Clash of Titans: US-China Relations
A Conversation with
Stephen Roach
MODERATED BY
Ambassador Robert Hormats
Wednesday, SEPTEMBER 27th, 5:30 - 7:00 pm ET
IN-PERSON, UPPER EAST SIDE, LIMITED CAPACITY!
Dinner to follow (Executive members and above)
The ever-evolving dynamics between the United States and China hold a global spotlight, with implications that reverberate well beyond their respective borders. Navigating the complexities of this critical bilateral relationship, characterized by both cooperation and contention, bears profound significance for the state of global affairs.
How does the United States and China, two of the world's most influential and powerful nations, navigate their complex relationship across economic ties, security dynamics and geopolitical competition? Join The Common Good and Stephen Roach, one of the nation’s esteemed economists, moderated by Amb. Robert Hormats as they unravel the complexities that define the interactions between these influential nations.
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About Our Speakers
Stephen Roach has been a member of the Yale faculty since 2010. He was the first senior fellow to join the faculty of Yale University’s Jackson Institute of Global Affairs at its inception in 2010 and remained in that capacity until 2022; over that period, he was also a Senior Lecturer at Yale’s School of Management. He joined Yale Law School’s Paul Tsai China Center in 2022. He was formerly Chairman of Morgan Stanley Asia and the firm’s Chief Economist for the bulk of his 30-year career at Morgan Stanley.
A rare combination of thought leadership on Wall Street and academia places Stephen Roach in the unique position as a leading practitioner of analytical macroeconomics. At Yale, he introduced new courses for undergraduates and graduate students on the “The Next China” and “The Lessons of Japan.” Dr. Roach’s current research program focuses on the impacts of the conflict-prone US-China relationship on the broader global economy. His latest book, Accidental Conflict: America, China, and the Clash of False Narratives (Yale University Press, 2022) examines the ominous trajectory of conflict escalation between the United States and China and a provides a unique roadmap for conflict resolution. His 2014 book, Unbalanced: The Codependency of America and China explored the risks and opportunities of the world’s most important economic relationship of the 21st century.
Robert Hormats has been a senior official in the administrations of five different American presidents, a top executive on Wall Street and major business leader working with companies in the United States and throughout the world. His most recent government job was Under Secretary of State for Economic Growth, Energy and the Environment. He is currently Vice Chairman of Kissinger Associates, Inc.
Mr. Hormats began his career as Senior Staff Member on the National Security Council Staff in 1969. During his tenure, he served as senior advisor to Dr. Henry Kissinger, General Brent Scowcroft, and Dr. Zbigniew Brzezinski. In this capacity, he was responsible for international economic policy, global energy issues, foreign trade and investment matters and monetary/financial issues. He played a major role in the opening up of U.S. relations with China as Senior White House Economic Advisor to Dr. Kissinger during the early 1970s, the American response to the global energy crisis of the 1970s, international trade negotiations and resolving a number of financial crises involving Asia, Russia, Latin America and the U.S.
Related Readings:
“How Scary is China’s Crisis?” (Paul Krugman, The New York Times)
“Whither China? Part III: Policy hubris and the end of infallibility” (Adam Tooze, Chartbook)
“A deep crisis in China would pose a choice for two leading powers” (Henry M. Paulson Jr., The Washington Post)
