AEI Event to Discuss U.S.-China Economic Decoupling and Global Fragmentation
The American Enterprise Institute (AEI) is hosting an event titled 'China, America, and the Fragmentation of the Global Economy: A Conversation with Aaron Friedberg.' The discussion will center on the increasing partial decoupling of the U.S. and Chinese economies, a phenomenon Friedberg refers to as the 'derisking race.' This race involves both nations striving to reduce their vulnerabilities to coercion or attack while simultaneously seeking to gain leverage over the other. This strategic competition is already leading to a fragmentation of the global economy and is expected to significantly reshape international trade and investment for years to come. Friedberg will delve into the historical roots of this derisking race and explain why competition and decoupling across strategic industries will be a defining characteristic of the future U.S.-China economic relationship.
