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Date: Fri, 16 Jun 2023 17:25:46 +0000
To: Andrew Sterling <andrew@sterlingcal.com>
From: The Signal <newsletter@thesgnl.co>
Reply-To: The Signal <newsletter@thesgnl.co>
Subject: Keep Your Enemies Closer
Message-ID: <010f0188c53de13d-540d3759-0f15-4e80-a6e3-4a2eb8863093-000000@us-east-2.amazonses.com>
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<p><span style=3D"display:none !important;font-size:0px;line-height:0;color=
:#ffffff;visibility:hidden;opacity:0;height:0;width:0;mso-hide:all">Why is =
the U.S. suddenly reaching out to China? Eyck Freymann on the motivations a=
nd challenges for cooling things down in Washington and Beijing.</span></p>

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=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">Why is the U.S. suddenly reaching =
out to China? <strong>Eyck Freymann</strong> on the motivations and challen=
ges for cooling things down in Washington and Beijing.</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
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=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0;font-size:0px"><a href=3D"https://c19gz9zr.r.us-east-2.a=
wstrack.me/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2FT=
MWF7IKFllIbH7YPT0UZHg%2FJOTFtzMvZNf0dXs0pqPrHA/1/010f0188c53de13d-540d3759-=
0f15-4e80-a6e3-4a2eb8863093-000000/AHR2-uObeDxrXN1zNlCsETV8oQk=3D111" style=
=3D"-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-height=
-rule:exactly;text-decoration:underline;color:#B7985E;font-size:16px" targe=
t=3D"_blank"><img alt=3D"" class=3D"adapt-img" src=3D"https://ajwcbt.stripo=
cdn.email/content/guids/CABINET_2fb1448b31ee95ea8c580243491e8e3048f3db3cc6d=
e480607bb7338aa649c4f/images/felixluov1tlingjctyunsplash.jpg" style=3D"disp=
lay:block;border:0;outline:none;text-decoration:none;-ms-interpolation-mode=
:bicubic" width=3D"560" /></a></td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#969892;font-size:16px">Felix Luo</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"pa=
dding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>There&rsquo;s a steady pol=
itical consensus</strong> in Washington these days, despite the steady part=
isan discord, on taking a hard line with China. And now a U.S. House of Rep=
resentatives panel has recently recommended new confrontational policies: T=
he Select Committee on the Chinese Communist Party advocated stepping up th=
e U.S. military&rsquo;s presence in Taiwan and imposing sanctions on Chines=
e technology companies doing business in Xinjiang Province&mdash;where the =
People&rsquo;s Republic is committing ongoing acts of genocide against Uigh=
ur Muslims.</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">These measures follow former Presi=
dent Donald Trump&rsquo;s 2018 declaration of a trade war against China, Pr=
esident Joe Biden&rsquo;s continuation of Trump&rsquo;s tariffs on Chinese =
goods, and more tough moves against Beijing. These include U.S. administrat=
ion agreeing to <a href=3D"https://c19gz9zr.r.us-east-2.awstrack.me/L0/http=
s:%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2FCsl6zAN763IsYmnEFTz=
WWIMA%2FJOTFtzMvZNf0dXs0pqPrHA/1/010f0188c53de13d-540d3759-0f15-4e80-a6e3-4=
a2eb8863093-000000/wvRQEyBLFsbt_gWLbvvfzEQwBHg=3D111" style=3D"-webkit-text=
-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly;te=
xt-decoration:underline;color:#B7985E;font-size:16px">send nuclear submarin=
es to Australia</a> and <a href=3D"https://c19gz9zr.r.us-east-2.awstrack.me=
/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2FZgFvZwtn0TW=
t892oHp92NdHA%2FJOTFtzMvZNf0dXs0pqPrHA/1/010f0188c53de13d-540d3759-0f15-4e8=
0-a6e3-4a2eb8863093-000000/Y3NXxJFSHJzsPDFYY1TUWNwblvo=3D111" style=3D"-web=
kit-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:ex=
actly;text-decoration:underline;color:#B7985E;font-size:16px">ban the expor=
t of semiconductor chips</a> to China. Meanwhile, Nancy Pelosi, then the sp=
eaker of the U.S. House of Representatives, <a href=3D"https://c19gz9zr.r.u=
