NRPLUS MEMBER ARTICLE M any experts now predict that China is on track to become the world’s largest economy and most powerful nation. The United States, however, still has one sure path to beat Beijing’s bid for supremacy: America must win the economic competition with China.
Washington needs a new grand strategy that can counter Beijing’s quest for power by preserving American economic dominance. This requires building U.S. financial, technological, and industrial strength while orchestrating economic containment of the People’s Republic of China.
For decades, U.S. strategy toward China has been based on the belief that economic engagement would lead to a healthy U.S.–China relationship. But …