STRAT | Post-APEC and the USA vs China Relationship

STRAT · Dec 11, 2023 · 20m

The world’s top two economies are devolving, and there is a desperate need to rebuild ties, both politically and economically with the rest of the world as stakeholders. To that point, a carefully orchestrated meeting between Xi Jinping and Joe Biden at the APEC Summit was held on November 17 in San Francisco, and the world now wonders what difference it made. If China and the USA continue to separate, the global economy will fragment – and this will inevitably lead to slower growth and more inequality, and geopolitical instability. In the worst case, the spiraling events could potentially…