He Yafei, a leading scholar of American studies in China, spoke with China-US Focus host James Chau in Hong Kong on Nov. 15. The following transcript has been lightly edited for clarity.

Trashing favorable treatment for rising countries in the WTO would be unconscionable.

Some wrestling may be needed before they can seriously look at decoupling.

A recent report by Mackenzie said that the country’s dependence on the world has shrunk, even as the world’s dependence on Chinese production and exports has continued to rise.

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.

To prevent countries’ interdependence from becoming a competitive weapon, countries should regard restraint and consensus as the hallmarks of a new framework in trade relations.

Unlike the Cold War, when the national strategies of the United States and Soviet Union shaped the course of world development, changes in the international pol

President Xi Jinping has pointed out that the world we live in is undergoing profound changes unseen in a century.

A tragic sensibility after the experience of two world wars compelled the United States to establish a new international order backed by American power. After decades of relative peace and prosperity, however, this sensibility is waning – as the United States demonstrates a lack of collective will to maintain its position on the global stage. As China increasingly assumes the position of a world power, it must maintain its tragic sensibility and awareness of crisis.

In the nineteenth century, the world was Europeanized. In the twentieth century, it was Americanized. Now, it is being Asianized – and much faster than you may think.