PR-2023: PANEL DISCUSSION 3. China – U.S.: Competition, Interdependence, Global Context

The U.S.-China competition is becoming protracted, and the consequences of this confrontation are spreading to many spheres of the world economy and politics. As mutual political trust between the two countries decreases, the threat of military conflict is growing. What can Washington and Beijing do to maintain peace and stability in Pacific Asia? The volume of trade between the U.S. and China, which had grown enormously over several decades, began to decline in 2023. Does this mean a retreat of economic rationality under the pressure from geopolitical goals? The initial premise of the "trade war" was the expectation that China was too dependent on export markets and would therefore be forced to accept American demands. The Western policy of "decoupling" and "risk reduction" have been accompanied by an expansion in the use of trade barriers and technological bans. If the world moves towards a new bipolarity, what will happen to the global economy, how inevitable is the prospect of the emergence of parallel production systems, standards and markets? Are the U.S. and China ready to become leaders of two rival blocs?
Moderator — Sergey Ryabkov, Deputy Minister of Foreign Affairs of the Russian Federation

Zhang Yuyan, Director of the Institute of World Economics and Politics (IWEP), Chinese Academy of Social Sciences (CASS), China (online)

Robert Legvold, Professor Emeritus of the Department of Political Science, Columbia University, USA (online)

Li Yongquan, Chairman of the All-China Association for the Study of Russia, Eastern Europe and Central Asia, Director of the Institute of Social Development of Europe and Asia of the Development Research Center of the State Council of the PRC, China

Sergey Kislitsyn, Acting Director of the Institute for the US and Canadian Studies, Russian Academy of Sciences

Alexander Lomanov, Deputy Director for Scientific Work of Primakov Institute of World Economy and International Relations (IMEMO)
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