Judging from the current international mood, neither an armistice nor peace talks will likely come about this year, and the war will continue to drag on between Russia and Ukraine. At some point, it will become politically untenable in the West and financially unsustainable in Russia.

America’s actions that are directly detrimental to China’s interests render China’s cooperation in some regions irrelevant. The good news is that China and the U.S. have agreed to strengthen cooperation. But to ensure concrete results, the U.S. needs to do more.

China and the United States should promote dialogue and cooperation. Both possess rich talent resources, robust economies and cutting-edge high-tech power. Their interactions in the emerging field and the associated realm of global governance, will have a significant impact on the future of humanity.

Subsidies have evolved into dual-purpose instruments, serving as drivers of self-reliance and geopolitical tools. This transformation, spurred by economic strategies and national security concerns, blurs the line between economic prosperity and safeguarding strategic interests, urging the need for a unified global economic stimulus strategy and enhanced cooperation in new realms to navigate this complex interplay effectively.

The new frontier of AI may be the most exciting technology in the world, and the most controversial. The need for regulations across cultures and countries could be an opening for the U.S. and China to cooperate for the greater good.

The ongoing fighting between Israel and Palestine has led to soaring tensions in the Middle East, with additional backlash against America’s role in backing Israel’s actions. China seems poised to take this opportunity to enhance its own interests among regional powers.

It is based on American-style multilateralism but transcends it. China wants to optimize the existing order rather than create a new one. It wants to inherit the American style’s merits but correct its defects and add an element of consultation.

Even though the United States acknowledges that the world is undergoing significant changes, it has failed to grasp the nature of the transformation. This is lamentable, not a positive development for the global community.

The most significant takeaway from the September G20 Summit in New Delhi was the emergence of the Global South as a key political voice in a bitterly divided world.

Judging from a lengthy slate of indicators, discounting China’s position in the world economy over a momentary economic slowdown would be a mistake. Failing to understand China’s recent progress and future ambitions could lead the United States to squander its own long-term advantages.