official called it “our own Cuban missile crisis; we had stared into the abyss.” Sinc...
Researching the political climate of a potential China-US war in the Pacific, a complicating factor are overflight rights. China will likely heavily pressure countries to close their airspace to US and its allies. In this scenario, China was able to bribe Indonesia who closed its airspace. Pap...
As the fundamental conflicts between China and the US cannot be easily resolved, we hold a pessimistic view on the complete settlement of the trade war. In this paper, we perform a scenario analysis, which shows that in the worst-case scenario, China will suffer a 1.1% decrease in ...
In an interview with China Daily, Lampton acknowledged that the US' involvement in the Korean and Vietnam wars stemmed partly from a lack of understanding of China and broader Asia during the Cold War. Hawke, the son of a self-described "cold warrior", views his opportunity to study in Ch...
Cold War US Tactics 1989 US Invasion of Panama United States of America vs Republic of Panama The construction of a short cut from the Pacific to the Atlantic Oceans was a pipe dream for much of the 19th century for both the British and Americans. If a canal existed, then trade would ...
offers some unique pathways for both countries to reassess their perceptions and find ways to engage each other and modify worse-case scenario preparation for war. With growing US–China strategic rivalry and a Trump administration ...
After the war, the country was involved in civil war which led to the exile of the national government and the formation of People’s Republic of China. Look at China now: Its economic is booming and has surpassed Germany to become the third largest economy in the world. It developed ...
When asked what would it take to prevent the ties from veering into a disastrous scenario such as a potential hot war, Jeffrey Sachs, a professor of economics and director of the Center for Sustainable Development at Columbia University, pointed to China's core security interests. "The US has...
In that scenario, "it is inevitable that manufactured goods will be hit," Rogers said. Related: Trade war: American risks killing the global growth it needs Businesses around the region would feel the effects. "There's clearly a downside if everyone needs to rethink their manufacturing ...
Scenario 1: A full blown trade war — the yuan depreciates 10%. Chinese imports from the U.S. are only a third of American imports from China, the bank pointed out. This means that China cannot match the U.S. tariffs in terms of quantity. However, one thing Beijing can do is to ...