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US must urgently rethink its economic policies in Asia

Washington being left behind as China sprints ahead

| China
Representatives from members of the CPTPP meet in Santiago in May 2019: there are now two mega-trade deals in Asia that the U.S. is not part of.   © Reuters

David Dollar is a senior fellow at the John L. Thornton China Center at the Brookings Institution. Jonathan Stromseth is a senior fellow and Lee Kuan Yew Chair at Brookings.

As a new administration takes over in Washington, countries in Asia are watching closely to see if the United States can stabilize its democratic institutions, contain COVID-19 and stay engaged and competitive on the global stage.

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