Coherent Identifier About this item: 20.500.12592/207vvj

THE FUTURE OF NORTH AMERICA- CHINA RELATIONS

16 May 2022

Summary

However, in the long run, the experience may encourage governments and companies to make supply chains more local to mitigate the disruption to manufacturing caused by contagious diseases, especially as China continues to pursue a Zero-COVID strategy, putting entire cities in lockdown to prevent the virus from spreading. [...] From an era of “constructive engagement” that began under the Clinton administration,7 China has moved to the category of “strategic adversary” in the eyes of the U. [...] S.8 China survived the downturn of the 2008 financial crisis better than much of the rest of the world (albeit at a cost of increasing credit lending, deferring adjustment costs to the future). [...] In 2011, the Obama administration started an effort to address China’s rising influence in Asia and around the world.18 Most of the Obama administration's foreign policy attention was focused on the Middle East, the rise of ISIS, and Russia's increasing assertiveness. [...] reliance, and the company experienced a short-term boost as Chinese consumers rallied around the company as a symbol of the country facing American bullying.24 The U.

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