There are no winners in war — either shooting wars or technology wars. The scope of the new agreement between China and the United States is narrower after revisions, yet it’s still good for both sides because it preserves contacts and exchanges at many levels.

China-US Focus editor KJ Kerr sat down with Dr. Michael D. Swaine, a prominent American scholar of Chinese security studies, to explore his thoughts on the state of U.S.-China relations. Swaine, currently with the Quincy Institute for Responsible Statecraft, points to a need for greater frankness and openness between the rival powers and suggests that they can do things — both individually and together — to reduce tensions and forestall conflict.

"Reagan asked Gorbachev: If Martians attacked the United States, would you come to our defense? And Gorbachev said yes, and then asked Reagan: If Martians attacked the USSR, would you come to our defense? And President Reagan said yes."

Rick Waters is the managing director of Eurasia Group’s China practice. He previously served as the U.S. State Department’s inaugural director of the Office of China Coordination (China House) and as Deputy Assistant Secretary of State for China, Taiwan, and Mongolia in the Biden administration. In a recent interview with James Chau of China-US Focus in Tokyo, Rick Waters addresses potential risks and possible cooperation between the U.S. and China.

Increased cooperation among Quad countries and partners in the Indo-Pacific region poses a challenge for Chinese diplomacy. The new U.S. president will not only inherit the security framework built under Joe Biden, but is likely to harden it even further. Thus, China has reason to worry that tensions will rise and that new hot spots will be created.

Daniel Russel is vice-president for international security and diplomacy at the Asia Society Policy Institute. He previously served as special assistant to U.S. President Barack Obama and Assistant Secretary of State for East Asian and Pacific affairs at the U.S. State Department from 2013 to 2017. He was a major figure in the Obama administration's "pivot towards Asia" strategy. In a recent interview with James Chau of China-US Focus in Tokyo, Daniel Russel shares his concerns on U.S.-China rivalry in new technologies and its impact on bilateral relations and the globe as well.

The Trump White House is likely to ignite another round of inflation in new trade and tech wars. And that could drive U.S.-China ties to the edge.

In the run-up to the 2018 mid-term elections, then-President of the US Donald J Trump began to ratchet up the intensity of both his rhetoric and policies targeting China – more specifically, the US-China trade relationship. Castigating the trade deficit as one in which China was unfairly taking advantage of China, Trump fired his first shot in July, imposing tariffs on $34 billion worth of Chinese goods.

To avoid misunderstandings that could escalate into conflict, China and the United States must come to agreement about what strategic stability means. The concept is interwoven with the basic assumptions of each side as they negotiate, but their current mismatch is serious and undermines success.

A change in America’s political leadership will bring challenges, but China is not as vulnerable as some say. Aggressive U.S. policies could push China to diversify its investments and explore new markets, while projecting itself as a stable and predictable power.