s-east-2.awstrack.me/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbH=
E4k9mA%2FOUiY70BRLpDCNabsSScotA%2FJOTFtzMvZNf0dXs0pqPrHA/1/010f0188c53de13d=
-540d3759-0f15-4e80-a6e3-4a2eb8863093-000000/hvZUKGpqBoIqaxZbX2-NQ5pqpaI=3D=
111" style=3D"-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-l=
ine-height-rule:exactly;text-decoration:underline;color:#B7985E;font-size:1=
6px">infuriated Beijing with a trip to Taiwan</a>.</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">Last month, however, Biden predict=
ed a &ldquo;thaw&rdquo; in U.S.-China relations shortly after U.S. National=
 Security Advisor Jake Sullivan met with his Chinese counterpart in Vienna.=
 The two countries&rsquo; top commerce officials also met last month. And, =
it turns out, CIA Director Bill Burns secretly traveled to Beijing in May. =
What&rsquo;s going on?</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>Eyck Freymann</strong> is =
the author of <a href=3D"https://c19gz9zr.r.us-east-2.awstrack.me/L0/https:=
%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2FXuC76lnTjK3NME7lXf0Bu=
Q%2FJOTFtzMvZNf0dXs0pqPrHA/1/010f0188c53de13d-540d3759-0f15-4e80-a6e3-4a2eb=
8863093-000000/SWaEzGdnvcZA5XVAJxaIwjNP9Bw=3D111" style=3D"-webkit-text-siz=
e-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly;text-d=
ecoration:underline;color:#B7985E;font-size:16px"><em>One Belt One Road: Ch=
inese Power Meets the World</em></a>. As Freymann sees it, the U.S. is tryi=
ng to create guardrails for its relationship with China, as the two countri=
es otherwise fiercely compete for global influence. The Americans are espec=
ially anxious to establish a process for averting a crisis over Taiwan.</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">Washington has chosen to reach out=
 to Beijing, Freymann says, on the belief that the U.S. can now negotiate f=
rom a position of strength. American allies worldwide mostly adopted its to=
ugh approach to China, while China struggled with an economic slowdown, a s=
hambolic Covid response, and a blow to its international status for standin=
g by Russia after the invasion of Ukraine. Still, Freymann says, it&rsquo;s=
 not clear how Beijing will respond to the U.S. outreach. Competing groups =
in the Chinese leadership hold opposing views on whether to engage with Was=
hington&mdash;and Xi Jinping&rsquo;s opinion, which will be decisive, remai=
ns as yet unknown.</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:20px;Margin:0;font-size:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<table border=3D"0" cellpaddin=
g=3D"0" cellspacing=3D"0" height=3D"100%" role=3D"presentation" style=3D"ms=
o-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;border-spa=
cing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td style=3D"padding:=
0;Margin:0;border-bottom:1px solid #969892;background:unset;height:1px;widt=
h:100%;margin:0px">&nbsp;</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"pa=
dding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>Michael Bluhm</strong>: Wh=
y would the U.S. be doing this?</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>Eyck Freymann</strong>: Si=
nce 2018, U.S.-China relations have been in an unrestrained free fall. Secu=
rity analysts have been especially worried about a breakdown in military-to=
-military crisis communication&mdash;but really, cooperation has broken dow=
n on nearly every issue, even ones like climate change and arms control, wh=
ere both sides have common interests.</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">Meanwhile, perceptions on both sid=
es have been heading toward a dark place. In Washington, there&rsquo;s by n=
ow a bipartisan consensus that China is probably planning a surprise attack=
 on Taiwan by 2027, even though the evidence for the idea is very thin. In =
Beijing, there are strong suspicions that Washington is trying to &ldquo;co=
ntain&rdquo; China and infiltrate it from within&mdash;which has led to gre=
ater repression and an obsession with security in virtually all forms. Ther=
