Dear Focus Readers,
We hope all our readers in the U.S. had a safe and happy Fourth of July holiday.
This week, we're paying close attention to U.S. Treasury Secretary Janet Yellen's trip to China, which follows Secretary of State Antony Blinken's meeting last month with Xi Jinping in Beijing. Over the next few days, Yellen will engage with Chinese officials, economic experts, and business leaders, in hopes of easing tensions and "work[ing] together to address global challenges." Tech competition is also likely to be a hot topic, as the visit comes a day after China announced export controls on two raw materials critical to the global chipmaking industry, which many analysts view as a response to U.S.-imposed restrictions on advanced chips.
In other news, as China-U.S. cultural exchanges continue to reignite, CUSEF is pleased to welcome a student delegation from Princeton University to our Hong Kong offices this week. We believe these initiatives play a pivotal role in promoting mutual understanding and cooperation, paving the way for a brighter future in the bilateral relationship.
Below, you can catch up on our top content from the last week on several high-level issues including competitive collaboration between China and the U.S., India's position in the global balance of power, China's role in the Ukraine war, and more.
We encourage you to continue sharing your feedback with us and to join the conversation.
- Team Focus
Lucio Blanco Pitlo III, a research fellow at the Asia-Pacific Pathways to Progress Foundation, looks at the new bilateral defense guidelines issued by the Philippines and the U.S. He says while this will help modernize the alliance, it can't replace diplomacy when addressing differences.
Want to learn more about how technology is impacting the U.S.-China relationship? Check out this recent report from the Carter Center, "Finding Firmer Ground: The Role of High Technology in U.S.-China Relations." In this report, the authors, who include past Focus contributor, Sara Hsu, a clinical associate professor of supply chain management at the University of Tennessee at Knoxville, review major new technologies, discuss the issues at stake between the U.S. and China, and describe ways that both countries can find firmer ground to coexist peacefully. They specifically examine artificial intelligence, the Internet of Things, big data and privacy, semiconductors, and cyberattacks, and conclude with suggestions for constructive dialogue.
Qinghai Lake | Kyle ObermannWatch Video
In our Focus Insights section, we shared a video from Dr. Keyu Jin on competitive collaboration between China and the U.S.
We want to hear from you: What are the pros and cons of international competition? How do you think China and the U.S. specifically can achieve sustainable competitive collaboration?
Submit your thoughts to email@example.com for a chance to be featured in next week's Focus This Week.
Prepared by China-US Focus editorial teams in Hong Kong and New York, this weekly newsletter offers you snap shots of latest trends and developments emerging from China and the U.S. every week. It is a community space to exchange thoughts and ideas about the China-U.S. relationship and beyond.