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Xi’s losing bet on Putin is backfiring
By Will Marshall
President and Founder of the Progressive Policy Institute
For The Hill
Since Xi Jinping rose to power in 2013, China has pursued an increasingly self-isolating diplomacy of jut-jawed belligerence. Nothing better illustrates the damage done to Beijing’s global standing than Xi’s declaration of a “no limits” partnership with Russia’s Vladimir Putin.
For starters, it was spectacularly mistimed. Xi announced the new Sino-Russian alliance during the Beijing Olympics in February 2022, just 20 days before Russia invaded Ukraine.
There’s no indication that Putin gave Xi a heads up about the attack, though President Biden had repeatedly warned the world it was coming. The invasion put the Chinese leader on the spot because it brazenly violated two principles Beijing supposedly holds sacred — territorial integrity and non-interference in the affairs of sovereign states.
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New from the Experts
Elan Sykes, Energy Policy Analyst: One Year Later, the IRA has Made Strides in Clean Energy Transition and Created Opportunities for Working Families
⮕ PPI Statement
Why We Can't Have Nice Things: The Ghosts of Protectionism Past, ft. Ed Gresser, VP and Director of Global Trade and Markets
⮕ Reason
PPI Provides Policy Solutions for USTR to Advance Equity and Support Underserved Communities in Trade Policy
⮕ PPI Press Release
Ed Gresser, VP and Director of Global Trade and Markets: Trade Policymaking for Underserved America
⮕ PPI Publication
Weekly Trade: International Oversight, ft. Ed Gresser, VP and Director of Global Trade and Markets
⮕ Politico
Europe sparks U.S. border carbon tax talks, ft. Paul Bledsoe, PPI's Strategic Adviser
⮕ Cipher News
Trade Fact of the Week: The number of working satellites in space has doubled since the Biden administration began
⮕ PPI's Trade Fact of the Week
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 One year after the CHIPS Act, Congress is starving science
By Ben Ritz and Stephen Verral
Director of PPI's Center for Funding America's Future and PPI Fellow
For The Hill
Public investments in research and development (R&D) during the 20th century have powered many of America’s greatest advancements. However, federal funding for R&D has been declining over the past 50 years. Now, as Congress negotiates spending bills for the new fiscal year, investments in R&D are being further starved in an effort to reduce budget deficits. Although now is a time when the federal government should be unwinding the nation’s debts, cutting R&D funding is a shortsighted decision that will barely change the fiscal trajectory while hobbling America’s ability to innovate.
When Congress passed the bipartisan CHIPS and Science Act one year ago, it was supposed to herald a $200 billion increase in public R&D that reversed the long-term funding decline and prevented China from gaining a technological edge. But lawmakers failed to appropriate the funds needed to meet this target in Fiscal Year 2023 — and the outlook for 2024 is even worse.
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Gas Is a Better Option Than Coal on Our Path to Draw Down Emissions
As the climate crisis worsens, the debate over emissions from natural gas is heating up, too. Unfortunately, both gas opponents and gas supporters have been cherry-picking the data, especially regarding the lifecycle emissions of gas, which under almost all circumstances are still lower than coal.
These contretemps are obscuring significant agreement between many gas suppliers, government regulators and climate campaigners about the need to dramatically reduce fugitive emissions of methane from the U.S. and global systems so gas can be as low-emitting as possible.
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🗓️ Mark Your Calendar!
Wednesday, September 13: An Exclusive One-on-One Conversation with Delaware Lt. Gov. Bethany Hall-Long on Working Families and Health Care Policy
⮕ RSVP Here
Be sure to keep an eye out for future PPI events!
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RAS Reports
The Future is Woman: Episode 5
PPI’s Reinventing America's Schools (RAS) Project has a new podcast series titled "The Future is Woman" recorded live at the 2023 Essence Festival in New Orleans, Louisiana. In the fifth and final episode of this five-part series, RAS co-director Curtis Valentine sits down with Dr. Kaya Henderson, Chief Executive Officer of Reconstruction.
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Don't Miss These PPI Reports
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Staff Spotlight: Ed Gresser
Ed Gresser
VP and Director of Trade & Global Markets
Ed Gresser is Vice President and Director for Trade and Global Markets at PPI. Ed returns to PPI after working for the think tank from 2001-2011. He most recently served as the Assistant U.S. Trade Representative for Trade Policy and Economics at the Office of the United States Trade Representative (USTR). In this position, he led USTR’s economic research unit from 2015-2021, and chaired the 21-agency Trade Policy Staff Committee. Ed is the author of Freedom from Want: American Liberalism and the Global Economy (2007). He has published in a variety of journals and newspapers, and his research has been cited by leading academics and international organizations.
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