The U.S. has grown increasingly hostile to China’s rise. But we can’t afford to decouple from this engine of global growth.
With the Biden administration now under way, getting America’s China policy right is important for building back this nation’s economy. China drives global economic growth, so a sound bilateral relationship is important to American consumers and workers, as well as to families who are counting on stock market returns to pay for their retirement.
In the 10 years through 2019, China, on average, accounted for about one third of global economic growth, larger than the combined shar
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Bob Fu's relationship with China has gone through phases. First, he thought money would solve his problems there; then he joined protesters at Tiananmen Square, thinking the politics could change. In the end, he determined, only God could save China, and he's been fighting for religious freedom in China ever since he resettled in Texas. With his nonprofit, ChinaAid, prospering like never before, he says the U.S. is finally catching on.