Tianjin’s AMNC 23 conference provides positive news. It sent out strong signals that a revival of global growth is on the way and provided reassurance that the world is not moving into a lost decade.

Before Deng Xiaoping launched China’s reform and opening up, the People’s Republic was working to establish a self-sufficient economy. But after dec

Lip service notwithstanding, what Washington has been doing over the years is a form of decoupling with China — in the guise of national security. Top American officials have not articulated any boundary between decoupling and what they say are moves to “de-risk” the relationship. In many ways, they look the same.

The international financial infrastructure has long been dominated by Western institutions. China’s advances in digital currency could help spread its influence on global commerce enough to challenge the hegemony of the U.S. dollar.

Restore normal diplomatic exchanges, avoid war and strengthen economic ties — these are at the top of the list. It’s clear that trade is increasing, not decreasing, and we should continue developing scientific and technological exchanges. While competition is inevitable, war is not.

The Biden administration’s long-awaited strategic framework for trade with China may not be more effective than Trump’s. But it’s imperative to avoid harm and to push for new engagement consensus.

Despite a meeting of presidents and intensive talks at lower levels, the United States has not fundamentally altered its position. This needs to change. Next year should be characterized by reasonable, constructive efforts — followed by action — to ease the current tensions.

Headlines would suggest a U.S.-China confrontation is imminent, but a close examination of the economic relations between the two nations and the material reality of trade reveal that instigating a conflict would be a proverbial shot in the foot for either side.

U.S.-Sino ties plunged during the Trump administration, but the downfall has only intensified since Biden’s presidency. Without concrete policy shifts, the tensions, fueled by defense contractors, translate to arms races and elevated nuclear risks in Asia.

In Washington, relations between China and the United States are often seen in terms of ideology — a game in which both seek to export their political systems and topple the values of the other. But the more immediate question involves industrial policies.