On Breakingviews: Joe Biden last week trumpeted the unity of the NATO alliance in the face of Russia’s invasion of Ukraine. Rich democracies need similar cohesion in the economic sphere to manage the dangers of a quasi-Cold War with China, says Hugodixon
One reason why is that they have slightly different goals. The United States is keen to maintain its geostrategic lead over China, while its European allies are more concerned not to be too dependent on the People’s Republic.
But there are also problems with lack of unity. One is that China is trying to divide and rule. Its premier, Li Qiang, travelled to Germany last month hoping topublished Another risk is that the U.S. at some point goes too far in rattling China’s cage. This is admittedly unlikely while Biden is president. He has been pursuing a twin-track approach of tightening technology controls on China while keeping the channels of dialogue open. But a Republican president, such as former President Donald Trump or Florida Governor Ron DeSantis, could takeThere’s no sure-fire policy to stop China playing divide-and-rule or a future U.S.
Countries would still be free to take unilateral action. But there would be increased pressure to move together as a bloc.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Biden's election war chest trails Trump's in size, filings showPresident Joe Biden's re-election campaign ended last month with about $20 million in the bank, just trailing the $22 million-plus reported by Republican front-runner Donald Trump, according to financial disclosures released on Saturday.
Lire la suite »
Joe Biden's fundraising compared to Donald Trump, other GOP hopefulsNewly released fundraising numbers reveal how much money Trump has raised compared to Biden.
Lire la suite »
Joe Biden's new student loan forgiveness possible thanks to George BushThe Income-Driven Repayment (IDR) plan allows for remaining student debt balances to be cancelled after 20 or 25 years of payments.
Lire la suite »
Joe Biden wiping out billions in student loan debt sparks Republican furyMichigan congresswoman Lisa McClain described the loan forgiveness scheme as 'a slap in the face to hard-working taxpayers' who have already paid off debts.
Lire la suite »
Joe Biden critics slam 'creepy' interaction with child in FinlandAs he was leaving Finland on Thursday, the president took selfies with the crowd and interacted with a little girl held by a woman.
Lire la suite »