[Exclusive] China-US Ties Prove More Resilient Than Expected, Tsinghua Scholar Says

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Yicai: The US has imposed tariffs on multiple countries, while progress on World Trade Organization reform remains slow. Global trade rules are clearly undergoing changes. For…

(Yicai) Nov. 10 -- The China-US relationship is demonstrating greater resilience than many people had anticipated, according to Da Wei, director of the Center for International Security and Strategy at Tsinghua University and a professor in its Department of International Relations.

The US midterm elections, in which the Democratic Party has regained control of both the Senate and the House of Representatives, have introduced new variables into the future direction of US policy toward China.

For Chinese companies going global, the key challenge is how to establish a deeper local presence, genuinely integrate into local markets and develop mutually beneficial, win-win business partnerships.

Meanwhile, competition between major powers in artificial intelligence continues to intensify, even as opportunities for cooperation emerge. The future of collaboration involving China, the United States and the wider international community is likely to evolve in new ways.

Yicai: Despite several rounds of trade tensions between China and the US, bilateral trade volume remains at a relatively high level. How do you explain this resilience?

Da Wei: The resilience of China-US economic relations is stronger than we had anticipated. At one point, many people in the US may have believed that economic decoupling from China was both possible and manageable. However, experience has shown that economic confrontation and decoupling come at an extremely high cost. Both sides have recognized this, and the US in particular has come to understand that this is not a viable path.

I believe the mainstream view in the US has now shifted towards the recognition that China and the US cannot, and do not need to, completely decouple economically.

In some cases, decoupling can even be self-defeating for the US. This is particularly true in high-tech industries, where severing economic ties with China does not necessarily serve US interests.

I would argue that much of the decoupling that was going to happen has…

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