e&rsquo;s also a real concern in Beijing that the U.S. might <a href=3D"htt=
ps://c19gz9zr.r.us-east-2.awstrack.me/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2=
F47QrwdESMr6NDlbHE4k9mA%2FOUiY70BRLpDCNabsSScotA%2FJOTFtzMvZNf0dXs0pqPrHA/2=
/010f0188c53de13d-540d3759-0f15-4e80-a6e3-4a2eb8863093-000000/26OGVfzlCuzBX=
55x9k8nQtpIiIw=3D111" style=3D"-webkit-text-size-adjust:none;-ms-text-size-=
adjust:none;mso-line-height-rule:exactly;text-decoration:underline;color:#B=
7985E;font-size:16px">push for Taiwan&rsquo;s independence</a>, crossing Ch=
ina&rsquo;s longstanding red line and forcing a war.</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">The two sides are also engaged in =
brinkmanship in the South China Sea on a near-daily basis; it could easily =
lead to an accidental collision of ships or planes that kills someone. At t=
his rate, it&rsquo;s going to happen.</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0;font-size:0px"><a href=3D"https://c19gz9zr.r.us-east-2.a=
wstrack.me/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2Fx=
TLXfstMsSB00zXLShBEuw%2FJOTFtzMvZNf0dXs0pqPrHA/1/010f0188c53de13d-540d3759-=
0f15-4e80-a6e3-4a2eb8863093-000000/XZ028sxsQPxXJsJLdc3C6ywpHDw=3D111" style=
=3D"-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-height=
-rule:exactly;text-decoration:underline;color:#B7985E;font-size:16px" targe=
t=3D"_blank"><img alt=3D"" class=3D"adapt-img" src=3D"https://ajwcbt.stripo=
cdn.email/content/guids/CABINET_2fb1448b31ee95ea8c580243491e8e3048f3db3cc6d=
e480607bb7338aa649c4f/images/lores_ad_concept147.jpg" style=3D"display:bloc=
k;border:0;outline:none;text-decoration:none;-ms-interpolation-mode:bicubic=
" width=3D"560" /></a></td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#969892;font-size:16px">Advertisement</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"pa=
dding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">The Biden administration said last=
 year in its National Security Strategy that the U.S. and China are in a pi=
votal and highly uncertain decade of competition. It&rsquo;s unlikely that =
the ultimate winner of the competition will be determined in this decade, b=
ut the norms and trends established in this decade could eventually determi=
ne the winner&mdash;and the question of whether any future competition can =
be managed without spilling over into conflict.</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">Biden&rsquo;s people believe you s=
houldn&rsquo;t approach such a negotiation unless you&rsquo;re coming from =
a position of strength. Of course, Xi and his people believe the same. But =
optimists on each side hope that at some point in this decade&mdash;if not =
in this presidential term&mdash;the other side might see an interest in est=
ablishing some ground rules and creating a floor for the relationship. We&r=
squo;re seeing those optimists about to make first contact.</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>Bluhm</strong>: The U.S. h=
as had some recent diplomatic successes against Beijing: a <a href=3D"https=
://c19gz9zr.r.us-east-2.awstrack.me/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2F4=
7QrwdESMr6NDlbHE4k9mA%2FZgFvZwtn0TWt892oHp92NdHA%2FJOTFtzMvZNf0dXs0pqPrHA/2=
/010f0188c53de13d-540d3759-0f15-4e80-a6e3-4a2eb8863093-000000/4TjRh5YrkKm16=
yxXAq14-dpXQbU=3D111" style=3D"-webkit-text-size-adjust:none;-ms-text-size-=
adjust:none;mso-line-height-rule:exactly;text-decoration:underline;color:#B=
7985E;font-size:16px">chip-export ban</a>, a G7 commitment to moving supply=
 chains away from China, and countries in the Indo-Pacific such as <a href=
=3D"https://c19gz9zr.r.us-east-2.awstrack.me/L0/https:%2F%2Fsendy.thesgnl.c=
o%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2FCsl6zAN763IsYmnEFTzWWIMA%2FJOTFtzMvZNf0dXs=
0pqPrHA/2/010f0188c53de13d-540d3759-0f15-4e80-a6e3-4a2eb8863093-000000/4vc3=
KZp8HYOk_00JDludu2zPaD8=3D111" style=3D"-webkit-text-size-adjust:none;-ms-t=
ext-size-adjust:none;mso-line-height-rule:exactly;text-decoration:underline=
