The Dance Between The US and China

The Dance Between The US and China


The concept of "Chimerica" ​​was first used in 2006 by historian Niall Ferguson and economist Moritz Schularick to describe the intricate relationship between China and the United States. According to them, the relationship between the two countries was far beyond classical competition and had a symbiotic structure that fed off each other. China, while producing and saving with extraordinary performance, was also financing the US. Every dollar earned from exports flowed into American treasury bonds; the US, in turn, consumed more, borrowed, and created resources for China's growth. China's production ambitions and the American appetite for consumption had merged, becoming the engine of China's massive growth. This created a state of interdependence, albeit an asymmetrical one. However, it became clear that over time, this situation transformed into a forced partnership between two partners who, instead of building trust, were suspicious of each other. This was the fundamental paradox of Chimerica: how could such a dependence, built on incompatibility between two different species living in the same body, be sustained? The concept seems to allude to the Chimera from ancient Greek mythology. It was reminiscent of the "Chimera," a creature composed of different animals, as described in Homer's Iliad: "A lion in the front, a goat in the middle, and a snake in the back; “A terrifying and powerful, fire-breathing hybrid creature.” In some narratives, the serpent is replaced by a dragon; wings are added to the lion-headed body. Chimerica was no different from Chimera. An inconsistent integration where two countries are situated on a single line. But could different and incompatible species attached to the same body both compete and cooperate without cutting off each other's lifelines and poisoning each other?

While Trump's visit to China, followed with interest worldwide, focused on issues such as tariffs, chips, and Taiwan, public opinion focused on finding the answer to the question of who is the world's true leader through small symbolic details. Comparisons were made between Xi and Trump; discussions about mistrust and cultural differences arose from the US delegation throwing away their name tags, phones, and promotional materials before leaving the airport. The Chinese side did not shy away from displaying the dazzling grandeur of a great civilization throughout the trip; the US side also openly expressed its great admiration. Trump's use of the phrase "Xi is a great leader" to express his admiration and "great civilization" for China is proof of this. (Like Iran) While it may seem small to him, it's a giant leap for humanity to pay homage to another ancient civilization in the face of the threat to destroy an ancient one! In particular, Xi showing Trump the 300-year-old tree in the Zhongnanhai Garden was, in my opinion, one of the most interesting symbolic details of the visit. After King Charles, during his last visit, emphasized that the US is a young state with only a 250-year history, saying, "250 years is like yesterday for us," Xi's reference to historicity was not unexpected. The US's strength comes from its youth and dynamism; China's comes from its deep roots and ancient traditions. Xi, while saying, "we think in terms of civilization, not election cycles," was also emphasizing that their wisdom in patience comes from their "relationship with time." Trump tried to highlight his mission of representing the future by including techno-elite figures in his visiting team. He was trying to send the message that the relationship between the two countries could be conducted not through generals or technical diplomats, but through a newly opened channel: technology investors. The discussions had been ongoing. Both the topics on the table and those seated around it were indicators of a shift in mindset. The founders of data empires, architects of artificial intelligence, and technology investors were taking the dynamism of the bilateral relationship to another dimension. New actors were now involved in the US foreign policy-making process. While techno-elites emerged as the building blocks of the new architecture in the relationship, it should also be noted that there is a difference between US and Chinese representatives. In the US, the state positions autonomous technology investors as strategic partners, while in the Chinese model, the technology sector is situated within state discipline, as dependent units. Although the Xi administration supports technology investors, it has no intention of ever allowing them to transform into independent power centers. Indeed, it seems that while Trump takes techno-oligarchs with him on international visits like diplomats, Xi prefers to embed them within the system. Time will tell which of the two models will be more effective in the coming period.

While Trump's visit to China may not have yielded concrete results, the fact that a constructive dialogue took place between the parties was significant. The two sides did not hold a joint press conference and attempted to maintain a consistent tone through separate statements. It appears that some progress has been made on trade and tariffs. Regarding Taiwan, Trump seems to have adopted a stance that sides with China. For Xi, the Taiwan issue is a historical and identity-based one; Trump, on the other hand, is looking at what he can gain in return for what he gives in negotiations. Ultimately, it is more meaningful to view this summit not as a problem-solving and forward-looking event, but as a meeting that maintains stability in competition. I can say that the "Chimerica" ​​architecture, just like "Chimera," will continue to remain embedded within the same structure for at least some time.

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