The Futures Summit: A New Era of Development Cooperation
April 10, 2026 • 8:30 am – 4:30 pm EDT
Hosted by Global Development
U.S. Faces Economic Competition with Asia
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In the 1980s, Japanese companies were snapping up prime New York real estate and Japanese cars lined both Main Street and Wall Street, spiking economic anxiety in the U.S. As a result, Americans and politicians targeted the country, through the destruction of Japanese-made products and heavy tariffs.
Today, China finds itself in a similar situation.
Ambassador Carla Hills, Bill Reinsch, Craig Allen, Kim Menke, and Don Morrissey discuss the similarities and differences between the anti-Japanese sentiment of the 1980s and the anti-Chinese sentiment of today.
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Erin L. Murphy
Former Deputy Director, Chair on India and Emerging Asia Economics and Senior Fellow, Emerging Asia Economics