The exit of Western producers from Russia led to China's increased presence in Europe, with significant benefits for Chinese manufacturers and oil companies but also raises concerns about geopolitical implications. China's expansion and the recent rise of India as an oil exporter has led to consequences for European energy security and the global economy.

The decline in trade cannot continue, as both countries need each other. It can be expected that they will patch up their disputes and work together, turning the numbers around to bring more tangible benefits to their people.

The United States lacks the strength and influence to simultaneously contain both China and Russia. As with the Iraq and Afghanistan wars, its policies will place it in strategic overdraft and lead to more strategic errors.

There are and will continue to be differences between China and the United States. This is typical of humans, as any family knows. But the world needs China and the United States to be working together, marshaling and complementing their respective strengths.

Germany’s newly minted Foreign Minister Annalena Baerbock is laying shaky foundation with China by framing relations as a values-based competition with an “authoritarian regime.” She might want to take economic reality into account.

The recently concluded G-7, U.S.-EU, and NATO Summits in Europe showed newfound coordination and common purpose vis-à-vis China. This represents a new and more confrontational stage in Sino-Western relations. China’s reactions to the joint communiqués were quick to condemn them. Expect heightened tensions between China and the West in the months ahead.

In China, it’s widely believed that the most important driving force for economic growth in the first quarter of century after the Cold War has been economic globalization. The world economy has expanded more than three times, lifting many people out of poverty.

For a country seeking to promote its own development, enacting a successful long-term development plan is key, regardless of the economic system. Benefiting from its long-term plans, China is gradually growing into a global power.

Whenever China is faced with a challenge or an obstacle, it overcomes it, and grows stronger in the process.

At the 19th CCP National Congress, Xi Jinping called for building a community of a shared future for mankind. But what are the implications of this initiative?