;color:#B7985E;font-size:16px">Australia</a> and the Philippines aligning m=
ore closely with Washington against Beijing. What&rsquo;s the balance of po=
wer between the two countries look like now?</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><strong>Freymann</strong>: The U.S=
. position in what we might call<a href=3D"https://c19gz9zr.r.us-east-2.aws=
track.me/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2Fv5j=
y7LD5VpxH9zt8twhLgw%2FJOTFtzMvZNf0dXs0pqPrHA/1/010f0188c53de13d-540d3759-0f=
15-4e80-a6e3-4a2eb8863093-000000/1f3O2E0p4E7F3PGKom7fXC6SltI=3D111" style=
=3D"-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-height=
-rule:exactly;text-decoration:underline;color:#B7985E;font-size:16px"><em>C=
old War II</em></a> is far stronger than it was when Biden took office. Som=
e of that&rsquo;s Biden&rsquo;s doing, but not all of it. Two catastrophic =
developments have strengthened the U.S. position in the past 18 months. The=
 first is Putin&rsquo;s brutal, unprovoked invasion of Ukraine; the other i=
s Xi Jinping&rsquo;s <a href=3D"https://c19gz9zr.r.us-east-2.awstrack.me/L0=
/https:%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2Fg73un8TeLVrAMQ=
JFW3vvNQ%2FJOTFtzMvZNf0dXs0pqPrHA/1/010f0188c53de13d-540d3759-0f15-4e80-a6e=
3-4a2eb8863093-000000/zzsFB4cedPXQqf_SVv3Y5RLWbaA=3D111" style=3D"-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;text-decoration:underline;color:#B7985E;font-size:16px">botched handling o=
f Covid</a>.</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">The war in Ukraine has scared the =
bejesus out of the Japanese, South Koreans, and other U.S. partners in the =
Indo-Pacific. It&rsquo;s driven home the reality that <a href=3D"https://c1=
9gz9zr.r.us-east-2.awstrack.me/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2F47Qrwd=
ESMr6NDlbHE4k9mA%2FEy9HG6ShPz6mDF8xfxcjNA%2FJOTFtzMvZNf0dXs0pqPrHA/1/010f01=
88c53de13d-540d3759-0f15-4e80-a6e3-4a2eb8863093-000000/f2VzypzLT1NOVThEg0Fg=
astKj4E=3D111" style=3D"-webkit-text-size-adjust:none;-ms-text-size-adjust:=
none;mso-line-height-rule:exactly;text-decoration:underline;color:#B7985E;f=
ont-size:16px">history didn&rsquo;t end with the Cold War</a>&mdash;and tha=
t a Chinese attack on Taiwan, with all the cataclysmic consequences that wo=
uld follow, is actually a plausible scenario.</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09=09=09</tbody>
=09=09=09=09=09=09=09=09=09</table>
=09=09=09=09=09=09=09=09=09</td>
=09=09=09=09=09=09=09=09</tr>
=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"padding:0;Margin:0;p=
adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0;font-size:0px"><a href=3D"https://c19gz9zr.r.us-east-2.a=
wstrack.me/L0/https:%2F%2Fsendy.thesgnl.co%2Fl%2F47QrwdESMr6NDlbHE4k9mA%2FT=
MWF7IKFllIbH7YPT0UZHg%2FJOTFtzMvZNf0dXs0pqPrHA/2/010f0188c53de13d-540d3759-=
0f15-4e80-a6e3-4a2eb8863093-000000/a0KZf1RgcueL3gyJgyENzAEd-OM=3D111" style=
=3D"-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-height=
-rule:exactly;text-decoration:underline;color:#B7985E;font-size:16px" targe=
t=3D"_blank"><img alt=3D"" class=3D"adapt-img" src=3D"https://ajwcbt.stripo=
cdn.email/content/guids/CABINET_2fb1448b31ee95ea8c580243491e8e3048f3db3cc6d=
e480607bb7338aa649c4f/images/zhangkaiyvvglns0tmecyunsplash.jpg" style=3D"di=
splay:block;border:0;outline:none;text-decoration:none;-ms-interpolation-mo=
de:bicubic" width=3D"560" /></a></td>
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adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
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;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"=
padding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#969892;font-size:16px">Zhang Kaiyv</p>
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adding-top:20px;padding-left:20px;padding-right:20px">
=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D"0" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"center" style=3D"padding:0=
;Margin:0;width:560px" valign=3D"top">
=09=09=09=09=09=09=09=09=09=09=09=09<table cellpadding=3D"0" cellspacing=3D=
