STRAT | Post-APEC and the USA vs China Relationship

<p>The world’s top two economies are devolving, and&nbsp;there is a desperate need to rebuild ties, both politically and economically with the rest of the world as stakeholders. To that point, a carefully orchestrated meeting between <strong>Xi Jinping</strong> and <strong>Joe Biden</strong> at the <strong>APEC Summit</strong> was held on November 17 in San Francisco, and the world now wonders what difference it made. If China and the USA continue to separate, the global economy will fragment – and this&nbsp;will inevitably lead to slower growth and more inequality, and geopolitical instability. In the worst case, the spiraling events could potentially cause a true world war. On this episode of <strong><em>STRAT</em></strong> the hosts see the threat of this divergence from a multi-polarity norm, per their previous discussions, as having potentially catastrophic consequences. Hope is that&nbsp;Xi&nbsp;considers that he has miscalculated.&nbsp;<strong>Mark Mansfield</strong> and <strong>Hal Kempfer</strong> discuss this and more in examining what is the biggest threat to the global order since the end of the Cold War.</p>