The Great Decoupling and a New Cold War

Sven Agten ()

Chapter Chapter 12 in Adventures in the Chinese Economy: 16 Years from the Inside, 2021, pp 219-237 from Springer

Abstract: Abstract As China is rising on the international stage, the United States as the sole global superpower feels the heat. The Presidency of Trump and the COVID-19 pandemic have accelerated this trend to such an extent that the two nations are seemingly decoupling on every level. Ideologically and politically the two countries are each others opposite, and a new Cold War looks inevitable. But decoupling looks easier than it really is, so much interwoven is China, the United States, and Europe. Whatever the outcome may be, the world will change drastically and the effects of all this will be felt by all of us.

Date: 2021
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DOI: 10.1007/978-981-16-1167-4_12

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