Presentation of the sino-american relationship:

Economic interdependance :
• In 2020, bilateral merchandise trade between the two countries amounted to
approximately $559 billion.
• China is the largest foreign creditor of the United States, holding a significant portion
of US public debt.
Geopolitical competition:
• China is on track to become the global leader in technology, particularly in 5G and
artificial intelligence.
• The United States has taken measures to limit the presence of Chinese companies in
its domestic market, citing national security concerns.
Diplomatic relations:
• Since 1979, the United States no longer has official diplomatic relations with Taiwan,
but maintains informal relations and provides defense support.
• China regards US support for Taiwan as interference in its internal affairs and a
violation of the One China policy.

Taiwan’s role in the rivalry:

Strategic ally:
In 2020, the United States approved the sale of $5 billion worth of weapons to Taiwan,
thus deepening their military cooperation.
Furthermore, the United States has strengthened its military presence in Taiwan by
deploying warships and fighter jets in the region.
Technological HUB:
In 2021, Taiwan exported over $100 billion worth of electronic products, including chips
and displays, contributing to its technological influence.
Moreover, Taiwan is a global leader in semiconductor manufacturing and supplies a
significant portion of chips used in electronic products worldwide.
Democracy in action:
In 2020, Taiwan ranked 11th on the Economist Intelligence Unit's Democracy Index,
demonstrating its political stability and respect for human rights.
Additionally, Taiwan is the only Asian country with a free press and a vibrant civil society,
further bolstering its status as a democracy.
Global geopolitical implications:
International relations:
In 2020, bilateral trade between China and the United States amounted to over $560
billion, making it one of the most significant trade relationships in the world.
Type of global leadership:
In 2021, China was the second-largest global investor in terms of FDI (Foreign Direct
Investment), and the United States was the first, underscoring their global economic
influence.
Balance of power:
In 2020, the European Union adopted a "connectivity" strategy to strengthen its relations
with Asia and counterbalance China's growing influence in the region.

Conclusion and future perspectives:

Uncertain future:
In 2020, China's military expenditures reached around $252 billion, while the United
States' military expenditures were approximately $732 billion, reflecting the strategic
importance of the region for both countries.
Dialogue and cooperation:
In 2019, Taiwan signed a free trade agreement with Singapore, demonstrating the
willingness of some regional actors to promote positive economic relations despite
political tensions.
Evolving dynamics:
In 2021, China became the European Union's top trading partner, highlighting the
growing economic importance of China on the global stage.