"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0p=
t;border-collapse:collapse;border-spacing:0px" width=3D"100%">
=09=09=09=09=09=09=09=09=09=09=09=09=09<tbody>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09<tr>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<td align=3D"left" style=3D"pa=
dding:0;Margin:0">
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px"><em>More from Eyck Freymann at The=
 Signal:</em></p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&ldquo;<strong>There&rsquo;s not m=
uch daylight</strong> between the Democrats and Republicans on China policy=
. Under all plausible scenarios, the U.S. and China are going to remain eac=
h other&rsquo;s most important strategic competitors for decades. They have=
 the world&rsquo;s two largest economies. They have the two largest militar=
ies. They have different political systems. Their global aspirations confli=
ct with each other&rsquo;s. I don&rsquo;t think it&rsquo;s hard-line to say=
 the two countries are destined for intense, long-term competition; it&rsqu=
o;s just stating the obvious. The difference between Biden and many Republi=
cans is that Biden thinks it&rsquo;s both possible and desirable to take me=
asures to minimize the risk that an accident or misperception spins out of =
control.&rdquo;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&ldquo;<em><strong>What&rsquo;s th=
e Biden administration hoping</strong> to get out of trying to ease tension=
s?</em> The first step is to build, at minimum, crisis-management channels =
between high-level officials on both sides. Over time, as trust builds, thi=
s might lead to arms-control agreements on AI, hypersonic missiles, space w=
arfare, and more. Some would add climate to the list, though I&rsquo;m skep=
tical that Washington could offer anything realistic to persuade Beijing to=
 adopt lower emissions targets. Really, no serious person in Washington thi=
nks we can just turn back the clock to 2014 or 2015, when Obama and Xi Jinp=
ing met in California to discuss cooperation on climate change, restriction=
s on cyber espionage, and a bunch of other issues. China has changed. Ameri=
ca has changed. But if the two sides restart dialogue now, they might plaus=
ibly get to a point by the middle of the decade where the relationship has =
stabilized.&rdquo;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&nbsp;</p>

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09<p style=3D"Margin:0;-webkit-t=
ext-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly=
;font-family:helvetica, 'helvetica neue', arial, verdana, sans-serif;line-h=
eight:24px;color:#333333;font-size:16px">&ldquo;<strong>Unfortunately, the =
Chinese Communist Party</strong> has become utterly paranoid that Western p=
owers are trying to infiltrate China and divide it from within. Its respons=
e has been to systematically monitor or shut down every channel of communic=
ation with the outside world. Beijing&rsquo;s zero-Covid policy gave it an =
excuse to obstruct Western researchers, companies, or tourists from visitin=
g China and engaging with Chinese friends and colleagues. Chinese researche=
rs can&rsquo;t communicate with foreigners anymore without pre-approval and=
 CCP monitoring. This policy has not meaningfully changed since China ended=
 zero-Covid last year. If the CCP is determined to seal off the population =
in an information bubble, then I doubt we&rsquo;ll see tensions ease in the=
 short term. Neither side is going to make concessions to the other on fait=
h; they want to see credible evidence that the other side isn&rsquo;t tryin=
g to screw them by exploiting theatrical diplomacy for geopolitical advanta=
ge.&rdquo;</p>
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09</td>
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h:100%;margin:0px">&nbsp;</td>
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padding:0;Margin:0;font-size:0px"><a href=3D"https://c19gz9zr.r.us-east-2.a=
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