#USChinaTensions

The conflict shows no near-term resolution, with both sides prioritizing strategic gains over economic costs. Key risks include:

-Global Fragmentation: In trade, science, and technology, undermining efforts to address climate change and pandemics .

-Domestic Pressures: China’s reliance on fiscal stimulus vs. U.S. consumer resilience amid inflation .

As Wendy Cutler noted, "The decoupling of the two economies is at full steam" , signaling a prolonged era of systemic competition.