C. Peter McColough Roundtable Series on International Economics: Rebalancing the U.S.-China Economic Relationship
The C. Peter McColough Roundtable Series on International Economics is presented by the Corporate Program and the Maurice R. Greenberg Center for Geoeconomic Studies.
In this excerpt from his CFR Working Paper The Pivot in Southeast Asia: Balancing Interests and Values, Joshua Kurlantzick analyzes the Obama administration's Southeast Asia policy, and assesses how it has gone wrong.
China's new Asia Infrastructure Investment Bank has raised questions about United States policy in Asia. Several European nations, South Korea and Australia have signed on to China's initiative, which seeks to raise $50 billion to $100 billion for Asian development. While the U.S. remains cautious about this new China-led effort to fund infrastructure and development, it should welcome the participation of others.