US-China relations will ultimately be decided by hard economics
- The US economy seems to be heading towards recession, while China’s economy appears to be recovering quite well
- Washington’s recently altered tone in official exchanges with Beijing may reflect this changing reality
Brittle to the point of breaking is the best way to describe the state of US-China relations, but which will break first, the relationship between the world’s two largest economies or the resolve on the part of either to continue their fight? It will all come down to hard economics in the end.
The US economy seems to be heading towards recession, while China’s economy appears to be recovering quite well from the travails of Covid-19 lockdowns and supply-chain disruptions. Washington’s recently altered tone in official exchanges with Beijing may reflect this changing reality.
