The U.S. House speaker made a bad situation worse, and China-U.S. relations are headed to a new low. Changes can be seen on multiple fronts, but perhaps most clearly in the military dynamics between the two countries and in the chip-making regime, which has become an important chess piece in the geopolitical game.

It’s imperative that the new “low” in U.S.-China relations doesn’t become the new normal. And understanding the historical connotations of the relationship, particularly regarding Taiwan, is imperative for paving the way for a better, more diplomatic future.

At this year’s Aspen Security Forum (which I co-chair) in July, China’s ambassador to the United States, Qin Gang, appealed for better understanding of his country. But there was considerable debate among the assembled experts about China’s objectives. President Xi Jinping has announced China’s intention to outpace America in critical technologies such as artificial intelligence and synthetic biology by 2030, and many analysts predict that China’s GDP (measured at market exchange rates) will surpass that of the US early in the next decade. Is China seeking to displace the US as the world’s leading power by the centenary of communist rule in 2049?

Kathryn is a Master’s in International Relations candidate at Johns Hopkins University School of Advanced International Studies (SAIS) and former appointee at the United States Agency for International Development (USAID).

The most recent direct discussion between U.S. President Joseph Biden and Chinese President Xi Jinping was dominated by the Taiwan issue—which has become increasingly volatile and has returned to a central point of tension in the relationship. The telephone conversation allowed each president to restate their respective positions. Hopefully such an exchange will contribute to restraint, non-provocations, and stability between Beijing and Washington (although Taipei has its own agency and can cause instability).

The recent conversation offered an opportunity to manage bilateral relations from a strategic height. But because of domestic political strife in the U.S, there will likely be no letup in attempts to amplify “China threat” rhetoric.

There is uncertainty in the relationship between the EU, the U.S. and China due to the EU’s increased dependence on Russian Oil and Chinese goods and markets, amidst the Ukraine war and increased tensions between the U.S., China and Russia.

Europe’s interests require that it strongly back the global trading system and establish multilateral independence toward other countries, especially China. Strategically autonomy, however, means the EU must break away from its reliance on Washington.

As an emerging power, China must cultivate a healthy national psyche, seeing not only from its own perspective but also that of others. It should do its own things well, balancing reform, development and stability. And it should work to reestablish positive relations with the U.S..

President Joe Biden’s trip didn’t measure up to expectations. That’s because America’s hegemony in the region is not what it used to be. If the Biden administration had recognized this early, U.S. diplomacy would have been more rewarding.