The Chinese Tiger Never Changes Its Stripes

U.S.-China economic competition over the next decade will be characterized by growing efforts by each country to decouple or economically distance itself from the other. But that competition, far from being a one-sided affair initiated by Washington, will be defined by which side can better economically distance on terms favorable to itself at the expense of the other. In other words, a central feature of competition will be ever-greater economic distancing between the two countries.