The pandemic will eventually subside. But ‘normal functioning’ of the economic relationship between the world’s two largest economies will be increasingly different to what it was before, according to a new report from USSC Non-Resident Senior Fellow, Dr John Lee. The three Ds – decoupling, disentangling and diversification – are the likely US playbook to handle the messy economic separation. But how does this occur after decades of US supply chains relying on “Made in China”? Which sectors will be the most disrupted? What are the implications for Australia?
To discuss these issues, the USSC hosted a webinar event featuring USSC Senior Fellow Dr Charles Edel in conversation with Dr John Lee, USSC Non-Resident Senior Fellow and the author of the recently published USSC report "US-China economic distancing in the era of great power rivalry and COVID-19".
Dr John Lee
Senior Fellow, Hudson Institute
Dr John Lee was previously a Senior Fellow (non-resident) at the United States Studies Centre at the University of Sydney. He is a Senior Fellow (non-resident) at the Hudson Institute in Washington DC. From 2016-2018, he was senior adviser to Australian Foreign Minister Julie Bishop.
Dr Charles Edel
Australia Chair and Senior Adviser, Center for Strategic and International Studies
Dr Charles Edel is the inaugural Australia Chair and a senior adviser at the Center for Strategic and International Studies. He was previously a Senior Fellow at the United States Studies Centre at the University of Sydney. Prior to this, he was Associate Professor of Strategy and Policy at the US Naval War College, and served on the US Secretary of State’s Policy Planning Staff from 2015-2017. In that role, he advised Secretary of State John Kerry on political and security issues in the Asia-Pacific region.