Читать книгу Financial Cold War. A View of Sino-US Relations from the Financial Markets онлайн
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The focus of this book is the escalation in tensions between the US and China. There is a severe risk that a misdiagnosis of key sources of tensions will lead to the wrong treatments being applied, allowing conflicts to spread and become more aggravated. It is therefore critical to carefully examine the history of the Sino-US relationship, including its financial dimensions, to correctly identify the key issues that must be addressed.
Modern History of Sino-US Relations
After the CCP came to power in 1949, a rift opened between the US and China along the ideological lines of capitalism versus communism. As the Cold War got under way, the US applied the same strategy of ‘containment’ towards China that it employed with the Soviet Union. For three decades, the US did not officially recognise the People's Republic of China (PRC) and sought to limit its influence in and recognition by the outside world. For its part, China treated the US as a strategic enemy and sought to spread communist revolution in Southeast Asia, threatening US interests. The countries stood on opposing sides in two wars: in Korea (1950–1953) and in Vietnam (1955–1975).