News Snapshot:
China should be thankful for US Commerce Secretary Gina Raimondo’s frank comments . Instead of hiding behind condescending platitudes, she made explicit America’s agenda to contain China’s technological advancement. US technology sanctions have certainly impeded innovation in China. The question is whether these efforts can sufficiently suppress China’s rise and at what cost to the US economy. The United States is waging multipronged economic warfare on China, justified by a litany of alleged Chinese economic misconduct. US-China rivalry will play out primarily in the economic and technology spheres in this decade and the next. The Aukus pact is a side...
