Event

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Beyond Decoupling: Maintaining America’s High-Tech Advantages over China

Scott Kennedy, Senior Adviser and Trustee Chair in Chinese Business & Economics, Center for Strategic & International Studies

12:30pm - 1:45pm | Virtual talk via Zoom
Kennedy
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https://upenn.zoom.us/meeting/register/tJAsdeGhqjwrE9M--JYIXQJazM3ZNGUbgGJS

Scott Kennedy, Senior Adviser and Trustee Chair in Chinese Business & Economics at CSIS, will discuss his forthcoming report, Beyond Decoupling: Maintaining America’s High-Tech Advantages Over China. Although both Washington and Beijing have explicitly said they oppose decoupling of our two societies, both are actually still pursuing policies to attenuate connectivity along a number of dimensions in order to mitigate a variety of risks they see arising from such connections. The result could lead to a substantial reduction in bilateral ties as well as a possible fragmentation of the global economy. This presentation seeks to achieve several goals: 1) Take stock of how much decoupling has occurred to date; 2) Assess the trajectory of China’s innovative capacity; 3) Re-evaluate the risks and opportunities that come from being highly connected and decoupling; and 4) Consider how an alternative approach, “principled interdependence,” may be a more effective strategy than decoupling to manage the US’s relationship with China.