United States and China, administered competition

A difference in the relationship of the United States and Russia, with that of the United States and China, is that in the former, economic exchanges were scarce, while in the latter they are very important, from trade, finance and technology to the presence in the United States of thousands of Chinese students. There is between the United States and China a strategic competition.

When the dismantling of the Soviet Union occurred, Kremlin spokesman Guennadi Guerasimov said: “Now we are going to do great harm to the United States, because they will have no enemies.” So it was.

The void was later occupied by the US position against terrorist networks and criminal organizations, hidden and suicide forces. With this, the United States began to punish marginal countries such as Afghanistan and Iraq, plunging them into disaster. The idea that force alone can transform conflict-torn societies is a dangerous fallacy.

While this was happening, China was strengthened in a scheme of state capitalism combining public and private companies, which follow the guidelines set by the elite of the authoritarian party.

Gorbachev said in various scenarios of opinion that in his country there was never socialism. Not in China either.

A difference in the relationship of the United States and Russia with that of the United States and China is that in the former, economic exchanges were scarce, while in the latter they are very important, from trade, finance and technology to presence in the United States of thousands of Chinese students. There is between the United States and China a strategic competition. In both countries their leaders have a vast knowledge of the economy to defend what is defensible.

There are two major world problems that require the decision of both countries as well as the European Union, Japan and Russia, mainly.

One is climate change, where the United States and China stand out as the largest generators of Greenhouse Gases, causing climate change. Overcoming the problem will cost the world trillions of dollars. These expenses are unavoidable because ecological interdependence is marked by the laws of biology and physics.

The other big problem is the current pandemic, which among other evils has killed more Americans than all the wars combined in which the United States has intervened since 1945. In addition, the governments of the countries have spent more than 10 billion dollars on the Covid-19 crisis. These data have led to the initiative of a group of economists headed by Lawrence Summers who was Secretary of the Treasury of the United States to create a global fund for threats to health for 10 billion dollars, an amount that is insignificant in relation to what has been spent so far.

What is also noted is that there is no longer a competition between the great powers as there was in the twentieth century. United States, the European Union and Japan are united by strategic interests. And the leaders of these countries are trying to reach out to Russia, a power with demographic and economic decline, but with great natural resources that in a game of forces can align itself with China, especially because of Putin’s warmongering fascination that builds an epic and idealized narrative at the same time. margin of economic and social reality.

What is foreseeable is greater cooperation determined by the economy. Meanwhile the major countries have recognized that they need to strengthen internally to be more competitive. Two examples are President Biden’s ambitious infrastructure program in the United States and the European reconversion to decarbonize its economies.

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Sergio Mota Marin

Economist

Economy and Society

Writer and graduate in economics, graduated from the National Autonomous University of Mexico. From 1984 to 1990 he was Mexico’s ambassador to the Kingdom of Denmark, where he was awarded the Dannebrog order.

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