5 months, 1 week ago

New start or old patterns for the two largest economies?

According to US media, the American people have elected Donald Trump as the 47th president of the United States, a momentous event that is significant for not only Americans but also the entire world. Much of the tension between the two major powers stems from a perception in Washington that China's rise poses a direct threat to the US' prosperity and the American way of life. While China's economic and political influence continues to grow, it does not necessarily follow that this growth will come at the expense of the US or its global standing. Power is relative, and as China's global influence increases, the US' unilateral dominance in world affairs inevitably erodes. The new US administration has the opportunity to take a bold step in reassessing its understanding of China's strategic intentions and in crafting a more forward-thinking and cooperative approach to managing the Sino-US relationship.

China Daily

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