The Big Ideas

by Malcolm Riddell

Bernie Sanders: 'Don’t Start a New Cold War With China'

Foreign Affairs

CHINADebate

|

Bernie Sanders | United States Senator
&

by
|
|
&
June 17, 2021
Bernie Sanders: 'Don’t Start a New Cold War With China'
Bernie Sanders: 'Don’t Start a New Cold War With China'
No items found.

Heading

Bernie Sanders | United States Senator

BIG IDEA | ‘The pendulum of conventional wisdom in Washington has now swung from being far too optimistic about the opportunities presented by unfettered trade with China to being far too hawkish about the threats posed by the richer, stronger, more authoritarian China that has been one result of that increased trade.’
‘I believe it is important to challenge this new consensus about China—just as it was important to challenge the old one.’

‘The pendulum of conventional wisdom in Washington has now swung from being far too optimistic about the opportunities presented by unfettered trade with China to being far too hawkish about the threats posed by the richer, stronger, more authoritarian China that has been one result of that increased trade.’

Twenty years ago, the American economic and political establishment was wrong about China.’

  • ‘Today, the consensus view has changed, but it is once again wrong.’

‘Now, instead of extolling the virtues of free trade and openness toward China, the establishment beats the drums for a new Cold War, casting China as an existential threat to the United States.’

  • ‘We are already hearing politicians and representatives of the military-industrial complex using this as the latest pretext for larger and larger defense budgets.’

‘I believe it is important to challenge this new consensus—just as it was important to challenge the old one.’

  • ‘Organizing our foreign policy around a zero-sum global confrontation with China, however, will fail to produce better Chinese behavior and be politically dangerous and strategically counterproductive.’

‘The rush to confront China has a very recent precedent: the global “war on terror.” ’

  • ‘In the wake of the 9/11 attacks, the American political establishment quickly concluded that antiterrorism had to become the overriding focus of U.S. foreign policy.’
  • 'Almost two decades and $6 trillion later, it’s become clear that national unity was exploited to launch a series of endless wars that proved enormously costly in human, economic, and strategic terms and that gave rise to xenophobia and bigotry in U.S. politics—the brunt of it borne by American Muslim and Arab communities.’
  • ‘The experience of the last two decades should have shown us that Americans must resist the temptation to try to forge national unity through hostility and fear.’

‘The administration of U.S. President Joe Biden has rightly recognized the rise of authoritarianism as a major threat to democracy.’

  • ‘The primary conflict between democracy and authoritarianism, however, is taking place not between countries but within them—including in the United States.’

‘And if democracy is going to win out, it will do so not on a traditional battlefield but by demonstrating that democracy can actually deliver a better quality of life for people than authoritarianism can.’

  • ‘Creating true security and prosperity for working people in the United States and China alike demands building a more equitable global system that prioritizes human needs over corporate greed and militarism.’
  • ‘In the United States, handing billions more in taxpayer dollars to corporations and the Pentagon while inflaming bigotry will not serve these goals.’

‘Americans must not be naive about China’s repression, disregard for human rights, and global ambitions.’

  • ‘I strongly believe that the American people have an interest in strengthening global norms that respect the rights and dignity of all people—in the United States, in China, and around the world.’

‘I fear, however, that the growing bipartisan push for a confrontation with China will set back those goals and risks empowering authoritarian, ultranationalistic forces in both countries.’

  • ‘It will also deflect attention from the shared common interests the two countries have in combating truly existential threats such as climate change, pandemics, and the destruction that a nuclear war would bring.’

‘Developing a mutually beneficial relationship with China will not be easy.’

  • ‘But we can do better than a new Cold War.’

CHINADebate

Malcolm Riddell
|

CHINADebate

|
&
|

'Are you tired of losing yet, America?'

As I write this, Taliban forces have entered Kabul and are reportedly occupying the Presidential Palace.
8/15/2021

Bloomberg

CHINADebate

|

|
&
|

'China Signals More Regulation for Businesses in Coming Years'

‘The State Council’s statement provides a guiding context to interpret current regulatory thrusts. The blueprint as an attempt by Chinese authorities to help investors understand the motives behind the regulatory push.’
8/15/2021

The Wall Street Journal

CHINADebate

|

George Soros
|
&
|

'Xi’s Dictatorship Threatens the Chinese State'

‘Mr. Xi is determined to bring the creators of wealth under the control of the one-party state.’
8/15/2021

CHINADebate

Malcolm Riddell
|

CHINADebate

|
&
|

Don't Say Xi Jinping Didn't Warn You

‘Global investors are shocked to have discovered that China is run by Communists.’
8/5/2021

Bloomberg

CHINADebate

|

Matthew Brooker | Bloomberg
|
&
|

‘Global investors shocked to have discovered that China is run by Communists.’

