Part 6/12:
Discussants explored the implications of the China deal, highlighting how the decoupling from critical technologies like rare earth minerals could inadvertently spur greater dependence on allies like Canada and Australia. They noted that the Biden administration is increasingly aware of vulnerabilities due to dependence on China, and the meeting's timing and messaging strategies seemed more sophisticated, including real-time streaming of part of Biden’s remarks—a notable shift from previous administrations.
Concerns were voiced about the lack of oversight over China’s use of advanced chips and materials, emphasizing that while agreements on trade and fentanyl are promising, unresolved issues remain and the relationship continues to be complex and fraught.