The ongoing series of high-level meetings show that, despite pressures from third-party players, Beijing and Washington value a cooperative relationship and mutual understanding that should continue to strengthen.

As China’s economy and interests continue to grow, Beijing will uphold its sovereignty, security and development interests and will assume a bigger role in regional and global affairs. President Xi’s upcoming visit is another opportunity for Americans to appreciate that China’s actions are targeted at the US and its allies.

Policymakers in the United States, China, and other Asian powers must choose whether to deal forthrightly and sensibly with the changing regional power distribution or avoid the hard decisions that China’s rise poses until the situation grows ever more polarized and dangerous.

The 70th anniversary of WWII is a good time to reflect on global governance and progress in ending colonialism, while promoting peace. More nations need to observe the basic norms of the World Charter, the institutional structures must be adapted to new threats, and representation by smaller nations must be more equal.

As China continues its rise, many are left wondering what will come of the China-US relationship. Yu Sui explains the relevance of China’s “Five Principles of Peaceful Coexistence” as well as new diplomatic principles, which may serve as a guide to the “new model of major-country relations.”

Using a formula to define “comprehensive national strength,” Yan Xuetong explains how China has increased its national strength by expanding militarily, opening up economically, and maintaining strategic alliances. The world is increasingly witnessing bipolarization due to smaller nations strategically taking sides with either the U.S. or China for their securitization, yet this doesn't mean another Cold War.

The recent Lausanne agreement on Iran’s nuclear program is an important step forward for the international community after more than 12 years of painstaking negotiations, writes Wu Jianmin.

Previous U.S.-China issues of friction are becoming magnified again: Taiwai-Strait militarization, tension on the Korean Peninsula, maritime tension in the East and South China Seas, and security issues in cyberspace. Zhang Tuosheng calls on both nations to improve their desire to not seek conflict as a solution, strengthen and improve their liaison mechanism, enhance the role of research, and hold joint meetings.

The West increasingly views China as a potential competitor, while Chinese decision-makers misinterpret U.S. “hedging” as “containment.” The dissolution of traditional U.S. global hegemony and increasing importance of the Asia-Pacific calls for new transnational cooperation. The U.S. and China must lead through a “new model of major-country relations” to respond to the increasing environmental, security, and economic challenges arising around the world.

The move by China to create the AIIB doesn’t imply intention to control the bank; instead it is an attempt to enhance its “soft power,” while avoiding typical international norms of competing for hegemony. Europe’s participation has rendered the AIIB international credibility; yet China is wary that the new institution is already over-politicized even before its official launch and operation.