The lesson of the DPRK’s latest nuclear test is that talking to North Korea offers a better hope of success than ignoring it. But then, that’s what Beijing has been telling the U.S. for a long time.

As the latest episode in regional conflict has unfolded, China has acted quickly on the diplomatic front, working with the United States and other major powers to reduce tension and resolve the Saudi-Iranian standoff through dialogue.

George Koo describes how a treaty between the U.S. and North Korea was within grasp until George W. Bush’s administration halted the proceedings. Since then, dealing with Pyongyang has become a blame game between the U.S. and China.

Washington should propose a “grand bargain” to Pyongyang by formally ending the state of war on the Korean Peninsula, lifting of all except narrowly defined military sanctions against the North, and U.S. diplomatic recognition of the North Korean regime. In exchange, Pyongyang would agree to place its nuclear program under international safeguards and extend diplomatic recognition to South Korea.

The recent U.S. arms sales decision regarding Taiwan led to a more moderate Chinese government reaction than seen in many previous transactions. The U.S. arms transfers to Taiwan serve multiple purposes and are likely to continue whoever is the leader of the next government in Taipei and in Washington.

“Strategic Patience” has not served the US well as a policy, nor has a collection of unilaterally pursued sanctions, diplomatic pressure, isolation and military deterrence. Even late in a president’s second term, there is an opportunity to shift gears and seek a new approach.

Despite disorder in the world, China and the US are finding ways to minimize risks with their armed forces, while counter-terrorism and anti-piracy provide new opportunities for cooperation. While the bilateral relationship is intrinsically volatile and competitive, the two militaries have been remarkably adept at finding common protocols, even in contentious areas like the South China Sea.

China used the World Internet Conference to promote its vision of Internet governance to an international audience and to defend the concept of cyber sovereignty. China will continue to push for multilateral internet governance, rather than multi-stakeholder internet governance, which can include private companies and other groups.

While Moscow-Ankara tensions are in the short-term spotlight, a different bilateral relationship will shape the outcome of Middle East conflicts. Should the militaries of Russia and US cooperate fully, the complete collapse of ISIS could be expected soon, as Russia’s foreign minister recently noted. Such a truly united front in the war on terrorism would be a gratifying achievement on the world stage.

Mutual suspicion between China and the US should be dissolved through dialogue and transparency. If China could brief America of Beijing’s reclamation moves beforehand in the future, and the US would abandon its approach of microphone diplomacy, accidents like the 2001 air collision and future conflict should be avoided in both countries’ interest.