September 24, 2024
| Nathan Picarsic, Emily de La Bruyère
The need to move beyond America’s new containment
A "small yard, high fence"-centered approach to China is ill-suited for today’s technological and geopolitical environment and threatens to have a deleterious effect on the global economy. Beijing’s distortive, state-backed industrial policy requires a more systemic response. A full-throated American defense of free trade and economic prosperity would better mobilize the private sector and American allies – as opposed to an approach that relies solely on tactical restrictions on trade and investment.