What a difference a decade makes. When the second decade of the millennium opened, the United States was advocating an open door for trade and investment with China. In November 2011, President Barack Obama, in a speech to the Australian Parliament, revealed Washington’s new strategic and economic policy: the Pivot to Asia.
A month earlier, Secretary of State Hillary Clinton published an article in Foreign Affairs outlining deeper engagement with Asia. Asian markets for trade and investment were seen as a key to US economic recovery following the global financial crisis, and none more so than China. Clinton declared that the ‘region [was] eager for our leadership and our business …’ Today, of course, China is the single biggest market for every country in the region.
Terminus: Westward expansion, China, and the end of the American empire by Stuart Rollo
Johns Hopkins University Press, US$55.95 hb, 289 pp
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