Event Summary
Apprehension over China's military and economic ambitions has led the United States to rely increasingly on financial sanctions and export controls on China. But the complexity of sanctions and controls makes it difficult to account for their magnitude or effectiveness. This Policy Brief introduces a new dataset to help policymakers and the public understand and analyze the exponential growth of attempts at economic coercion on China and the likelihood of more pressure in the future. The research also demonstrates that the US government has lagged in developing a framework for assessing the tradeoffs between benefits and costs, such as loss of US competitiveness in the tech sector and the potential for rankling US allies unwilling to go along.
Martin Chorzempa, PIIE senior fellow, and Yuting (Christine) Wan, PIIE research analyst, present the Policy Brief titled The Rise of US Economic Sanctions on China: Analysis of a New PIIE dataset. Following their presentation is a discussion with Peter Harrell, nonresident scholar with the American Statecraft Program at the Carnegie Endowment for International Peace, moderated by Mary E. Lovely, Anthony M. Solomon Senior Fellow at PIIE.
The Policy Brief will be released on Wednesday, December 4 at noon ET and will be available here.
MODERATOR
Mary E. Lovely
Anthony M. Solomon Senior Fellow, PIIE
SPEAKERS
Martin Chorzempa
Senior Fellow, PIIE
Peter Harrell
Nonresident Scholar, American Statecraft Program, Carnegie Endowment for International Peace
Yuting (Christine) Wan
Research Analyst, PIIE