2020 was a challenging year for the world and particularly US-China relations. There is an expectation within the American business community that the bilateral relationship will improve under the Biden administration while China hopes to cooperate with the United States. Regardless of who leads US the administration, the world's most important bilateral relationship in the coming decade will be best characterized as strategic competition, confrontation and cooperation.
There has been growing pressures by policy makers in Washington and Beijing to partially splinter the world's two largest economies in order to make their domestic supply chain more resilient. What does it mean for international business operating in China? On the one hand, companies are doubling down their 'in China for China' investment strategy, on the other hand, they are looking to diversify their supply chains beyond China.
What does the future hold for US-China relations over the short, medium and long term? As both countries work to find a new equilibrium, what are the risks and opportunities for international businesses? What is the future prospect of China's economy? Will China deepen or scale back its economic reform and opening? Will Shenzhen become the next Silicon Valley? What's next for GBA development?
This ten-part virtual series will bring together business and academic thought leaders from both China and the US to decipher issues that are shaping the future of global trade. This series is intended for business executives and the general public to stay informed of the latest business development in China and the US.