Washington has recently made attempts to repair its relationship with Beijing, but with limited success. As the 2024 U.S. presidential campaign approaches, Chinese officials should seek to calm ties involving the U.S. and other Western states.

Excessive Sino-American rivalry could be averted if strategists from the U.S. and China make rational assessments about the other side’s capabilities and limits - and can restrain themselves from pouncing on misperceived weaknesses.

Despite is softer sound when compared with decoupling, de-risking will not enhance U.S. national security. Unexpected consequences will follow as countries grow more cautious in choosing trading partners. Nor will de-risking enhance U.S. competitiveness. Rather, it will hinder innovation and suppress productivity.

Treasury Secretary Yellen's visit to Beijing aimed to promote dialogue and address sticking points. While the meetings were constructive, they didn't bring any new proposals, and significant challenges remain in resolving outstanding issues between the two countries.

Dialogues in China show America’s orientation toward “on-demand cooperation,” which is most likely to bear fruit in the green sector and with climate change. It may prove to be a starting point for the recovery of the relationship.

Tension between China and the U.S. is at a precarious point, the renowned diplomat noted, saying the trajectory of the relationship must be altered. In the short to medium term, there are still a significant number of opportunities.

Frequent high-level contacts with China may be making a tactical difference for the United States. Tensions have eased slightly. However, the U.S. continues to pursue its broader strategy of containment. As elections approach, the Biden administration has little room to maneuver.

In a series of recent high-level communication between China and the U.S., Treasury Secretary Yellen completed an official visit to China earlier this month. While the trip might indicate that a process towards renewal has finally begun, and pave the way for future dialogue, there were no tangible or immediate outcomes.

Talks between executive officials of the U.S. and China have resumed, after a disastrous start to the year. However, the presence of dialogue alone is no proof that substantial changes are in the works, as substantial changes have not emerged from current meetings.

U.S. Treasury Secretary Janet Yellen’s visit to China served as a reminder of the integral relationship that exists between the two countries. While the U.S. now says it merely seeks de-risking in its trade policies, it should be careful not to throw the baby out with the bathwater.