‘Global investors are shocked to have discovered that China is run by Communists.’
8/5/2021

Bloomberg

CHINADebate

|

|
&
|

'Shocked Investors Scour Xi’s Old Speeches to Find Next Target'

‘While China’s policy moves can feel ad hoc particularly to foreign investors, the changes are quite targeted on certain sectors.’
8/5/2021

The Wall Street Journal

CHINADebate

|

Greg Ip | The Wall Street Journal
|
&
|

'China Wants Manufacturing—Not the Internet—to Lead the Economy'

‘Social media, e-commerce and other consumer internet companies are nice to have. But in his view national greatness doesn’t depend on having the world’s finest group chats or ride-sharing.’
8/5/2021

Bloomberg

CHINADebate

|

|
&
|

'China Plans to Exempt H.K. IPOs From Cybersecurity Reviews'

‘China plans to exempt companies going public in Hong Kong from first seeking the approval of the country’s cybersecurity regulator, removing one hurdle for businesses that list in the Asian financial hub instead of the U.S.’
7/18/2021

The Wall Street Journal

CHINADebate

|

The Editorial Board | The Wall Street Journal
|
&
|

'Biden’s Warning on Hong Kong'

‘The pretense of Chinese and Hong Kong authorities is that their crackdown on the rule of law and dissent will have no effect on Hong Kong’s viability as an international center for trade and finance.’
7/18/2021

CHINADebate

CHINADebate

Malcolm Riddell
|

CHINADebate

|
&
|

Why the U.S. Lacks Leverage over China

During the celebration of the Chinese Communist Party’s Centennial celebration, Mr. Xi stood in the same place on the balcony facing Tiananmen Square where Mao Zedong stood when he announced the founding of the PRC; Mr. Xi wore a gray Mao suit, among a sea of blue western suits; and he centered himself right above the portrait of Mao, who is similarly attired.
7/18/2021

Foreign Affairs

CHINADebate

|

Kurt Tong | Asia Group
|
&
|

Hong Kong and the Limits of Decoupling

‘The United States’ inability to make China regret—much less reverse—its transgressions in Hong Kong suggests that financial separation, sanctions, and economic barriers are less reliable tools than many in Washington believe.’
7/18/2021

Nikkei Asia

CHINADebate

|

|
&
|

'I will aim for Mao's Status.'

‘There on the gate was Xi Jinping, Chinese president and party general secretary, in a gray Mao suit. Just below his feet was the portrait of Mao Zedong, also dressed in a gray Mao suit.’
7/18/2021

Financial Times

CHINADebate

|

|
&
|

'US warns companies of risk of doing business in Hong Kong'

“In the face of Beijing’s decisions over the past year that have stifled the democratic aspirations of people in Hong Kong, we are taking action,” said Antony Blinken, US secretary of state. “Today we send a clear message that the US resolutely stands with Hong Kongers.”
7/18/2021

CHINADebate

CHINADebate

Malcolm Riddell
|

CHINADebate

|
&
|

The Chinese Point of View

Here are a few of my thoughts on the importance of Wang Jisi’s ‘The Plot Against China.’ Yuen Yuen Ang’s ‘The Evolution of Chinese Corruption’ speaks for itself - but note especially how Mr. Xi's anti-corruption campaign could hurt China's economy. I have now lived long enough that when a friend complains about his or her spouse, I say to myself, ‘There are no doubt two sides to this story.’
7/4/2021

Foreign Affairs

CHINADebate

|

Wang Jisi | President of the Institute of International and Strategic Studies at Peking University
|
&
|

'How Beijing Sees U.S.-China Relations'

‘In Chinese eyes, the most significant threat to China’s sovereignty and national security has long been U.S. interference in its internal affairs aimed at changing the country’s political system and undermining the CCP.’
7/4/2021

Foreign Affairs

CHINADebate

|

Yuen Yuen Ang | University of Michigan
|
&
|

'How Corruption Powers China's Economy'

‘China has managed to sustain four decades of economic growth despite levels of corruption that even Xi has described as “grave” and “shocking.” Why does it seem to have bucked the trend?’
7/4/2021

Harvard Magazine

CHINADebate

|

Ed Steinfeld | Brown University
Tony Saich
|
Harvard Kennedy School of Government
&
|

'From Rebel to Ruler': Tony Saich on Chinese Communism at 100

‘At so many points during its century-long existence, the CCP appeared to be in its death throes, whether as a result of external attack or self-inflicted internal strife.’
7/1/2021