China's Rise to Global Economic Power: What Does it Mean for the United States?
The Chinese economy’s ability to emerge from the global financial crisis seemingly unscathed while the United States slowly climbs out of recession bolsters a widespread image of a strong People’s Republic of China (PRC) rising against the backdrop of a declining United States of America. Is China's rise to economic power inevitable? Former U.S. Under Secretary of Commerce, Frank Lavin argues that China's continued growth in power and affluence will bring challenges but not a new Cold War. Check out Ambassador Lavin's remarks here!
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Overview
The Chinese economy’s ability to emerge from the global financial crisis seemingly unscathed while the United States slowly climbs out of recession bolsters a widespread image of a strong People’s Republic of China (PRC) rising against the backdrop of a declining United States of America. China’s economic growth in recent years, however, has slowed down, raising the question of whether it is foreordained that China will become the world’s premier economic power. Frank Lavin, former U.S. Under Secretary of Commerce, was at the Wilson Center August 27, 2013 to offer his thoughts on China’s rapid emergence as a major economic and political force. He argued that China’s continued growth in power and affluence will bring challenges, but not a new Cold War. Nor is it likely to be linear.
Check out the discussion above or download Ambassador Lavin's remarks below!
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Kissinger Institute on China and the United States
The Kissinger Institute works to ensure that China policy serves American long-term interests and is founded in understanding of historical and cultural factors in bilateral relations and in accurate assessment of the aspirations of China’s government and people. Read more
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