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Why the US Should Pursue Cooperation with China Jeffrey D. Sachs

Summary:
Cooperation is not cowardice, as American conservatives repeatedly claim. Both the US and China have much to gain from it: peace, expanded markets, accelerated technological progress, the avoidance of a new arms race, progress against COVID-19, a robust global jobs recovery, and a shared effort against climate change.Like no-brainer. Except the US would have to forego "full-spectrum dominance," which is a step too far, it seems.And Jeffrey Sachs appears to be under some illusions about President Biden in this regard. It seems to me that he is looking too much at what is said and ignoring what is being done.Project SyndicateWhy the US Should Pursue Cooperation with ChinaJeffrey D. Sachs | Professor of Sustainable Development and Professor of Health Policy and Management at Columbia

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Cooperation is not cowardice, as American conservatives repeatedly claim. Both the US and China have much to gain from it: peace, expanded markets, accelerated technological progress, the avoidance of a new arms race, progress against COVID-19, a robust global jobs recovery, and a shared effort against climate change.
Like no-brainer. Except the US would have to forego "full-spectrum dominance," which is a step too far, it seems.

And Jeffrey Sachs appears to be under some illusions about President Biden in this regard. It seems to me that he is looking too much at what is said and ignoring what is being done.

Project Syndicate
Why the US Should Pursue Cooperation with China
Jeffrey D. Sachs | Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, Director of Columbia’s Center for Sustainable Development, and Director of the UN Sustainable Development Solutions Network

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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