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US-China relations can be improved under Biden, but geopolitical rivalry & human rights can't be ignored
US-China Relations Can Improve | Geopolitical Rivalry Remains | The Red Pen | GZERO Media

US-China relations can be improved under Biden, but geopolitical rivalry & human rights can't be ignored

In their latest op-ed for Project Syndicate, Javier Solana and Eugenio Bregolat stress the importance of the US and China not becoming staunch enemies - but the piece also avoids some uncomfortable truths about the US-China competition. Ian Bremmer, along with Eurasia Group analysts Michael Hirson and Jeffrey Wright, grabbed The Red Pen to clarify a few points re the US-China relationship.

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The recovery will be a jagged swoosh, not a V-shape
The Recovery Will Be a Jagged Swoosh, Not a V-Shape | The Red Pen | GZERO Media

The recovery will be a jagged swoosh, not a V-shape

British economist Jim O'Neill says the global economy can bounce back right to where it was before, in a V-shaped recovery. But his argument is based on a lot of "ifs," plus comparisons to the 2008 recession and conditions in China and South Korea that may not truly apply. Ian Bremmer and Eurasia Group's Robert Kahn take issue with O'Neill's op-ed, on this edition of The Red Pen.

Today, we're taking our Red Pen to an article titled "A V-Shaped Recovery Could Still Happen." I'm not buying it. It's published recently by Project Syndicate, authored by British economist named Jim O'Neill. Jim O'Neill is very well known. He was chairman of Goldman Sachs Asset Management. He's the guy that coined the acronym BRICS, Brazil, Russia, India, China. So, no slouch. But as you know, we don't agree with everything out there. And this is the case. Brought to you by the letter V. We're taking sharp issue with the idea that recovery from all the economic devastation created by the coronavirus pandemic is going to happen quickly. That after the sharp drop that the world has experienced, everything bounces back to where it was before. That's the V. Economists around the world are debating how quickly recovery will happen to be sure. But we're not buying the V. Here's why. W-H-Y.

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