Candor, Wisdom, and Persistence: The Keys to Stabilizing the All-Important Economic Relationship Between China and the US [chapter]

Timothy P. Stratford
2022 China and Globalization  
Issues in the US-China trade relationship remain a barrier to truly sustainable and mutually beneficial trade between the two countries. The Phase One agreement between the US and China dealt with some issues, but did not address "interoperability" challenges arising from differences in the two countries' economic systems. National security concerns, especially in telecommunications, are also a sticking point. Lessons learned from Phase One negotiations have resulted in both countries taking
more » ... sures that reduce mutual reliance, but ultimately should result in a shared goal of seeking "harmony despite differences".
doi:10.1007/978-981-16-8603-0_3 fatcat:tet56bgb3jd27aztkux3w3c2sa