Patricia M. Kim

There is a bipartisan consensus on the fact that China poses a broad challenge to the United States across multiple domains. I don’t believe we have a clear consensus on the precise mix of policies that are necessary to address this challenge. There certainly isn’t a consensus on how much de-risking and decoupling is necessary to strike the right balance between national security concerns and upholding American values and principles that have long held dear the free flow of information, people, trade and open markets.

There were expectations that early 2023 would be a window of opportunity for Washington and Beijing to get to work on building the guardrails for the relationship that both sides recognize are vital for preventing confrontation.

The United States and China share a strong common interest in not going to war with each other and global stability, generally speaking. This gives them a reason to engage with each other.