Event organizer: Le Cercle des économistes
Media Center

Overcoming geostrategic tensions

Debate 6 Canal 6 July 4, 2020 14:00 - 14:50


Overview

Geostrategic tensions are numerous and are of very different natures: trade conflict between the United States and China; between the United States and Europe; geopolitical and military crises in the Middle East, the China Sea…

What these tensions have in common is that they reveal an opposition between the logic of economic efficiency and the logic of power. The relationship between the United States and China was favourable to both countries (allowing Americans to consume more and Chinese to produce more) until the United States realized that the transfer of production to China was beginning to threaten the technological leadership of the United States. They then put in place tariffs and restrictions on the acquisition of Chinese technology, which had an increasing cost and economic efficiency.

Regional conflicts are conflicts to become the dominant power in the region (between Saudi Arabia and Iran, between China and its Asian neighbours) but they are also in contradiction with economic logic: Middle Eastern countries should jointly manage oil resources and then the output of oil and natural gas; Asian countries are very highly integrated economically.

Ultimately, a return to the logic of economic efficiency would be the best way to overcome geostrategic tensions.


Speakers

Suzanne BERGER
Professor
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Massachusetts Institute of Technology
Bio
Shaye LU
Ambassador Extraordinary and Plenipotentiary
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Ambassadeur de la République populaire de Chine en France
Bio
Patrick POUYANNE
Chairman & CEO
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Total
Bio
Rodolphe SAADE
Chairman and Chief Executive Officer of the CMA CGM Group
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CMA CGM
Bio

Coordinator

Patrick ARTUS
Member
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Le Cercle des économistes
Biographie

Moderator

Hedwige CHEVRILLON
TV PRESENTER
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BFM Business
Biographie

Contributions

Overcoming geostrategic tensions - Contribution of Shaye LU, Ambassador Extraordinary and Plenipotentiary, Ambassadeur de la République populaire de Chine en France




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