China is a challenge for the US but also an opportunity. The US-China relationship is far too important.

A cold war between the United States and China would leave both countries and the world worse off. It would be dangerous and costly.

Unfettered strategic competition would almost certainly lead eventually from an escalating cold war to a hot war, with disastrous implications for the world

The demand that China eliminate its bilateral trade surplus with the US is misguided. There is no reason why merchandise trade balances should matter at all

HONG KONG – On October 1, the People’s Republic of China celebrated the 70th anniversary of its founding with impressive military and civilian parades meant to showcase the extraordinary progress the country has made under the leadership of the Communist Party of China. Formidable challenges lie ahead. But China’s record so far, and the resources it has at its disposal, indicate that it may well be up to the task.