Any easing of China-U.S. relations will have twists and turns, and material improvement is unlikely to come soon. But both sides can learn from America’s Cold War standoff with the USSR, when mechanisms were built that avoided war. That process can be followed again.

The U.S. and China’s growing rivalry was bound to affect global relationships on multiple levels. Already having established the AUKUS program, the U.S. is also pursuing an adjacent Japan-Philippine-U.S. alliance which will add another security barrier in the Pacific, a difficult fence to raise in a region where many countries rely heavily on China for trade.

The U.S. Intelligence Community’s hyping the notion of an alleged China threat will continue to promote negative perceptions within American society. It caters to the mentality of some special interests that stand to gain from China-U.S. competition.

Hardline anti-China stances have been one of the few unifying platforms in a fractured U.S. Congress. By allowing anti-Chinese policy to be institutionalized in its halls, the U.S. government suggests that cooperation with China is out of the question. But as a country, it’s essential we’re able to find a path forward toward durable coexistence and prevent conflict from occurring.

The hype over a separation of China and the United States is rooted in a new cold war mentality. But Premier Li Qiang said the two can and must cooperate. There is much they can achieve by working together, while encirclement and suppression is in no one’s interest.

A more assertive Congress is moving steadily against China. Various factions seek to out-tough each other to gain public support, oblivious to the economic toll. Deviation from free market rules means higher costs for U.S. businesses and damage to U.S. industry.

At the recent two sessions of the National People's Congress and the Chinese People's Political Consultative Conference in Beijing, Chinese Premier Li Qiang and Foreign Minister Qin Gang reiterated China's policy towards the US. Their statements included several important messages that the US should take to heart if it hopes to manage the Sino-US relationship successfully.

The deteriorating state of Sino-American relations is causing increasing concern as both sides engage in aggressive rhetoric and actions across multiple dimensions of their relationship. Academics, corporations, investors, and citizens must prepare for the worst by scenario planning, and adjusting their mindsets to brace for a prolonged period of rivalry, while remaining on the lookout for opportunities for collaboration and bridge-building.

The U.S. and many of its allies rely heavily on the Chinese economy. Decoupling is not realistic and would only lead to long-term economic decline. On its current path — which is nothing if not clumsy — the Biden administration is only hurting the American people.

Industrial and supply chains have become the main theater of competition between China and the United States. America’s technology war will be deliberate, intense and long-term. For this reason, China must be strategically prepared for a protracted fight.